Month: May 2015

Book Review: Populist Collaborators: The Inchinhoe and the Japanese Colonization of Korea

Author: Yumi Moon Publisher: Cornell University Press – 296 pages Book Review by: Paiso Jamakar In the Japan-Korea Treaty of 1876, Japan sought to make Korea a part of the Japanese Empire. The Meiji government, along with members of the military and some business people, sought to integrate Korea politically and economically as part of Japan. As a result of this treaty Japanese merchants came into Pusan, which became a thriving Korean port of foreign trade and commerce. Korea was a protectorate of Japan beginning in 1905, and in 1910 it was officially annexed into Japan. Korea gained its...

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Book Review: Pediatric Decision-Making Strategies, 2nd edition

Authors: Albert J. Pomeranz, MD; Svapna Sabnis, MD; Sharon L. Busey, MD; and Robert M. Kliegman, MD. Publisher: Elsevier Saunders – 354 pages Book Review by: Nano Khilnani This book, now in its second edition after its first edition appeared 12 years ago, is unusual from others in pediatrics in that it is based on algorithms. It enables you, the student or practitioner, to evaluate the condition and prognosis of the patient based on common signs and symptoms, as well as lab findings. This resource gives you a rapid but step-by-step approach to a diagnosis. The text accompanying each...

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Financing Tips: The Relationship between Cash Flow and Taxes

By Parag Nevatia Most of us have heard of the phrase cash flow. While some know the meaning, others don’t, but they use it all the time because it sounds great. For those who don’t, let’s look into what it means. There are basically two instances when this term comes up. First is when the business is on-going or existing, it’s referred to as historical cash flow and second, when it is a start-up or a new business, then lenders rely on, what’s referred to as, projected cash flow. Cash flow simply is the ability to pay back a loan adequately or with a reasonable buffer. When this is not thought out completely by the client or their certified public accountnt, that’s when lenders decline loans because the business doesn’t demonstrate that cash flow or the ability to pay back the loan. Now, CPAs know how to calculate and show a net profit at the bottom of a company’s financials or tax returns and know its significance or impact. My former colleagues from the banking cmmunity may agree that most of the times this is one of the major reasons why we decline loans. As a former banker and SBA loan officer, I used to go through each line item on tax returns and ask the client or the CPA many questions and hoped to get a reasonably explainable...

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Book Review: The Bank Your Time Game: Rulebook and Play Guide

Author: Prakash V. Rao Publisher: CreateSpace Independent Publishing Platform – 92 pages Book Review by: Sonu Chandiram Most of us want to spend more time on activities we want to do, and less time on the activities we have to do. Our want to do list of tasks are those that relate to our goals. But to reach our goals, we have to do some, or many tasks (we may or may not like) that will help us get closer to our goals. Examples: You really want to see Europe. But your employer has assigned you a big project...

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Book Review: Rising Seas: Past, Present, Future

Author: Vivien Gornitz, PhD Publisher: Columbia University Press – 344 pages Book Review by: Paiso Jamakar Going back into tens and even hundreds of thousands of years ago, could previous rises in sea levels happen again, this time inundating tens of millions of people living in large coastal population centers like Bangkok, Hong Kong, London, Los Angeles, Mumbai, New York City, Shanghai, and Tokyo? The inundation, destruction, and deaths of tens, even hundreds, of millions of people are very much possible, writes the author. That is why reading this book, as inhabitants of Mother Earth, is not just important,...

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