In the last half of the film House of Cards, Kyle Bass, the Hedge Fund manager foresaw the impending economic crisis and was able to position his company to profit from it. This was a smart move on Kyle’s behalf, he understood the concept of what goes up must come down. Friedman (2007) explains that individuals who are identified as self-differentiated leaders may possess characteristics such as having a universal perspective, adapts toward strength, focuses on strength, concern with one’s growth, and are challenged by difficult situations (p. 231). So how was Kyle Bass differentiated from others in the film? Kyle is a leader that knew the current situation with the housing market could not last forever and exhibited the characteristics that Friedman (2007) would identify as differentiated leadership and this kind of leader knows what they want.
Kyle’s actions I feel were very ethical mainly because he was concerned with the welfare of the common good. He could not understand how some of these loans were being provided to so many American’s. So, he decided to research how the government was allowing this to happen. His research took him to Wall Street where he was met with less then open arms from several companies. Kyle was more than shocked to hear that the current boom in the housing market would never end. The bank...
... middle of paper ...
...ning a strong sense of self is just as important.
In conclusion Kyle’s actions are well justifiable just as everyone’s actions in the film seem to be justifiable to them. It takes a strong leader to stand strong in the midst of adversity which Kyle exhibited, everyone had a part to play in the housing crisis and placing the blame will did not solve the problem. Kyle understood that he did not have the answers and had to learn to look towards the American people for insight, he had to be the one to take a look at the market and decide what could benefit the American people. Kyle’s wiliness to look into what was truly going on shows the strength of a leader through a difficult situation.
Friedman, E. H. (2007). A Failure of Nerve: Leadership in the Age of the Quick Fix. Seabury.
Jacoby, J. (Producer). (2009). House of Cards. CNBC. Film Documentary.
Need Writing Help?
Get feedback on grammar, clarity, concision and logic instantly.Check your paper »
- The essay is a review the following article: Wu, Joshua B, Tsui, Anne S., and Kinicki, Angelo J. 2010. Consequences of differentiated leadership in groups. Academy of Management Journal 53: 90-106. Introduction The research article “Consequences of Differentiated Leadership in Groups” focuses on the issues of leadership as it needs to confront groups. The theoretical assumption is that individual and group level methods need to be applied for groups by the leadership of an organization. The researchers in the paper argue that group level methods lead to increased performance and output.... [tags: nature of differentiated leadership]
892 words (2.5 pages)
- (1) Reflect on what you think might be some of the characteristics of the differentiated classroom based on your reading thus far. Tomlinson lists eight principles that guide differentiated instruction (Chapter 2: 1999). To what extent is each of these principles reflected in your classroom. Look at the brief profiles of Lin, Rafael, Serena, Trevor, Lesley, Danny, and Theo (Chapter 2; 2001). Who do they remind you of in your school or classroom. Contemplating on the idea of differentiated classroom, it can be seen that it involves the collaborative attempt of both the teacher and students to create a classroom environment that embraces diversity and differences.... [tags: Differentiated Instruction]
2494 words (7.1 pages)
- Differentiated instruction seems to be a philosophy that has captured the attention of many over a long period of time. Yet, when speaking to teachers about differentiated instruction, many don’t know what it entails. According to Carol Ann Tomlinson, differentiated instruction is a teacher’s response to learner’s needs. The differentiated instruction is guided by principals such as respectful tasks, flexible grouping, and ongoing assessment and adjustment. Teachers can differentiate the content, process, or product according to student’s readiness, interests, and learning profile through a range of instructional and management strategies (Tomlinson & Allen, 2000).... [tags: Education, Teacher, Differentiated instruction]
845 words (2.4 pages)
- This economic turmoil started with home loans and the credit card industry. We have a generation that never understood how to use credit properly and we now have higher claims of bankruptcy than we have ever had as a nation. The recession started because our nation was growing too fast for itself, people were taking out loans for homes they could not afford and the banks were letting them. We also have had a huge credit issue lately; I have even seen it personally with my parents, their interest’s rates have all gone up.... [tags: foreclosures, credit cards,]
1372 words (3.9 pages)
- The debate regarding the national id cards centers around a few key issues such as: its potential effectiveness of catching terrorists and apprehending criminals, reliability of this system , the financial costs of implementing this new program, and lastly, it would infringe on our personal privacy rights. You are essentially being monitored by the government and recorded your every move, and being monitored for all your normal day to day activities. 1. Privacy: This card will hold a vast amount of personal information such as your name, address (and former addresses), names of other family members, your religion, education, fingerprints, and much more.... [tags: National ID Cards, USA, ]
825 words (2.4 pages)
- -Introduction- The use of credit card has become a fashion and symbol of status in Korea. Korea’s credit card holding ratio has reached to 89%, and America (67%), Netherland (62%), Canada (61%), Austria (47%), and Australia (28%) follow after Korea (Han, 2015). Of course, highest credit card holding ratio creates a million delinquent borrowers, and overdue charge has reached to $1,300 USD in 2016, which is historical highest debt rate. Even though a million of people are suffering from credit card debts, financial institutions keep marketing to fascinate household to keep using credit card.... [tags: Debt, Money, Inflation, Credit cards]
753 words (2.2 pages)
- Contents Introduction 3 Industry analysis 4 Competitive Rivalry 4 Substitute Products 4 Threat of new Entrants 4 Strategy 5 Operations – Cost analysis 5 Administration – Cost Analysis 6 Proposed Complex Cards – Cost Analysis 6 Recommendations 7 Conclusion 8 Appendix 9 Table 1: Hammond Cards Production Cost 9 Table 2: Creative Designs Production Costs 10 Table 3: ABC of combined Administration Functions 10 Table 4: Complex cards sold to Hammond Customers 11 Table 5: Complex cards sold to Creative Customers 12 References 13 Introduction Hammond Cards, Inc.... [tags: Production Costs, Greeting Cards]
2358 words (6.7 pages)
- The article, “National Identity Cards Strange Liberty, Banish Privacy” by Charles Levendosky, implies that Identity Cards give us a false sense of security. The system would not prevent terrorists from using fake documents to get a national identity card and all citizens’ private information would be shared with government agencies and commercial organizations, therefore all personal information can be easily accessed through a computer system. This would result in a surveillance society with many obstacles due to human errors and leaving citizens with no privacy and freedom to be themselves.... [tags: Identity Cards, privacy]
791 words (2.3 pages)
- For the purpose of the assignment, MRC’s analysis has been done under the scope of its current position (2011 in the case-study) of developing the House of Cards project. 1. The 5 Cs: 1.1 Company: MRC is an award-winning boutique film and T.V. production house, with a reputation of “director-driven projects”. MRC has focused on creating new content, and attracting top talent by giving the filmmakers the financial support and a flexible atmosphere to develop the projects; they put significant efforts on issuing contracts that align creativity with profitability.... [tags: Marketing, Customer service, Film production]
1576 words (4.5 pages)
- NATIONAL ID CARD EXECUTIVE SUMMARY After the September 11th attacks, the issue of making national ID card in the United States, Canada and other countries has restarted. After reading many articles, magazines, and skipping through lots of frequently ask question about nation General confirmed the black market in phony driver’s licenses exist in that state.” National ID card, I myself believe that national ID card will not only not stop terrorism, illegal immigrants but also create a form of discrimination and increase ID fraud.... [tags: National ID Cards]
609 words (1.7 pages)
- Summary of Destroyed by Lies by Katie McKnight
- Philosophical Analysis Regarding The Existence of Deity
- Christian Conflict in China, Despite Assumed Religious 'Freedom'
- Personal Journal: Words That Describe Me
- Teacher Tenure in Schools
- The Comparisons between the Brook Ellison Story and the Book of Job