George Jackson

Biggest bank in world to getting bailed out by British tax payers The Royal bank of Scotland started off being a part of a small economy, causing a highly competitive market. This built a lot of pressure on RBS causing the need for expansion and at the head of this expansion George Matthews and Fred Goodwin. This expansion gained so much success, it lead to the expansion into the US market and then further leading to 24.1-billion-pound loss. In this blog, I’m going to be reflecting on how RBS made such a loss and focusing on Fred Goodwin leadership style, as I feel it has a major impact of the success of the company.      How did they make a 24.1 billion loss? RBS started in Scotland and only had one big competitor, Bank of Scotland. As the Scottish economy was so small both bank was under big pressure to find innovative ways to beat each other. Has Nat west had recently opened a new business headquarters the share prices were very low so both banks grab...

How wrong was the Madoff hustle? The Madoff hustle was constructed by Bernie Madoff and was the biggest scam in US history, with an estimated of 64 billion dollars stole from the public and even family and friends. The fraud was uncovered around the credit crunch in 2009 and Bernie has been sent to jail for the rest of his life as punishment. In this blog, I’m going to focusing on how he scammed so many people and the ethics of his decisions. How is it possible to commit fraud of such a vast level? The method Bernie used is called Ponzi scheme and this scheme is quite commonly used, as its surprising to me how easily they can get away with it. Bernie started with a legit stock brooking business and was known for having the technology that allowed him to buy stock way before competition, but as the rest of the competition developed, this caused Bernie to lose his niche. I feel like the high pressure on Bernie from the wall street market caused him to make the bad decision of ...

REMEMBER THE TITANS- Leadership Styles This movie is about a high school football team that is suffering from racial tensions and a new coach called Coach Boone takes over Coach Yoast as head coach. This shows how they overcome the hostile community and link together to gain team glory. Coach Boone and Coach Yoast have different leadership styles, which both contribute to the strong relationship in the team. Leadership is very important in building relationship in all types of team, especially in the business world as people have to work together in a range of different situations. Its the leader’s role to help keep control over the team and in this blog, I will be looking at the different leadership types of the coaches. I’m going to start off by looking at Coach Boone leadership traits and when he came in he lacked support, as his race and removing Coach Yoast from his position. I think that Boone was an Autocratic leader at the beginning of the movie as he had little flexibili...

Amazon, the profit power house  The founder of Amazon, Jeff Bezos’s net worth is around $90 billion and is expected to grow with estimated revenue increasing to 275 billion dollars in 2019. Amazon on 5th of July 1994 and has made revenues of $136 billion in 2016. I personal believe that Amazons success is dependent on they customers service they provide and the accessibility to their products. They are described as ecommerce giant, as they dominate the internet with their marketing and brand image. In this blog I’m going to Why has Amazon been so successful? In 2106 Amazon was reporting to have 310 million active customers and Amazon held 38 percent market share with $149 billion in sales in 2016. I am a regularly Amazon user and I personally feel like the success in down to the focus on customer service and usability of the site. Their website site is so easy to use and has such a big range of product available to buy, it just makes them stand out from competitors. I have r...

Inside Job: Storyville In this documentary, Charles Ferguson analysis the global financial crisis of 2008 and discovers how the costs of $20 trillion happened. This was described as the worst recession since the great depression and according to Barrack Obama, was caused by the greed on wall street and the failure of regulatory companies. I personally think it is due to a small percentage of people that have strong influence in the finical market, that are known as “Corporate Psychopaths” and this is due to the self centre attitude towards their success and the lack of care on how they get there. Iceland economy collapse in 2008 The documentary started off analysing the collapse of Iceland economy in 2008 and their main reason for why it did was due to the decision to privatise the three main banks in Iceland. This caused the three main banks to borrow 120 billion dollars in the next five years and a lot of the money was reinvested into companies in countries outside if Iceland....