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Regulatory Risk and the Cost of Capital
Austrian Controller Award 2005 This book develops a comprehensive concept of regulatory risk integrating existing theoretical and empirical research. The focus is on explaining how the design of the regulatory system influences the risk of a rate-regulated firm, as well as on elaborating appropriate methods for the determination of the regulatory rate base and the allowed rate of return. Regarding the regulatory rate base, the question of whether market value of capital or book value of assets should be employed and the choice of the depreciation scheme are at the center of the discussion. Specific methodical issues concerning cost of capital assessment for rate-regulated firms are analyzed, i.e. the circularity of rate regulation, the sharing of risks between capital owners and rate payers, the length of the regulatory review period, the regulation of the capital structure as well as the conversion of a post-tax to pre-tax weighted average cost of capital.
Mail at the Millennium
This book analyzes why the Postal Service needs to be privatized if mail delivery is to be an efficient component of rather than a corroded cog in the communications and information economy. The first section examines the state of the USPS, including its dangerous forays into cyberspace. The second section considers the changing structure of the mail market, including a look at labor problems, fatal flaws with the organization of the USPS, and the probable consequences of competition. The third section explores how to unwind government monopolies and reviews postal reforms in other countries. The fourth section offers actual reform and privatization proposals. Essays by Postmaster General William Henderson, Federal Express founder Frederick Smith, and Pitney Bowes CEO Michael Critelli contribute to making this volume an indispensable guide for charting the future of mail in the new millennium.
The Magic City Captured by Miami Vice, Scarface, Movies, and Burn Notice a guide to 80s Locations and Culture
This illustrated guide is unique. Fans of Miami Vice, Scarface, Burn Notice, and 80s Miami movies will appreciate it. The guide will also interest students of Miami history and Art Deco as well as those nostalgic about Miami in the 80s. It explains for the first time that these shows are really a time capsule of long gone Miami scenes. They serve as a record of when Miami was 1980s America on steroids. Burn Notice, an innovative show in its own right, followed Miami Vice's lead. When compared to similar scenes from Vice, recent TV shows reveal the distinctiveness of the 80s. These TV shows also provide a window into today's Miami. The guide shows where views of long gone iconic locations and typical Miami scenes can be found on the DVDs. The value of Miami Vice to South Florida is explained. Personal observations are provided by the author who lived there during the Vice years. All music played on Miami Vice is listed as well as key locations in all Vice, movies, and recent TV episodes.
The Contribution of the Postal and Delivery Sector
This book addresses major issues facing postal and delivery services throughout the world. Worldwide, there is currently a considerable amount of interest in postal and delivery economics. The industry is in a state of near crisis and drastic change is needed. The European Commission and member States are still wrestling with the problem of how to implement entry liberalization into postal markets, how to address digital competition, and how to maintain the universal service obligation (USO). The Postal Accountability and Enhancement Act of 2006 in the U.S. has perhaps created and exacerbated the problems faced by USPS. Post Offices (POs) have been slow to address the threat of electronic co...
And I Remember
In the early 1900’s, the Wilson family, lived at a time of country unrest and poverty. Love and the help of neighbors and friends were their gifts. Michael and Rita were the Wilson’s two children who adored their parents and wanted nothing more than a happy life together. Unfortunately, not everything happens as we wish it. Death, War, misunderstandings, ego and money change lives and people. Mr. Wilson becomes an Insurance Salesman for a few years and the couple live in peace. But peace does not last, and the change is what this story is all about. It spans four generations with all the twists and turns of environment, history, ill happenings, effects of both war and poor communication along with pettiness and misunderstandings. Sometimes we are our own worst enemy. S. Marshall Kent retired, having spent 20 years in government employ. This is a novice attempt. A learning curve, if you will. There is no relation to actual persons, Clayton New York is a place of Fiction. The characters and incidents are a product of the author’s imagination and are used fictitiously.
A Biker’s Lust
Michael Lawrence is not the kind of man who runs from a little conflict. He’s a brute. Or at least that’s the reputation he’s so carefully cultivated throughout his years of running his motorcycle club, Menace MC. Which means he's a lot more frightening than local law enforcement. Sarah knows all about Michael Lawrence. Or so she thinks. She’s come across his handiwork writing for the paper and what she’s seen has disgusted her. Sarah detests violence, the thing Michael Lawrence seems to bring with him everywhere he goes. Now Michael is getting to know Sarah. Sarah’s latest article has Michael’s crew all worked up, as it implicates about half of them. Michael’s not too pleased, either, but when his crew decides to take matters into their own hands it’s Michael’s reluctant duty to keep her safe. And Sarah doesn’t have the good sense to be terrified. The beautiful reporter has no fear and no particular fondness for Michael. Can Michael bring her around before she runs headlong into serious trouble? And more importantly, how will find the strength to let her go when the danger’s passed?
The Nebulus (HB)
The Nebulus (HB) By: Garrett W McIntire Earth, as we know it, is gone. The human race is dwindling and in danger of extinction. The hope of mankind falls on one crew in a desperate mission aboard the Sabina. This crew of sixteen must travel to the closest inhabitable planet to their space station and put their training to the test. However, space travel is incredibly challenging and unpredictable; if something can go wrong, it typically does. And with the fate of the world on their shoulders, there’s no room for error. Instead, the crew must live the motto of USUM: evolve, endure, and explore; the weight of the entire world falls on their shoulders as the final hope for the human race. If they die, they fail. If they fail, we die.
People of the Rainbow
A fictional re-creation of a day in the life of a Rainbow character named Sunflower begins the book, illustrating events that might typically occur at an annual North American Rainbow Gathering. Using interviews with Rainbows, content analysis of media reports, participant observation, and scrutiny of government documents relating to the group, Niman presents a complex picture of the Family and its relationship to mainstream culture - called "Babylon" by the Rainbows. Niman also looks at internal contradictions within the Family and examines members' problematic relationship with Native Americans, whose culture and spiritual beliefs they have appropriated.
