Personal Statement On Healthcare Management Essay

Healthcare management is a great, complex, and dynamic field. Like any business, healthcare requires exceptional administration to keeps its operations effective and smooth. Notably, the healthcare field is constantly growing, calling for the expertise of skilled administrators with the capacity to manage hospitals. Since my childhood, I have enjoyed solving problems, helping people, caring about the community and individuals, and having an excellent compensation and growth opportunities. Mission My mission is to become a professional who would manage, lead, and improve a dynamic healthcare system. Understandably, marketing and public relations in healthcare require financing and regulations to make positive impacts in the lives of clients and co-workers. My interest in taking a healthcare career was founded on three factors: leadership, quality improvement, and healthy aging. My career mission is founded on emerging as a skilled servant leader by not doing the job for myself, but to fulfill the organization’s mission. I would prefer serving my clients without an ego and I will include both paperwork helping patients, staff members and official meetings. Overall, I am passionate about a client-directed philosophy that puts the health needs of patients above the convenience of my organization. The current situation demands that healthcare practitioners build healthcare models in the needs of clients served rather than the customs of staff. Environment I plan to focus myShow MoreRelatedAmerican Health Information Management Association Essay818 Words   |  4 PagesAmerican Health Information Management Association, (AHIMA) Health Administrative Capstone November 10, 2010 Joining the American Health Information Management Association (AHIMA) benefits individuals and distinguishes them apart from others. 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Ethical health careRead MoreNegative Effects Of Social Media1683 Words   |  7 Pagessociety, technology plays a major role in our daily lives; technology goes forward with speed and offers people access to so many things that wouldn’t be possible if it weren’t around. The healthcare systems also are no exception; in fact, technology opens the doors to so many new ideas and job opportunities, and healthcare delivery has become a center of focus for technology. Social media is continuously growing and changed the way and improved the everyday activities with respect to health. Devices likeRead MoreHealth Center At Texas State University1370 Words   |  6 Pageshighly motivated professional, an experienced healthcare administrator and appears to possess inherent management and leadership skills that are quite significant and noteworthy. 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Insanity In Edgar Allen Poes The Cask Of Amontillado

You’re having a serene conversation with one of your so called â€Å"friends† when you spontaneously insult them as a joke, but you dont realize that you infuriate your friend in the process and cause them to vow revenge on you with the only justice being death because they were mentally unstable. This is exactly what happened in Edgar Allen Poes’ short story called â€Å"The cask of Amontillado,† it is a story about Two men, Montresor and Fortunado, Montresor is a man who vows to get retribution on Fortunado, a man who merely Insulted his family name. As you can see Montresor is clearly insane and two other traits you could describe him with would be him being astute and extremely determined. In conclusion, there are three main traits that†¦show more content†¦I also witnessed more of his extreme determination when he sent all of the attendants away so he could have the palazzo to himself by using reverse psychology. Overall, we can tell that Mon tresor is very regulated to a certain objective or vow and is ruthless until he feels accomplished and satisfied. Montresor shows that he is a very astute and intelligent person throughout The Cask of Amontillado by using people so no one would discover his stealthy plan. An astute action that Montresor does is when he uses reverse psychology to get the attendants out of the Palazzo I know he knows that he is doing this on purpose because he says, â€Å"I had told them that I should not return until the morning, and had given them explicit orders not to stir from the house. These orders were sufficient, I well knew, to insure their immediate disappearance, one and all, as soon as my back was turned.† Another intelligent thing he does to insure that his plan succeeds is when he keeps bringing up Luchesi when talking to Fortunado, he does this to make Fortunado stubborn and insist on following him into the catacombs. Therefore, we now know that Montresor was extremely clever and could easily play people to his advantage which made him even more dangerous since hes a ruthless lunatic. In Summary, thisShow MoreRelated Motication for Premiditated Murder Essay1612 Words   |  7 Pagescentury short fiction† (May). Edgar Allen Poe’s gruesome style of writing used connects him, and raises the social issue of motivation for murder within our jury trials. This is a widespread process of figuring out within a case in every country across the world. Motivation can be explained as the general desire to do something. â€Å"The Tell Tale Heart†, by Edgar Allen Poe deals with murder based on assumption of insanity. â€Å"The Cask of Amontillado†, also by Edgar Allen Poe, deals with murder based onRead MoreThe Cask Of Amontillado By Edgar Allan Poe1575 Words   |  7 Pages â€Å"The Cask of Amontillado.† Mon tresor plots and kills an unwary friend/foe during carnival time for motives that are unclear. The author of this tale, Edgar Allan Poe, influenced by his somewhat tragic life and one of the most influential Gothic writers, uses symbolism and irony to show the multitude of complicated motives of the narrator in his famous horror story. Upon examining Edgar Allan Poe’s life, one is not surprised that he chooses to write such gloomy and sinister stories. Poe’s life isRead MoreEdgar Allan Poe s The Tell Tale Heart1538 Words   |  7 PagesPotentially Mad, Potentially Genius: Edgar Allan Poe’s Style â€Å"True!—nervous—very, very dreadfully nervous I had been and am; but why will you say that I am mad?† Poe wrote this line in his â€Å"The Tell-Tale Heart,† and he very well could have been speaking about himself. Many generations have debated on whether or not Edgar Allen Poe was a mad. Reviewers and readers have looked at Poe’s work for nearly two centuries, trying to pick it apart and see if it’s the ramblings of a mad man or well piecedRead MoreAnalysis Of The Poem The Cask Of Amontillado 982 Words   |  4 Pages The Cask of Amontillado (p. 1846) Kaylie Turner The short story, â€Å"The Cask of Amontillado† is very much influenced by the author’s life. Edgar Allen Poe never knew his parents; his mother died when he was three and his father left him. In consequence, he went to live with John and Frances Allen, in Richmond, Virginia. When, the Allens wouldn’t give him enough money to go to the University of Virginia, he gambled to pay his tuition and ended up in debt. This was atrocious for him, but more adversityRead MoreThe Cask Of Amontillado By Edgar Allen Poe2223 Words   |  9 Pages Edgar Allen Poe’s The Cask of Amontillado tells the story of a man who illustrates vengeance in its purest form. The short story is set in an unnamed Italian city during a time of celebration and carnival. It is told in a flashback by the narrator, Montresor, who recounts the day he took revenge on Fortunato, a man who continuously insulted him until he had enough and responded. This story is one of the most influential works i n the horror genre as it possesses valuable insight into the psychologicalRead More The Yellow Wallpaper and The Cask Of Amontillado763 Words   |  4 PagesThe Yellow Wallpaper and The Cask Of Amontillado  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚      The short story, The Yellow Wallpaper, written by Charlotte Gilman, and The Cask of Amontillado written by Edgar Allan Poe, are stories in which the plots are very different, but share similar qualities with the elements in the story. The Cask of Amontillado is a powerful tale of revenge, in which the narrator of the tale pledges revenge upon Fortunato for an insult. The Yellow Wallpaper is a story about a womanRead MoreThe Cask Of Amontillado, By Edgar Allen Poe1073 Words   |  5 Pagesfeel if every family member you truly loved died. Edgar Allen Poe didn’t need to imagine this situation; he lived it. Poe had a miserable childhood. He lost many of his closest loved ones to death, which affected his mind. He became focused on death and its effects on those left behind. His obsession with death and loss can be seen in most of his writings. If one looks carefully at five of Poe’s writings, â€Å"The Raven,† â€Å"The Cask of Amontillado,† â€Å"The Tell-Tale Heart,† â€Å"The Black Cat,† and â€Å"TheRead MoreRomantic Writing : Edgar Allan Poe1112 Words   |  5 PagesRomantic writing can be simply measured by the presence of one simultaneous conjunction; the mastered use of the written word and the ability to illustrate intense emotion. Edgar Allan Poe, born in 1809, was an American writer, editor, and literary critic. Poe is best known for his short stories and poetry, especially those consisting of tales of mystery and horror. Widely regarded as a central figure of Romanticism in American literature, he was one of the country’s first practitioners of theRead MoreEdgar Allan Poe s Father Of American Gothicism1178 Words   |  5 PagesAlba Abreu Prof. Mrs. Beth Ritter-Guth EN-250 June 24, 2017 Poe s father of American Gothicism Edgar Allan Poe was born in Boston, Massachusetts on January 19, 1809. His parents were actors. After he was born, his father abandoned him and his mother died before he was three. This left Edgar Allan Poe a foster child. Poe s father was an alcoholic and an insovent actor. Thus, Poe had a miserable life, starting with his childhood, he lost his parents since he was a little child, and I would sayRead MoreAnalysis Of Edgar Allen Poe s The Cask 1563 Words   |  7 PagesMcKay American Literature 10 November, 2015 Gothic Elements in Poe’s Captivating Stories Edgar Allen Poe can be described as a master of gothic literature. Poe enjoyed incorporating the gothic theme into his stories (â€Å"The Cask† 52). The free dictionary website describes gothicism as a style in fictional literature characterized by gloomy settings, violent or grotesque action, and a mood of decay, degeneration, and decadence. Edgar Allen Poe experienced many failures and disappointments throughout

Eugenics in Nazi Germany Free Essays

The use of eugenics, or â€Å"racial hygiene† by the Nazi regime. Hitler’s intention as a political leader was to expand his empire and create a world government. Using the war as a preface to the mass genocide inflicted upon not only several racial and religious groups. We will write a custom essay sample on Eugenics in Nazi Germany or any similar topic only for you Order Now He failed at expanding his empire and cleansing the population of all â€Å"genetic disorders† and what was considered defects in the general population. Though he did allow several hundred thousand mentally ill, physically handicapped, individuals deemed â€Å"unworthy† of life. Nazi Physicians were able to disguise their plans to annihilate what they regard as useless eaters. After public protest, Hitler orders a halt to the killing programs, but they are inevitably continued in secrecy. Under the disguise of war, Hitler sought to hide the mass extermination of those that Germany believed were â€Å"unworthy† of life. Individuals who were mentally retarded, physically handicapped or mentally ill were targeted for murder in a disguised euthanasia killing operation codenamed by the Nazis as â€Å"Operation T-4†. Nazi Germany used Hereditary Health Courts to register every known case of hereditary illness, diagnosed victims were able to use Appeal courts but few decisions were ever reversed. Germany was dominated by National Socialists for twelve years in which political, civil, and medical authorities targeted any individuals who suffered from hereditary diseases, persons with disabilities, and those individuals suffering from mental illness for procedures that would lead to death. In the beginning, Individuals marked for death would be bused to a psychiatric institution where Nazi officials used methods like lethal injection and disguised carbon monoxide gas chambers to eliminate any individuals they marked as â€Å"genetic parasites†. In labor camps the SS dispatched, in addition, 2,960 prisoners from Mauthausen and 1,881 from Gusen, a total of 4. 841 prisoners, to the Hartheim sanatorium and â€Å"euthanasia† killing center to be killed. Using procedures that were to be later instituted in the death camps, workers removed the corpses from gas chambers, extracted any gold teeth, and brought the bodies to the crematoria to be burned together and eventually placed in urns and prepared for the family in the event that the family requested the remains. After public protest against the euthanasia killings, Adolf Hitler ordered a halt to the Euthanasia Program. According to internal calculations and data gathered during the T-4 program, 70,273 institutionalized mentally and physically disabled people were killed at six gassing facilities between January 1940 and August 1941. Despite Hitler’s public â€Å"halt† to the Euthanasia program, the Child â€Å"euthanasia† program continued as before. One year after Hitler’s public halt to all euthanasia killing on August 1942, German medical professionals and healthcare workers resumed the killings in a more concealed manner than previous programs. Historians estimate that the â€Å"Euthanasia† Program, in all its phases, claimed the lives of 200,000 individuals. Nazi ideals for society include a population that is cleansed of all â€Å"genetic diseases† or any individual considered a useless eater. This belief was backed by scientists in Germany because they were influenced by a desire to use eugenics to perform â€Å"racial hygiene†, many supporters were medical professionals such as, physicians or psychiatrists. These medical professionals observed the population and made decisions about which individuals would be included in the euthanasia program. Individuals included were mostly mentally retarded, physically handicapped, or the mentally ill. How to cite Eugenics in Nazi Germany, Papers

Msc Financial Management Services for Crises- myassignmenthelp

Question: Discuss about theMsc Financial Management Services for Financial Crises. Answer: Describing the new market model for online/marketing lending depicted in the article and depicting the major difference from conventional banking: From the evaluation of the overall article, new market model for online/marketing lending measures can be identified, where relevant online lending measures are conducted by organisations. The relevant article directly indicates the possibilities that have increased the possibility of fulfilling the borrowing needs. The overall possibility of new marketplace lending directly reduces the extra cost and inefficiencies of the bank. Moreover, the article also states that online/marketing lending model mainly commenced the work after the when the banks were not able to providing relevant provisions for the borrowers. Moreover, the financial crisis also forced the FED to reduce interest rates at zero level, which promoted the activities of online/marketing lending. Emekter et al. (2015) mentioned that due to the zero interest rates lenders were able to provide adequate loans to borrowers, where no costs is incurred from operations. From the evaluation of the article, it was also identified that total advanced outstanding increased from $1 billion in 2010 to $12 billion in 2014, which directly indicates that rising demand for the services of online/marketing lending. Moreover, the article also depicts that Lending Club and OnDesk Capital US operators directly raised $1.23 billion from the stock market, which provided online/market lending more capital for their business. This rising trend of online/market lending mainly increases the risk, which could be identified from operations. The old ways of lending mainly has a complicated process, from which the actual credit worthiness of the individual is evaluated to identify viability of the borrower. Hence, the relevant online/market lending process directly needs only three months of banking statement for providing adequate loans to the borrowers. This mainly increases the overall business capacity of online/market lending as compared from the traditional conventional banking. Jimnez et al. (2014) mentioned that different finance providing companies after the financial crisis have sprung, which directly provides capital for different individuals. Moreover, from the evaluation, it could also be identified that online/market-lending process has increased in recent years due to the availability of funds in the market. The article directly highlights Household or GE Capital Companies who are currently dependent on market funds to support their overall operations in US. This relevant availability of funds is mainly due to the absence of alternatives, which could provide higher returns from investment to an investor.The article also indicates negative attribute, where the history of liquidity is reminded, as shrinkage of spreads, sudden spike in loan losses, and regulations could directly liquidate or trigger a liquidity squeeze in the overall market. The identified negative attribute could directly affect operational capability of the organisation, which is providing financing support to the borrowers. An adequate example of lending club is presented, which directly depict the overall condition of companies lending money to the bo rrowers (Everett 2015). The company's overall revenue was $96 million from which only $86 million came from transaction fees, whereas the organisation has an expense of $100 million. Therefore, it could be identified that if the company is not lending more money than the losses incurred by the organisation will quickly pile up and increase the insolvency condition. However, the evaluation of the article it could be identified that Online/Market lending process is an innovative technology that have directly reduced cost and increased quickness in assigning the loan. Moreover, it is also indicated that increasing competition in the market for directly for the lending organisation to increase the risk by providing loans to adverse credit individuals. Hence, it could be identified that lending companies are currently in greater risk, which could need to insolvency condition (Guo et al. 2016). The relevant difference between online/marketing lending and conventional banking are mainly depicted as follows. Qualifications: From the valuation, it could be identified that conventional banking directly increases difficulty for small businesses where their product does not qualify to provide relevant returns to the banks. Moreover, there is a need of conventional banking for the loan process, where the organisation needs to be running for at least 2 years, which will directly enable them for the loan. The adequate score of 700 or more for FICO is also required for the business for attaining for the relevant loan. However, the qualifications for the Online/Market lending are mainly lenient, where only it requires 3 months for the business to attain adequate loan. Furthermore, the Online/Market lending does not put any kind of problems, which might reduce commencement of the loan process (Subrahmanyam, Tang and Wang 2014). Paperwork: There are relevant paperworks that is conducted by banks in comparison to Online/Market lending process. The overall paperwork directly includes financial data, investment information, and business summary, which directly increases the loan completion process. Furthermore, through the traditional approach lenders need to provide all the relevant business income tax returns, legal documents and other information to the bank (Lin et al. 2013). Moreover, the Online/Market lending process does not involve high documentation, where is it requires less documents for passing the loan. For example, Fundbox invoice financing only provides online accounting services only needs 6 months of accounts for providing relevant funds to the organisation. Funding times: The difference between conventional banking and online/marketing lending is the overall time that is taken for providing the relevant funds to the lender after the approval. The conventional banking system could take few weeks to few months for notifying regarding the decisions taken for the loan process. This high time that is needed by the conventional Bank major difference, which could be seen from online/marketing lending process. The overall online/marketing lending process provides adequate capital for daily expenses and investment that is necessary for equipments. Therefore, it could be identified that online/marketing lending process could provide decisions as fast as one business day. For example, companies like Lending Club and OnDesk Capital directly provides lender with the loan amount in one day after scrutinising their credit rating (Ingram, Littlewood and Lau 2013). APRs: Moreover, one of the major downfalls for online lending is the APRs, which is relatively higher despite the union requirements and fast funding address provided online lending. Moreover, the overall online reading process could have APRs well above 90%, which could directly have impact on the operations (Gilchrist and Mojon 2014). However, conventional banks have a low rate APRs, which directly help in improving their overall credit rating for. Moreover, conventional banks can provide single digit APRs, when borrowers are qualified for the loans. For example, one of the online lending companies such as OnDeck directly provides single digit APRs the lenders who have the excellent credit scores. The Bottom Line: Therefore, from the evaluation it could be identified that the use of Online/Market lending process is mainly for small organisation, which are in need for capital to expand their business. Therefore, from the valuation with the identified those small businesses are not able to qualify for the traditional loan requirements. These rejected borrowers were directly using the Online/Market lending process for gaining relevant capital, which will help in their business process. However, the traditional banking approach could provide funds at lower rates, which is not possible for Online/Market lending process (Acharya, Drechsler and Schnabl 2014). Therefore, from the evaluation it could be identified that companies who needs short-term loan on high interest rates can take loan from online/market place, while the companies that needs low interest rates loan could take loan from conventional banks. Depicting the financial risk present in online lending and stating the effects of economic financial stability if marketplace lending substantially increases: There are financial risks that are present from the use of online lending process, which could directly affect the overall economic stability. Moreover, the financial stability of the economy mainly declines due to the risks that are involved in the online lending process. The major financial risk presented from online lending process is depicted as follows. Credit risk: There is relevant credit risk involved in the online lending process, as borrowers that are unqualified for traditional loans mainly select the online lending process. Moreover, the online lending system has low requirements, where maximum of the borrowers are provided loans on high interest rates. This relevant accumulation of low credit rated borrowers could eventually increase risk of the online lending company, which in turn might raise the chance of credit default (Jagtiani and Lemieux 2017). Hence, the relevant credit risk could boost the financial risk, which could be boosted by the online process companies. Government protection: Moreover, from the evaluation of the government protection program it could be identified that the relevant online lending process does not get the protection. This relevant non-protection could eventually reduce the overall guarantee for the online lending process. Hence, the investments in the online lending process without government protection could result in high-risk situations (Malekipirbazari and Aksakalli 2015). Therefore, it could be identified that online lending process provides loans to borrowers with high risk and low credit rating, where the default chance of the loan is relevantly high. Therefore, the high risk could result in financial risk, which might affect the stock market. High APR: Moreover, the online process has high APR, which result in high cost loans and forces the borrowers to pay more interest on their borrowing. However, the high APR is mainly a risk, which is directly imposed on the capability of borrowers to support their financial obligations. This relevant imposing of higher interest rate increases the financial cost for individuals, which could lead to loan default. Freedman and Jin (2017) mentioned that us of high ARP could directly result in increased cost for the borrowers, which in turn might affect their ability to support their financial obligations. Hidden fees and terms: There are different types of hidden fees and terms, which could be identified that online lending process. This process could directly affect the overall financial cost of the borrowers, which in turn might increase their expenses. Bertay, Demirg-Kunt and Huizinga (2015) stated that high hidden fees and terms could directly increases expenses of the borrowers for both late and early payment of the loan. The online lending companies have different types of terms and rights, which could affect expenses of the borrowers. This hidden cost could force the borrowers to continue with high interest loans and in turn raise the relevant chance for expenses. Increasing fraud risk: There is relevant risk from fraud, which could directly have negative impact on the operations of the company. These adequate rising fraud and default of high interest bearing loans could also raise the problems for the financial sector. The high defaults in loan were the main reason behind the financial crisis of 2007, which could eventually increase the relevant risk from operations (Dell'Ariccia, Laeven and Suarez 2017). This identified risk could directly have negative impact on the overall economys financial stability if the practise of marketplace lending substantially increases in future. This adequate risk could also directly affect the economy, where relevant problems could be raised, which in turn might affect the capital market. DeYoung et al. (2015) argued that increment in instability of the economy during 2008 led to the financial crisis, which nearly liquidated the financial sector of the whole world. Depicting the relevant view on the statement they can weather a downturn because they do not own the loans they originate: From the overall evaluation of the article relevant view on the statement could be identified, which directly indicates the overall perception of online lending companies. The relevant statement directly indicates that online lending companies do not have any kind of obligations against the loans, as they do not own the relevant loans. This directly states that the overall loans originated by the online lending process are directly sold in the market in form of bonds and hedging products. Furthermore, adequate statement directly indicates that online lending companies mainly transfer the overall risk from them to other investors whose money is used to finance their activities (Mills and McCarthy 2014). The statement directly justifies the current condition of the online lending companies in US, which could be identified from the article. Hence, from the evaluation of the article it could be identified that different financing companies have taken money from the market to support the overall operations. This relevant transfer of money from investors to the financing companies is directly depicting the overall statement. The statement further states that financial lenders such as Lending Club and OnDeck Capital directly raised adequate capital from the market to support its rising capital needs. There are many instances where different lenders have relevantly taken money from the market by providing attractive return from investment. Gonzalez and Loureiro (2014) mentioned that investors use the highly risky online lending process for the investment, as there is no more lucrative options provided currently in the market. Therefore, the online financing companies get all the adequate returns from investment, which could help in improving its operational feasibility. Furthermore, seeing the rising trend Online lending process could eventually trigger a financial meltdown if adequate measures are not taken by the companies. The relevant statement is mainly conceiving a dangerous situation in which the current online lending process is increasing the risk of potential economic crises. The current situation of the online lending process is relatively in mess, which is directly affected conventional banking system. The rising default rates in online lending process are directly affecting the conventional banking system where adequate regulation needs to be imposed. Moreover, the financing means of individuals are relatively increasing, which is forcing the online lending market to increase the operational capability. In this context, Chaibi and Ftiti (2015) stated that operations conducted by the financing companies mainly increases the risk of insolvency due to acceptance of proposals from low credit rating borrowers. Currently from the evaluation it could be understood that the online loan providing companies are using different types of financial products to generate the relevant capital for the operation.Moreover, the online company is selling the relevant loans to investors who are willing to invest in the booming market and increase the returned from investment.However, from the studies conducted in US, it is seen that online loan providing companies are charging high amount of interest, which is drastically increasing overall chance of default among borrowers. Therefore, the relevant statement directly support the actions that is currently being conducted buy all the online lending companies. Depicting how online/marketplace lending practices within a regulatory framework, while providing some practical recommendations: From the overall evaluation of the article it can be seen that there are different types of regulator actions that is being imposed on the online lending companies. The adequate regulation could eventually help in controlling the online lending process and reduce the chance of an economic crisis. Moreover, it is mainly identified that the rapid growth in online lending process is mainly due to the low impact of regulations which is faced by the conventional banks. This is the main reason, which is driving the overall growth in online lending place. However some of the regulations are being imposed in the online lending process, where the US Treasury Department directly issued a request for providing all the information on online lending companies. Moreover, the Consumer Financial Protection Bureau has started accepting complaints regarding online lending companies, which is directly implicating that the government is taking active steps to ensure safety of the US citizens (Forbes.com 2017). Furthermore, the US government is currently involved in a court case which would help in changing the interest rate that is imposed by the online lending companies. This could eventually help in maintaining a certain slab for both interest rates and credit rating for protecting the investors money. Therefore, adequate regulations needs to be imposed on the online lending companies which might help in improving the financial stability of the economy and reduce defaulters. The rising Interest rates that are imposed by the online lending companies and the evaluation of their financial report directly indicated the weak financial position. Hence, the US government needs to implement adequate regulations on the online lending company for reducing the risk from investment and complying with all the financial commitments. First of all the reduction in interest rate needs to be imposed, where adequate interest rates starting from loan amount to the time needs to be calculated. Is second resolution that needs to be imposed on the online lending companies is credit rating measure. The companies are lending money to individuals who have bad credit rating and are not able to repay the loan amount and interest to the company (Ft.com 2017). Therefore, adequate credit rating slab could eventu ally allow the online lending companies to select investors who have adequate credit rating and are reliable to pay the loan amount. Lastly, an adequate auditing needs to be conducted of all the online lending companies, as it might help identifying whether they are complying with all the regulations imposed by the US government. References: Acharya, V., Drechsler, I. and Schnabl, P., 2014. A pyrrhic victory? Bank bailouts and sovereign credit risk.The Journal of Finance,69(6), pp.2689-2739. Bertay, A.C., Demirg-Kunt, A. and Huizinga, H., 2015. Bank ownership and credit over the business cycle: Is lending by state banks less procyclical?.Journal of Banking Finance,50, pp.326-339. Chaibi, H. and Ftiti, Z., 2015. Credit risk determinants: Evidence from a cross-country study.Research in international business and finance,33, pp.1-16. Dell'Ariccia, G., Laeven, L. and Suarez, G.A., 2017. Bank Leverage and Monetary Policy's Risk?Taking Channel: Evidence from the United States.the Journal of Finance,72(2), pp.613-654. DeYoung, R., Gron, A., Torna, G. and Winton, A., 2015. Risk overhang and loan portfolio decisions: small business loan supply before and during the financial crisis.The Journal of Finance,70(6), pp.2451-2488. Emekter, R., Tu, Y., Jirasakuldech, B. and Lu, M., 2015. Evaluating credit risk and loan performance in online Peer-to-Peer (P2P) lending.Applied Economics,47(1), pp.54-70. Everett, C.R., 2015. Group membership, relationship banking and loan default risk: the case of online social lending. Forbes.com. 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