Essay on Suki Kims Facing Poverty with a Rich Girls Habits

Charmaine Small English 111 September 17, 2012 Summary Response essay Facing Poverty with a Rich Girls Habits I always thought about what would wealthy people feel if they were in poor people’s shoes. To see how middle class people struggle with money instead of assuming everything is easy. I wondered if wealthy people would do if they went bankrupt and how that person would get back on their feet. What intrigued me to write my essay is a memoir that I read called â€Å"Facing Poverty with a Rich Girls Habits.† The Memoir is about the author named Suki Kim and the essay came from The New York Times newspaper. This woman named Suki Kims life changed instantly. In the beginning she talks about Queens, New York in 1983 where she lived†¦show more content†¦At the time when Miss Kim went to junior high she noticed how American schools are so different from Korean schools. Miss Kim also observed how people treat each other in America different from how Koreans treat each other in South Korea. Suki mentioned how Koreans in schools wore slippers to keep the schools floors clean as she compares to Queens, New York school has graffiti on the walls and has guards at the school doors searching the teenagers before they enter the school. When Miss Kim entered a English class with other Koreans she thought that she would fit in more but soon realized that she was still standing out from them. She knew that their was a difference between her and other Koreans. She said, â€Å"The wealthier Korean immigrants had settled in Westchester or Manhattan, where their children attend private schoolsâ⠂¬  (Kim, Page 93). She was in a public school where all the other poor immigrant teens went to. After awhile her family had earned enough money to move out of that neighborhood to get better housing and education. Suki had volunteered at a family assistant center as a interpreter and she got on her feet-finally adjusting to society. I think this memoir is to good read because I can understand how Suki feels. I was interested in how a rich person life changed to being a middle class or poor person. I liked this memoir of Sukis story because she put all of herShow MoreRelatedAn Analysis of Suki Kims Facing Poverty With a Rich Girls Habits581 Words   |  2 PagesSuki Kim, a South Korean immigrant to the United States, wrote an interesting article entitled Facing Poverty With a Rich Girls Habits. This article was published in the New York Times November 21, 2004. The purpose of this essay is to discuss this article and examine its key points. This essay will also include my personal attitudes towards this work and how it affected me. This brief article described Kims childhood transition from Korea to New York City. The article is framed in very drearyRead MoreFacing Poverty Essay677 Words   |  3 PagesThe Summary of â€Å"Facing Poverty with a Rich Girl’s Habits† ENG115061VA016-1126-001 (English Composition) July 22, 2012 According to Suki Kim, the author of â€Å"Facing Poverty with a Rich Girl’s habits, learning how to survive physically, emotionally, and educationally in a world that was far removed from the style of life she was accustomed to was one of the biggest challenges of her life. Kim went from having a father who was considered a millionaire, living in a mansion complete with a governess

The Epic Poem, Beowulf - A Jungian Reading of Beowulf Essay

A Jungian Reading of Beowulf The epic poem, Beowulf, depicts the battles and victories of the Anglo-Saxon warrior Beowulf, over man-eating monsters. The noble defender, Beowulf, constantly fought monsters and beasts to rid the land of evil. The most significant of these monsters, Grendel, represents Beowulfs shadow, the Jungian archetype explored in the essay collection, Meeting the Shadow. The character Grendel portrays the fallen self, which will assert itself violently if neglected, and must be overcome throughout life. The monster Grendel mirrors the part of our fallen state. Grendels ancestry leads to the biblical figure Cain, to which all evil can be attributed. Grendel represents the hidden evil of†¦show more content†¦Beowulf never finished fighting his demons. He defeated beasts in the sea, Grendel, Grendels mother, battled with the Swedes, and finally fought the dragon until his death. To defeat evil we must shed the grip that it has over us. Grendels hatred rose higher, but his power had gone. He twisted in pain, and the bleeding sinews deep in his shoulder snapped, muscle and bone split and broke (Burton 48). Beowulf disempowered Grendel by ripping of his arm. To rid ourselves from evil we must loosen its grip over us by eliminating its power. Grendel represents Beowulfs shadow. The suppressed shadow will surface to restore the imbalance in personal ity, like Grendel often surfaced from the swamp. Grendel is a symbol of the suppressed and unloved shadow, and he reeks terror on Herot to make his presence known. He represents the hidden neglected part of us. Every part of our personality that we do not love will become hostile to us(Bly 8). By storming into the mead hall and tearing the soldiers up before consuming them he represents this suppressed personality surfacing. Grendel is motivated by jealousy and anger. He is very envious and resentful towards the innocent people of the kingdom. He vents, and projects his anger onto society to restore a balance to Beowulfs personality. Grendel represents Beowulfs shadow. He is driven and motivated by the same things as Jungs description of the shadow. First of all, he represents the reaction of our shadow when it is

Why Go to Summer Program Free Essays

Name: Tham Wei Yie Matrics Number: EEE110145 Faculty: Faculty of Economics and Administration There are some of the reasons why I am interested to join for the summer program. Firstly, I can experience a new culture. While on this program, I have a chance to thoroughly experience the culture of the different country. We will write a custom essay sample on Why Go to Summer Program or any similar topic only for you Order Now This occurs through direct application as a result of living with a family native to the region, going to school with true residents of the country, and through various other means. I will find myself completely immersed within a different culture once I have arrived in the foreign countries, due to differences in the cuisine, architecture, familial tradition, and even the ways in which people carry out conversation! After having spent a significant amount of time within the country, I will become accustomed to the culture of foreign country and will find myself essentially able to behave in the manner of a local. This excellent learning opportunity typically leaves me with better understanding for people of all sorts, and can really make me feel as though I have become â€Å"citizens of the world. † After the return to my country, I will likely enjoy sharing my new culture with those around my friends and relatives. In addition to learning of the culture of the foreign country, I will become familiar with the ways of life of people all around the world through meeting other exchange students. This is guaranteed me to be amusing, and very interesting! Secondly, I will learn a new language. This is the opportunity that I have to learn a foreign language as I never had before. Being a student of going off others country is much like becoming a small child once again, and this provides the opportunity to become familiar with the language in the manner of a native speaker and I will become conversationally fluent if on a short term staying in the different environment. A new language will aid me in the future by allowing me to explore new interests, and will likely also help widen my range of future career options. Thirdly, I can meet new friends from all around the world. During the summer program, I will have meetings and trips where I can get to meet other foreign students. . It is so much fun when I am get together with them because we have so much in common. I will also meet tons of native friends in the country and will have a close relationship with the rest of my life. Most summer program are present within multiple countries within the world; as a result, I will typically have the opportunity to meet other exchange students, from a variety of countries! Oftentimes, the program will involve various outings with other exchange students, which are typically quite fun and interesting – it is incredible to see hordes of people from numerous foreign regions interacting with one another, forming friendships and promoting cultural understanding. One of the most challenging things may be ever experience, and it is wonderful to know people who are facing similar challenges during that time. The friendships one creates while on summer program are often very long-lasting – and studded with great memories! Lastly which is most important to me is personal development. I will be confronted with challenges in everyday life that I will have never before experienced. Everything is new, as the student adjusts to life within a foreign place with a completely different language and culture. Although this may seem utterly frightening, the difficulties associated with everyday life in abroad can truly teach me a countless life lessons. Even better, I have a chance to accomplish something very unique for my age – living independently for an extended period of time in a foreign country, without the aid of my natural parents. As a result of homesickness, feelings of alienation, or various other factors, I may occasionally go through times of depression, but these must be ended through when I am taking the initiative to go out and enjoy my amazing new life! Having enjoyed the good and survived the bad components in abroad, I will return to my home country with newfound strength, confidence, and self-understanding. Few other experiences can help me to gain these qualities so early on in life – that is truly the magic of summer program. How to cite Why Go to Summer Program, Essay examples

Business and Corporate Law Forrest v Asic

Question: Discuss about theBusiness and Corporate Lawfor Forrest v Asic. Answer: Introduction The Australian Securities and Investments Commission (ASIC) commenced legal proceedings in March 2006, against the Fortesque Metals Group Ltd (FMG) and its CEO and Chairman, Mr. John Andrew Henry Forest for the contravention of the sections 674(2) and section 1041 H of the Corporations Act. Mr. Forrest was accused of being personally liable to FMGs alleged misleading conduct and violation of the rules regarding continuous disclosures associated with the agreement between the FMG and the three state-owned Chinese corporations. The FMG entered into a binding contract with the China Railway Engineering Corporation (CREC) to finance and build the railway component of the Pilbara Iron Ore and Infrastructure Project. CREC is fully confident about its capacity to construct the heavy axle railway load and tends to become top construction company in Asia. According to the terms of the binding contract, CREC will undertake full risk under a fixed price agreement on the rail project (Tomasic an d Xiong 2016). During an investor conference, Forrest said that the price of the rolling stock and the railway line cannot be disclosed but it is competitive. On 23rd of August 2004, there was an increase in the FMGs share price from 55% to 70% before closing at 59% (a 7% increase). The Australian Financial Review published an article in March 2005 stating that CREC has no legal obligation imposed on it in the agreement, to build and finance the railway project. After the publication, the share price of FMG fell sharply. Australian Stock Exchange (ASX) requested FMG on 24 March 2005 to clarify the terms of the Agreement. FMG sent a copy of the agreement to ASX, where it was apparent that it did not include any agreed fixed price. Consequently, ASIC commenced legal proceedings against FMG and Forrest (Humphrey and Corones 2014). Infringement of Directors Duties Australian Stock Exchange Ltd (ASX) plays an important role in allocating capital in the Australian economy. The ASX deals with the rules regarding disclosure, which is governed by the provisions under section 674 of the Corporations Act 2001 (Cth) along with Ch 3 of the ASX listing rules. Section 674(2) lays down that it is mandatory for the listed entities to provide relevant information to the Australian Stock Exchange regarding their continuous disclosure rules. The information must be relevant to the extent that any prudent person would expect such information if it was available. The rules regarding disclosure are purported to retain the confidence of the investor by providing them with relevant information, which in turn, would facilitate the investors to take necessary decisions regarding their investments (Corones 2014). The main purpose of Australias incessant disclosure rule is to accelerate the efficacy and integrity of the capital markets in Australia by making them well-informed (Du Plessis 2016). The functioning of the incessant disclosure rules is further emphasized by the operation of section 1041 H of the Corporations Act that deals with deceiving and misleading conduct by any person while dealing in securities. According to the section, a person is prohibited from engaging in any misconduct relating to a monetary service or product that is likely to be deceiving or misleading. The statutory provision under section 52 of the Trade Practices Act 1974 (Cth) restricts a person dealing in commerce and trade from conducting in a way that is deceiving or misleading or is likely to deceive or mislead. This provision has paved the way for the aggrieved to bring legal action for damages. The courts determine whether a conduct of a person is misleading or not under section 1041 H of the Corporations Act 2002 by applying the principles stated under section 52 of the Trade Practices Act 1974 (Cth). The Australian Securities and Investments Commission (ASIC) is the supervisory body that ensures that the investors dealing in securities are not deceived or misled as stated by (Smith 2015). It also examines the announcements made in the market so that they do not mislead or deceive people. The ASIC alleged Mr. John Andrew Henry Forrest has violated the sections 1041 H and 674(2) of the Corporations Act. Mr. Forrest was accused of misleading conduct and infringement of the incessant disclosure regimes regarding the agreements in association with the Chinese corporations. In the investor conference, Forrest did not disclose the amount of the fixed price as he said the amount was confidential. However, under section 674 of the Corporations Act and as per the ASX Listing rule 3.1 any company that is a listed entity shall comply with the obligations regarding the disclosure rules even if the information is confidential by nature as stipulated by the sections (Choi et al. 2016). The company may not reveal any particular information if it satisfies the carve-out from disclosure in ASX Listing Rule 3.1, A which includes the following situations: The concerned information is an incomplete negotiation; The revelation of the information would amount to an infringement of law The information is part of a trade secret The information was created for the purpose of internal management of the entity The information was not sufficiently definite. However, none of the above mentioned situations applied to the revelation of the fixed contract amount of CREC on 24th of August. Therefore, the fixed amount constituted an essential term of the agreement and so it should have been disclosed at the investor conference. The non-disclosure of the price by Mr. Forrest amounted to infringement of his duty as laid down under section 181 and 674 of the Corporations Act (Ramsay 2015). Critical Evaluation of the Courts Decision The High Court dismissed ASICs contention that FMG and Forrest and the Board of the company while making the announcements had acted in a dishonest manner. The court concentrated more on the use of the term binding contract as to whether the term was used to misleading or deceitful manner. The term was analyzed by the court with reference to the proposed audience, which included investors and broader section of the business society (Mills and Woodford 2015). The court opined that the term did not imply that the agreement was enforceable by law. The court stated that a contract must not be assessed to be binding unless a statement regarding the legal binding of the contract has been made to the public. However, the court relied its approach on the following two facts: The contents of the Agreement was summarized precisely by the announcement The announcements made expressed the intention of the parties to constitute a binding contract ASIC further contended that Forrest has made an attempt to modify the agreement as it was not legally binding. The court declined the contention on the ground that post negotiations of the contract is not considered as a repudiation of the previous contract. It is a regular business conduct to make a better contract (Comino 2014). It was further observed that at the time when there was an increase of 7% in the share price of FMG, it was obvious to ASX from the newspaper publication that the market was not adequately informed regarding the terms of the CREC agreement in regard to the fixed amount payable to CREC. ASX should have requested FMG to clarify the terms of the agreement on 24 August itself but it did not write to FMG until March 2005. The member of the High court faced inconveniences with the manner of ASICs pleadings (Price 2014). The allegations made by ASIC during trial were regarded as allegations made on fraudulent conduct of the Fortesque. On an appeal, ASIC advanced the case on a distinguished ground altogether that the default statements made are deceptive or misleading by nature. Thus, the case that was presented during trial was based on the honesty of FMG, Mr. Forrest and the board of the company whereas the case presented on appeal concentrated on the fact that what did the default statements convey to the targeted audience (Langford 2015). It is a well-known principle that the evidence and the facts of a particular case are all relevant and imperative in the adjudication any case. The High Court was of the opinion and criticized that ASIC failed to provide relevant facts and evidences related with the case that would establish the fact that the targeted audience would interpret the term binding contract as contracts that are enforceable by law. It was an established principle that in situations where default statements were made towards the public or any targeted audience, any member within the target audience may adduce evidence that they were deceived and misled as a result of the impugned statement made (Gilbert and Fin 2013). The regulators that is, the ASX and the ASIC failed to comply with the disclosure rule that required them to ensure that the market is adequately informed. The regulators should have immediately requested for clarification of the contract terms relating to the fixed price by asking FMG for a copy of the agreement. The ASIC also failed to succeed in its contention against FMG and Mr. Forrest before the High Court as it did not include the competitive price representation in his contentions when it was apparent that the competitive price representation amounted to deceptive or misleading conduct of the Mr. Forrest (Hedges et al. 2016). In the context of the case, Forrest v. ASIC, the High Court asserted the burden is upon the appellant to prove that a statement addressed to the public include representation and also establishing the message the representation is likely to communicate to the targeted audience. The ASIC failed to adduce relevant evidence of the fact that in deed there were investors who were deceived and misled by the binding contract representation. The appellate court did not have to consider the competitive price representation as ASIC failed to plead the same (Lewis 2015). Conclusion The High Court held that Mr. Forrest and FMG had not conducted in a misleading or deceptive manner in relation to the binding contract and fixed price representation. The purpose of the statutory provisions for deceptive or misleading conduct and the disclosure regime have been incorporated in the Corporations Act to accelerate the efficiency of the Australian capital markets by providing equal opportunity to all the investors to have access to adequate and essential information about the company. Consequently, the availability of the adequate information shall facilitate the investors to take their necessary investment decisions. Reference List Choi, K.W.S., Chen, X., Wright, S. and Wu, H., 2016. Responsive Enforcement Strategy and Corporate Compliance with Disclosure Regulations. Comino, V., 2014. Australia's' Company Law Watchdog': The Australian Securities and Investments Commission and the Civil Penalties Regime. Corones, S., 2014. Australian Competition and Consumer Commission v. TPG Interney Pty Ltd., Forrest v. Australian Securities and Investments Commission: Misleading Conduct Arising from Public Statements: Establishing the Knowledge Base of the Target Audience.Melb. UL Rev.,38, p.281. Du Plessis, J.J., 2016. Corporate Governance, Corporate Responsibility and Law: Disclosure of Non-financial Information: A Powerful Corporate Governance Tool. Gilbert, A. and Fin, A.T.R.F., 2013. Breach of continuous disclosure in Australia.JASSA, (4), p.21. Hedges, J., Bird, H.L., Gilligan, G., Godwin, A. and Ramsay, I., 2016. An Empirical Analysis of Public Enforcement of Directors Duties in Australia: Preliminary Findings. Humphrey, J. and Corones, S., Forrest v ASIC:A Perfect Storm(2014).Australian Law Journal,88, p.26. Langford, R.T., 2015. Directors' Duties: Conflicts, Proactive Disclosure and S 181 of the Corporations Act. Lewis, K., 2015. ASX consults on changes to continuous disclosure guidance note.Governance Directions,67(4), p.201. Mills, A. and Woodford, W., 2015.Company Accounting. Pearson Higher Education AU. Price, J., 2014. ASIC report: The director's role in corporate governance.Company Director,30(1), p.12. Ramsay, I., 2015. Enforcement of Continuous Disclosure Laws by the Australian Securities and Investments Commission. Smith, H., 2015. Australia's Company Law Watchdog: ASIC and Corporate Regulation. Tomasic, R. and Xiong, P., 2016. Globalization, Legal Culture, and the Handling of Sino-Australian Commercial Disputes.The Chinese Journal of Comparative Law,4(1), pp.149-171.