Alex Kotlowitz follows the lives of two young boys, Lafeyette Rivers and Pharaoh Rivers, in their Chicago neighborhood, living in the Henry Horner Project, a housing scheme for underclass black people. The boys grow up in a rough neighborhood, where the only option is to join a gang once they enter adolescence. Their mother is 35 years old, and she had eight children, among whom, one is serving a jail term and the second born, an eighteen-year-old, has been arrested for a record forty-six times, making him a strong candidate to serving jail terms like his elder brother. When ...
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Impact of Future Derivatives on Stock Market Volatility
Derivatives has been the talk of the financial world after it was accused as the primary reason for such a deep financial crisis that affected the global economy in 2007. Thus, the modelling of asset returns and judging the volatility of stock market and whether the derivatives have a substantial effect on stock market volatility, is still the key task for every finance professional as it provides much needed on risk patterns involved in investment process. The Finance Gurus propose that stock market normally exhibit high levels of price volatility and cause concerns to the investor regarding unpredictable outcomes, however with ...
"Hills Like White Elephants" and "A New England Nun"
Ernest Hemingway's short story "Hills Like White Elephants" follows two conflicted and ambiguous characters - Jig and the American. Though their primary struggle and conflict is never explicitly mentioned, it is heavily implied that these two characters were or are in a relationship, Jig is pregnant, and the American wishes for her to have an abortion. In Eleanor Wilkins Freeman's "A New England Nun," a similarly contentious relationship is shown, between the happily-established Louisa and the selfish, disruptive Joe, who comes into her life because of a promise which nearly tears both of ...