CSAT Trauma Bonds Course
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Bond Basics: What Are Bonds?
Bond Basics: What Are Bonds? Have you ever borrowed money? Of course you have! Whether we hit our parents up for a few bucks to buy candy as children or asked the bank for a mortgage, most of us have borrowed money at some point in our lives. Just as people need money, so do companies and governments. A company needs funds to expand into new markets, while governments need money for everything from infrastructure to social programs. The problem large organizations run into is that they typically need far more money than the average bank can provide. The solution is to raise money by issuing bonds (or other debt instruments) to a public market. Thousands of investors then each lend a portion of the capital needed. Really, a bond is nothing more than a loan for which you are the lender. The organization that sells a bond is known as the issuer. You can think of a bond as an IOU given by a borrower (the issuer) to a lender (the investor). Of course, nobody would loan his or her hard-earned money for nothing. The issuer of a bond must pay the investor something extra for the privilege of using his or her money. This "extra" comes in the form of interest payments, which are made at a predetermined rate and schedule. The interest rate is often referred to as the coupon. The date on which the issuer has to repay the amount borrowed (known as face value) is called the maturity date. Bonds are known as fixed- income securities because you know the exact amount of cash you'll get back if you hold the security until maturity. -
Government Bonds Have Given Us So Much a Roadmap For
GOVERNMENT QUARTERLY LETTER 2Q 2020 BONDS HAVE GIVEN US SO MUCH Do they have anything left to give? Ben Inker | Pages 1-8 A ROADMAP FOR NAVIGATING TODAY’S LOW INTEREST RATES Matt Kadnar | Pages 9-16 2Q 2020 GOVERNMENT QUARTERLY LETTER 2Q 2020 BONDS HAVE GIVEN US SO MUCH EXECUTIVE SUMMARY Do they have anything left to give? The recent fall in cash and bond yields for those developed countries that still had Ben Inker | Head of Asset Allocation positive yields has left government bonds in a position where they cannot provide two of the basic investment services they When I was a student studying finance, I was taught that government bonds served have traditionally provided in portfolios – two basic functions in investment portfolios. They were there to generate income and 1 meaningful income and a hedge against provide a hedge in the event of a depression-like event. For the first 20 years or so an economic disaster. This leaves almost of my career, they did exactly that. While other fixed income instruments may have all investment portfolios with both a provided even more income, government bonds gave higher income than equities lower expected return and more risk in the and generated strong capital gains at those times when economically risky assets event of a depression-like event than they fell. For the last 10 years or so, the issue of their income became iffier. In the U.S., the used to have. There is no obvious simple income from a 10-Year Treasury Note spent the last decade bouncing around levels replacement for government bonds that similar to dividend yields from equities, and in most of the rest of the developed world provides those valuable investment government bond yields fell well below equity dividend yields. -
Chapter 06 - Bonds and Other Securities Section 6.2 - Bonds Bond - an Interest Bearing Security That Promises to Pay a Stated Amount of Money at Some Future Date(S)
Chapter 06 - Bonds and Other Securities Section 6.2 - Bonds Bond - an interest bearing security that promises to pay a stated amount of money at some future date(s). maturity date - date of promised final payment term - time between issue (beginning of bond) and maturity date callable bond - may be redeemed early at the discretion of the borrower putable bond - may be redeemed early at the discretion of the lender redemption date - date at which bond is completely paid off - it may be prior to or equal to the maturity date 6-1 Bond Types: Coupon bonds - borrower makes periodic payments (coupons) to lender until redemption at which time an additional redemption payment is also made - no periodic payments, redemption payment includes original loan principal plus all accumulated interest Convertible bonds - at a future date and under certain specified conditions the bond can be converted into common stock Other Securities: Preferred Stock - provides a fixed rate of return for an investment in the company. It provides ownership rather that indebtedness, but with restricted ownership privileges. It usually has no maturity date, but may be callable. The periodic payments are called dividends. Ranks below bonds but above common stock in security. Preferred stock is bought and sold at market price. 6-2 Common Stock - an ownership security without a fixed rate of return on the investment. Common stock dividends are paid only after interest has been paid on all indebtedness and on preferred stock. The dividend rate changes and is set by the Board of Directors. Common stock holders have true ownership and have voting rights for the Board of Directors, etc. -
3. VALUATION of BONDS and STOCK Investors Corporation
3. VALUATION OF BONDS AND STOCK Objectives: After reading this chapter, you should be able to: 1. Understand the role of stocks and bonds in the financial markets. 2. Calculate value of a bond and a share of stock using proper formulas. 3.1 Acquisition of Capital Corporations, big and small, need capital to do their business. The investors provide the capital to a corporation. A company may need a new factory to manufacture its products, or an airline a few more planes to expand into new territory. The firm acquires the money needed to build the factory or to buy the new planes from investors. The investors, of course, want a return on their investment. Therefore, we may visualize the relationship between the corporation and the investors as follows: Capital Investors Corporation Return on investment Fig. 3.1: The relationship between the investors and a corporation. Capital comes in two forms: debt capital and equity capital. To raise debt capital the companies sell bonds to the public, and to raise equity capital the corporation sells the stock of the company. Both stock and bonds are financial instruments and they have a certain intrinsic value. Instead of selling directly to the public, a corporation usually sells its stock and bonds through an intermediary. An investment bank acts as an agent between the corporation and the public. Also known as underwriters, they raise the capital for a firm and charge a fee for their services. The underwriters may sell $100 million worth of bonds to the public, but deliver only $95 million to the issuing corporation. -
From Internalizing to Externalizing: Theoretical Models of the Processes Linking Ptsd to Juvenile Delinquency
In: Post-Traumatic Stress Disorder ISBN 978-1-61668-526-3 Editor: Sylvia J. Egan, pp. © 2010 Nova Science Publishers, Inc. Chapter 2 FROM INTERNALIZING TO EXTERNALIZING: THEORETICAL MODELS OF THE PROCESSES LINKING PTSD TO JUVENILE DELINQUENCY Patricia K. Kerig1 and Stephen P. Becker2 1University of Utah, USA 2Miami University, Ohio, USA ABSTRACT In recent years, increasing attention has been drawn to a population previously overlooked in studies of posttraumatic stress disorder (PTSD), and that is youth involved with the juvenile justice system. Although prevalence rates vary, recent studies reveal that as many as 32% of boys and 52% of girls in detention settings meet DSM-IV criteria for a diagnosis of PTSD (see Kerig & Becker, in press, for a review). However, given that this area of research is relatively new, few studies to date have gone beyond the documentation of prevalence rates to examine the underlying processes that might account for the link between trauma and severe forms of antisocial behavior. The present chapter describes the prevailing theoretical models of the developmental psychopathology of trauma and delinquency and reviews the existing empirical evidence in support of their suppositions. Models discussed include those focusing on emotion processing (e.g., affect dysregulation, emotional numbing, emotion recognition deficits); cognitive processes (e.g., hostile attributions, stigma, alienation); interpersonal processes (e.g., traumatic bonding, antisocial peers); as well as integrative models, including attachment theory and the trauma coping model. 2 Patricia K. Kerig and Stephen P. Becker TRAUMA EXPOSURE, PTSD, AND DELINQUENCY A large body of literature attests to the fact that youth in detention settings have been exposed to significant levels of trauma. -
Breaking the Doom Loop: the Euro Zone Basket.” ESMT White Paper No
WP–17–01 ESMT White Paper BREAKING THE DOOM LOOP THE EURO ZONE BASKET DIETRICH MATTHES, QUANTIC RISK SOLUTIONS JÖRG ROCHOLL, ESMT BERLIN ISSN 1866-4016 ESMT European School of Management and Technology Citation Matthes, Dietrich, and Jörg Rocholl*. 2017. “Breaking the doom loop: The euro zone basket.” ESMT White Paper No. WP–17–01. * Contact: Jörg Rocholl, ESMT Berlin, Schlossplatz 1, 10178 Berlin, Phone: +49 (0) 30 21231-1010, [email protected]. Copyright 2017 by ESMT European School of Management and Technology GmbH, Berlin, Germany, www.esmt.org. All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, used in a spreadsheet, or transmitted in any form or by any means - electronic, mechanical, photocopying, recording, or otherwise - without the permission of ESMT. 3 Contents 1. Executive summary 4 2. Introduction 5 3. Current situation 7 4. A new approach 9 References 15 Figures Figure 1: Holdings in EUR by commercial banks (in aggregate) of their home country sovereign bonds by quarter, normalized to Q1/2003. The red box in 2011/12 gives the timing of the two ECB LTRO tranches and their impact on domestic sovereign bond holdings by banks. 7 Figure 2: Domestic sovereign exposures in bank portfolios as a fraction of the total sovereign exposures in each institution (average by country for the 51 institutions that participated in the EBA 2016 stress test) as per December 2015. 8 Figure 3: Sovereign exposures as a proportion of total exposures. EU comparison as of December 2015 based on the 51 institutions that participated in the EBA 2016 stress test. -
HERBERT ROSENFELD This Article Was First Published in 1971 in P
HERBERT ROSENFELD This article was first published in 1971 in P. Doucet and C. Laurin (eds) Problems of Psychosis, The Hague: Exceqita Medica, 115-28. Following the suggestion of the organizers of the Symposium that I should discuss the importance of projective identification and ego splitting in the psychopathology of the psychotic patient, I shall attempt to give you a survey of the processes described under the term: 'projective identification'. I shall first define the meaning of the term 'projective identification' and quote from the work of Melanie Klein, as it was she who developed the concept. Then I shall go on to discuss very briefly the work of two other writers whose use appeared to be related to, but not identical with, Melanie Klein's use of the term. 'Projective identification' relates first of all to a splitting process of the early ego, where either good or bad parts of the self are split off from the ego and arc as a further step projected in love or hatred into external objects whi~h leads to fusion and identification of the projected parts of the self with the external objects. There are important paranoid anxieties related to these processes as the objects filled with aggressive parts of the self become persecuting and are experienced by the patient as threatening to retaliate by forcing themselves and the bad parts of the self which they contain back again into the ego. In her paper on schizoid mechanisms Melanie IKlein (1946j considers first of all the importance of the processes of splitting and 117 Melanie Klein Today: Projective Identification denial and omnipotence which during the early phase of develop ment play a role similar to that of repression at a later stage of ego development. -
Frequencies Between Serial Killer Typology And
FREQUENCIES BETWEEN SERIAL KILLER TYPOLOGY AND THEORIZED ETIOLOGICAL FACTORS A dissertation presented to the faculty of ANTIOCH UNIVERSITY SANTA BARBARA in partial fulfillment of the requirements for the degree of DOCTOR OF PSYCHOLOGY in CLINICAL PSYCHOLOGY By Leryn Rose-Doggett Messori March 2016 FREQUENCIES BETWEEN SERIAL KILLER TYPOLOGY AND THEORIZED ETIOLOGICAL FACTORS This dissertation, by Leryn Rose-Doggett Messori, has been approved by the committee members signed below who recommend that it be accepted by the faculty of Antioch University Santa Barbara in partial fulfillment of requirements for the degree of DOCTOR OF PSYCHOLOGY Dissertation Committee: _______________________________ Ron Pilato, Psy.D. Chairperson _______________________________ Brett Kia-Keating, Ed.D. Second Faculty _______________________________ Maxann Shwartz, Ph.D. External Expert ii © Copyright by Leryn Rose-Doggett Messori, 2016 All Rights Reserved iii ABSTRACT FREQUENCIES BETWEEN SERIAL KILLER TYPOLOGY AND THEORIZED ETIOLOGICAL FACTORS LERYN ROSE-DOGGETT MESSORI Antioch University Santa Barbara Santa Barbara, CA This study examined the association between serial killer typologies and previously proposed etiological factors within serial killer case histories. Stratified sampling based on race and gender was used to identify thirty-six serial killers for this study. The percentage of serial killers within each race and gender category included in the study was taken from current serial killer demographic statistics between 1950 and 2010. Detailed data -
The Development of Compassionate Engagement and Action Scales For
Gilbert et al. Journal of Compassionate Health Care (2017) 4:4 DOI 10.1186/s40639-017-0033-3 ORIGINAL RESEARCH Open Access The development of compassionate engagement and action scales for self and others Paul Gilbert1*, Francisca Catarino2, Cristiana Duarte3, Marcela Matos3, Russell Kolts4, James Stubbs5, Laura Ceresatto6, Joana Duarte3, José Pinto-Gouveia3 and Jaskaran Basran1 Abstract Background: Studies of the value of compassion on physical and mental health and social relationships have proliferated in the last 25 years. Although, there are several conceptualisations and measures of compassion, this study develops three new measures of compassion competencies derived from an evolutionary, motivational approach. The scales assess 1. the compassion we experience for others, 2. the compassion we experience from others, and 3. self-compassion based on a standard definition of compassion as a ‘sensitivity to suffering in self and others with a commitment to try to alleviate and prevent it’. We explored these in relationship to other compassion scales, self-criticism, depression, anxiety, stress and well-being. Methods: Participants from three different countries (UK, Portugal and USA) completed a range of scales including compassion for others, self-compassion, self-criticism, shame, depression, anxiety and stress with the newly developed ‘The Compassionate Engagement and Actions’ scale. Results: All three scales have good validity. Interestingly, we found that the three orientations of compassion are only moderately correlated to one another (r < .5). We also found that some elements of self-compassion (e.g., being sensitive to, and moved by one’s suffering) have a complex relationship with other attributes of compassion (e.g., empathy), and with depression, anxiety and stress. -
An Ultra-Realist Analysis of the Walking Dead As Popular
CMC0010.1177/1741659017721277Crime, Media, CultureRaymen 721277research-article2017 CORE Metadata, citation and similar papers at core.ac.uk Provided by Plymouth Electronic Archive and Research Library Article Crime Media Culture 1 –19 Living in the end times through © The Author(s) 2017 Reprints and permissions: popular culture: An ultra-realist sagepub.co.uk/journalsPermissions.nav https://doi.org/10.1177/1741659017721277DOI: 10.1177/1741659017721277 analysis of The Walking Dead as journals.sagepub.com/home/cmc popular criminology Thomas Raymen Plymouth University, UK Abstract This article provides an ultra-realist analysis of AMC’s The Walking Dead as a form of ‘popular criminology’. It is argued here that dystopian fiction such as The Walking Dead offers an opportunity for a popular criminology to address what criminologists have described as our discipline’s aetiological crisis in theorizing harmful and violent subjectivities. The social relations, conditions and subjectivities displayed in dystopian fiction are in fact an exacerbation or extrapolation of our present norms, values and subjectivities, rather than a departure from them, and there are numerous real-world criminological parallels depicted within The Walking Dead’s postapocalyptic world. As such, the show possesses a hard kernel of Truth that is of significant utility in progressing criminological theories of violence and harmful subjectivity. The article therefore explores the ideological function of dystopian fiction as the fetishistic disavowal of the dark underbelly of liberal capitalism; and views the show as an example of the ultra-realist concepts of special liberty, the criminal undertaker and the pseudopacification process in action. In drawing on these cutting- edge criminological theories, it is argued that we can use criminological analyses of popular culture to provide incisive insights into the real-world relationship between violence and capitalism, and its proliferation of harmful subjectivities. -
A Critical Examination of the Theoretical and Empirical Overlap Between Overt Narcissism and Male Narcissism and Between Covert Narcissism and Female Narcissism
View metadata, citation and similar papers at core.ac.uk brought to you by CORE provided by Smith College: Smith ScholarWorks Smith ScholarWorks Theses, Dissertations, and Projects 2009 A critical examination of the theoretical and empirical overlap between overt narcissism and male narcissism and between covert narcissism and female narcissism Lydia Onofrei Follow this and additional works at: https://scholarworks.smith.edu/theses Part of the Social and Behavioral Sciences Commons Recommended Citation Onofrei, Lydia, "A critical examination of the theoretical and empirical overlap between overt narcissism and male narcissism and between covert narcissism and female narcissism" (2009). Masters Thesis, Smith College, Northampton, MA. https://scholarworks.smith.edu/theses/1133 This Masters Thesis has been accepted for inclusion in Theses, Dissertations, and Projects by an authorized administrator of Smith ScholarWorks. For more information, please contact [email protected]. Lydia Onofrei A Critical Examination of the Theoretical and Empirical Overlap Between Overt Narcissism and Male Narcissism, and Between Covert Narcissism and Female Narcissism ABSTRACT Within the past twenty years, there has been a proliferation of empirical research seeking to distinguish between overt and covert types of narcissism and to elucidate the differences between narcissistic pathology among men and women, yet these two areas of research have largely been carried out independently of one another in spite of clinical observations suggesting a relationship between them. This project was undertaken to systematically examine whether an overlap exists between the clinical category of overt narcissism and male/masculine narcissism, or between the category of covert narcissism and female/feminine narcissism. Secondly, it sought to elaborate on areas of overlap between these categories. -
Understanding Relational Dysfunction In
Psychology Research, August 2019, Vol. 9, No.8, 303-318 doi:10.17265/2159-5542/2019.08.001 D DAVID PUBLISHING Understanding Relational Dysfunction in Borderline, Narcissistic, and Antisocial Personality Disorders: Clinical Considerations, Presentation of Three Case Studies, and Implications for Therapeutic Intervention Genziana Lay Private Psychotherapy Practice, Sassari, Italy Personality disorders are a class of mental disorders involving enduring maladaptive patterns of behaving, thinking, and feeling which profoundly affect functioning, inner experience, and relationships. This work focuses on three Cluster B personality disorders (PDs) (Borderline, Narcissistic, and Antisocial PDs), specifically illustrating how relational dysfunction manifests in each condition. People with Borderline Personality Disorder (BPD) experience pervasive instability in mood, behavior, self-image, and interpersonal patterns. In relationships, they tend to alternate between extremes of over-idealization and devaluation. Intense fear of abandonment, fluctuating affect, inappropriate anger, and black/white thinking deeply influence how they navigate personal relationships, which are often unstable, chaotic, dramatic, and ultimately destructive. They have a fundamental incapacity to self-soothe the explosive emotional states they experience as they oscillate between fears of engulfment and abandonment. This leads to unpredictable, harmful, impulsive behavior and chronic feelings of insecurity, worthlessness, shame, and emptiness. Their relationships are explosive, marked by hostility/contempt for self and partner alternating with bottomless neediness. Manipulation, lying, blaming, raging, and “push-pull” patterns are common features. Individuals with Narcissistic Personality Disorder (NPD) exhibit a long-standing pattern of grandiosity and lack of empathy. They have an exaggerated sense of self-importance, are self-absorbed, feel entitled, and tend to seek attention. Scarcely concerned with others’ feelings, they can be both charming and exploitative.