Tuesday, November 22, 2011

Video Questions

1- what is your opinion of the topic of the video? explain why?

I think that it is fair for people who are higher in status to have information on what is going to happen to the stock market. They have the money, the influence, and the recources, so it's their right to use them as they wish.

2- what can you do about your opinion? How can you make your opinion count?

I really don't know what I can do about my opinion because I don't have the influence of a senator nor the resources. I just believe use what you can when you can if it inproves what happens to YOU.
3-What is insider trading? What was the info that caused Martha Stuart to go to Prison?

Insider trading is when a person trades stocks that belong to a company while knowing what is going to affect the the stocks wheather its in a positive or a negative way. Martha Stuart got the information for insider trading second hand but lied about it and was sent to jail for fraud and conspericy.


4-What is black friday? When did it get its name? What is cyber monday?

Black Friday is the day following Thanksgiving Day in the United States, traditionally the beginning of the Christmas shopping season. On this day, most major retailers open extremely early, often at 4 a.m., or earlier, and offer promotional sales to kick off the shopping season, similar to Boxing Day sales in many British Commonwealth countries. Black Friday is not actually a holiday, but most non-retail employers give their employees the day off, increasing the number of potential shoppers. It has routinely been the busiest shopping day of the year since 2005, although news reports, which at that time were inaccurate, have described it as the busiest shopping day of the year for a much longer period of time. The day's name originated in Philadelphia, where it originally was used to describe the heavy and disruptive pedestrian and vehicle traffic which would occur on the day after Thanksgiving.  Use of the term started before 1966 and began to see broader use outside Philadelphia around 1975

Cyber Monday is a marketing term for the Monday immediately following Black Friday, the Friday following Thanksgiving Day in the United States, created by companies to persuade people to shop online. The term made its debut on November 28, 2005 in a Shop.org press release entitled "'Cyber Monday' Quickly Becoming One of the Biggest Online Shopping Days of the Year".

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