Crossroads at Tenderloin
The author of this report has been asked to offer a one-page reflection paper as it relates to the two treatises that were offered in relation to the Tenderloin area of San Francisco. One of the offerings is a YouTube video that details the addition of a mural to the area as a way to spark community involvement and to bring good vibes to an area that sorely needs it. There is also a web article by Jonah Raskin that also helps paint the picture of how the residents of the Tenderloin area are very much people that have become victim to or at least have fallen through the cracks when it comes to capitalism. While the dynamics and factors that lead to people being relegated to areas like the Tenderloin district are many and complex, there are certainly some crossroads and experiences that can be discussed and correlated (Raskin) (YouTube).
One of the supposed upsides to capitalism is that everyone is supposed to have a fair opportunity to succeed and thrive in this country. The problem is that not everyone can be winners and there are those that fall far, if not very far, from their apex in life. The Tenderloin area represents...
Because the home country is not required to reimburse foreign depositors for losses, there is no corresponding financial penalty for lax supervision; there is, though, a benefit to the country with lenient regulatory policies because of increased revenues generated and the employment opportunities these services provide (Edwards 1999). Furthermore, banks seeking to conduct multinational business are attracted to countries where incorporation laws and the regulatory framework offer less regulatory oversight
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