This case focuses on the financial difficulties the United States faced from August to December 2006, as well as its roots in subprime loans. After briefly analyzing how pre-1990 mortgages were structured and negotiated, he describes subprime mortgages, as well as other groundbreaking mortgages that were issued in the 1990s. It also discusses how these …
MME is an agricultural cooperative that produces ethanol from corn. The cooperative performed well compared to other manufacturers, but margins in the industry had declined as the industry’s production levels approached the limits of market demand. MME farmers had to decide whether to build on its success and expand through acquisitions, whether to sell the …
In May 2007, Amgen Inc. (Amgen) received disappointing news from the European Medicines Agency (EMEA) that its drug Vectibix, which was developed to fight metastatic colon cancer, had been rejected. This was particularly surprising news, as a similar competitor drug had received approval several years earlier. Additionally, Vectibix received approval from the Food and Drug …
In early 2016, stock markets around the world crashed, raising the risk of another great depression hitting the world. In their struggle to recover from the post-2008 global recession, many nations expanded their money supply and lowered interest rates to stimulate both consumer spending and business investment. While some of this monetary expansion boosted output …
Helps students understand antitrust and competition policy principles related to the proposed GEHoneywell merger. The US Department of Justice has already approved the transaction and the European Commission is reviewing it. The Competition Commissioner, Mario Monti, must analyze the economic consequences of the planned merger and assess the effects on competitors, customers and product markets. …
Rainforest Action Network (RAN) worked “to protect the world’s rainforests and support the rights of their inhabitants through education, grassroots organizing and direct nonviolent action.” RAN has fulfilled its mission by conducting campaigns to distract companies from the destruction and exploitation of unsustainable forest resources. RAN worked with other non-governmental organizations, student groups, and indigenous …
This is a case that could stimulate discussions about political strategies and the relationship between marginalized cultural groups and the mainstream. It tells the story of an attempt in 1988 to make English the official language of the state of Florida, inspired in part by tension and jealousy over the arrival and relative prosperity of …
The case discusses the origins and development of the European integration process from the post-war period to 2007, with a particular focus on the Lisbon Agenda’s efforts to strengthen Europe’s competitiveness since 2000. It analyzes the different policy areas that have been addressed to European level over time and provides basic information on the architecture …
This grade is given in the Dardens elective “Global Water Economics.” There is more than enough fresh water to meet the world’s needs. However, the main concern is the geographic discrepancy between water needs and the availability of water for the communities that need it. Therefore, a great challenge for the 21st century is to …
The first food safety commission for the European Union is created. What about food safety, scientific assessments and people’s attitudes towards scientific changes in food growing and processing, for example genetically modified organisms?