Case Summary Security Fraud - 1626 Words

Case Summary Security fraud is a white collar crime that involves the deception of investors or the manipulation of financial Markets (FBI, 2005). Security fraud is a broad topic that covers many different aspects of white collar crimes that individually can stand as their own form of indictable crime (FBI, 2005). Due to the broad reality associated with security fraud, when considering the different case studies, the Martin Shkreli case was the best option. Mr. Shkreli was a pharmaceutical executive who was known by the general public and by the Media for his high pricing in life saving drugs (Smythe and Geiger, 2015). Mr. Shkreli, dubbed Bad Boy by the media, had been charged with several charges pertaining to fraudulent schemes such as insider trades, manipulation of market to illegally redistribute money by misappropriation of assets or defrauding investors and potential investors to fund pharmaceutical companies that acted as hedge funds (Smythe and Geiger, 2015). The list of charges and cri mes that Mr. Shkreli go on and on, and it is for that very same reason Mr. Shkreli’s case was the most ideal case to choose. Mr. Shkreli s Case is great representation of how security fraud has many faces. Another reason why Mr. Shkreli s Case is the ideal case is due to the fact that it will allow for a more depth analysis on why individuals commit fraud. In one of the articles I will be annotating as one of the 5 sources, the psychology and sociology behind why individualShow MoreRelatedThe Case Summaries For Phar Mor Inc. Fraud Essay1302 Words   |  6 PagesThe Case Summaries for Phar-Mor Inc. Fraud, Waste Management Scandal, Enron Scandal and Answers Phar-Mor Inc. Fraud Summary Phar-Mor Inc. fell prey to greed from the top. Unfortunately, the auditing firm assisted the organization with the conspiracy to defraud the users of financial reporting, the government, and the stakeholders. The chief officers used the funds for personal usage and appropriated funds to functions that were not related to the organization business. The financial statementsRead MoreIntegrated Cases Chapter 51130 Words   |  5 PagesCHAPTER 5: Integrative Case- Northwest Industries N Date: December 3, 2011 Information Management Immediate Issues or Problems * Is there an existing fraud in the payroll system of Northwest Industries? * What courses of action should be done by Northwest Industries to prevent and detect fraud? Basic Issues or Associated Issues * All of the 1,500 company employees of Northwest Industries had a discrepancy between their reported withholding and the actual amountRead MoreAnalysis Of The Margolin s Lawsuit With The Rules Of Jurisdiction Essay1389 Words   |  6 Pagesin personam jurisdiction extends only over a specific geographic region.† (Kubasek, pg.42, 2009). Before a court can decide to implement control over a person, they require a minimum contact within the district in which the court is over. In this case, the minimum contact was established over the internet when Margolin inputted information over the internet that completed the business transaction. Since the contact is through the internet, and not within boundaries of the state of California orRead MoreCase Analysis : Lehman Brothers1225 Words   |  5 Pages Executive Summary A decade ago the Lehman Brothers were the fourth largest investment bank in America. Dealing with Investment banking and investment management, the Lehman Brothers was one of the largest global financial service providers. Consequently, the subprime mortgage crisis left the company filing for the declaration of the chapter 11 bankruptcy protections, due to the unnecessary undertaken risk and obnoxious negligence accusations directed towards the group. Companies should utilizeRead MoreIntroduction to Ict1509 Words   |  7 PagesContents Page i. Executive summary (pg.1) ii. Introduction (pg.1) iii. Report (pg.1-2) iv. Fraud (pg.2-3) v. Legislation (pg.3) vi. Recommendation (pg.4) vii. Bibliography (pg.5) Executive Summary In this report I will look into the benefits and risk of e-commerce, the types of legislation that have been introduced to protect the consumer and business alike. At the end of this report I plan to give my recommendationRead MoreBernard Madoff the Fraud of the Century746 Words   |  3 PagesThe Fraud of the Century The Case of Bernard Madoff Summary of the case In December 2008, the highly respected American businessman Bernard Madoff made the headlines when the US authorities accused him of orchestrating a $65 billions Ponzi scheme which is the biggest financial frauds of all time and made of him â€Å" The Conman of the Century†. Bernard Madoff also called   Bernie is a former American businessman, stockbroker, investment advisor, financier and the former non-executiveRead MoreMedicare Privacy in Australia1161 Words   |  5 Pagescommittee and known as â€Å"Healthcare Identifiers Bill (HI)† as proposed by Ms Nicola Roxon, Minister of Health, for inquiry and report on significant changes. The Minister of health has relied on Medicare as secure guardians of Medical information. In this case that the HI bill will have not much objections and gain support of the senate committee and thus earn favourable endorsement. This bill aims to provide every Australian a 16 digit identity number and more than 600,000 healthcare providers such asRead MoreUmmary Of The Issues In The DHB Industries990 Words   |  4 Pagesï » ¿Summary of the issues in the DHB Industries, Inc. case study.    Background: DHB Industries, Inc. (DHBI) case study concerns an accounting and financial reporting fraud. DHBI made protective body armour for the US military. The former CEO of DHBI, David Brooks (DB), misrepresented DHBIs financial statements, mislead the independent auditors in order to conceal his fraudulent transactions and he misappropriated DHBIs assets and funds for personal expenditures. Main Issues: (1)  Weak corporateRead MoreHoward Street Jewelers1634 Words   |  7 PagesCase Overview For forty years the Levis owned and operated a jewelry store. They had survived many financial ups and downs over the years, but the current declining cash position of the company was nearing critical. On more than one occasion Mrs. Levi had suspected Betty, a long term, reliable, employee for over twenty years, might be stealing from the company. Betty not only worked as a sales clerk, but she also handled all of the cash and bank deposits and maintained all of the sales andRead MoreEthics Of Hacking And Cracking1156 Words   |  5 Pagesexploitation of system vulnerabilities. Once, the term ‘hacking’ was used to define the activity of circumventing a computer’s, or a network’s, security without authorization for reasons such as financial gain, corporate espionage, personal challenge, of fame (Ashoo Gore, 2011). Now, with the advent of the computer security industry, professional security penetration testers have chosen to distance themselves from this shadowy designation by labeling malicious attackers as crackers. They have begun

What is sociology, anyway Why bother to study it Free Essays

The aspect of sociology mainly relates to the study of the human behavior, existence, and individual characteristics based on the collective perspective of the society. The importance of this field in science generally manifest in many ways varying from the views and interpretation of the person involved. In reply to the read article regarding a personal reflection towards sociology, this writer clearly understands that the author of the said article greatly appreciates the value of the aspect of sociology with its manifestation towards the said author’s life. We will write a custom essay sample on What is sociology, anyway? Why bother to study it? or any similar topic only for you Order Now Read also  Sociology and Social Integration. Parts of his realization are greatly inclined towards the aid of sociology for understanding the human behavior in the society and discovering the individual characteristics of each person in a collective perspective. By the inclusion of the sociological concepts, the author of the article was able to understand the individual differences in terms characteristics, behavior, intellect, and others relevant to his successful merge in his society. In agreement to the ideas presented of the author of the read article, indeed, the aspect of sociology explains that the individual differences of each person is rooted on the influence of numerous factors in the person’s development. Realizing this fact, it is important to acknowledge these factors in understanding the personal characteristics of each individual such as his or her opinion, values, perspective, behavior, and actions. Among these influential factors are the concepts of family background and culture wherein the former has changed significant in the present. Other than the traditional type of the family unit, new structure have already emerged in the present namely the extended and nuclear or modern type which also have significant influences in the personality development of the person involved in these family unit. The dominant culture existing inside the family also becomes a fundamental factor in the individual characteristic thus, should also be considered in the sociological analysis and understanding. Indeed, the factors of family background and culture significantly affect the development of individual personality and characteristics relative to understanding the differences of each person inside the collective group of their respective society. Being part of the broad field of sociology, indeed, it is important to consider this scientific field towards achieving development in the aspect of understanding social relationship and individual differences inside the organization of human society. How to cite What is sociology, anyway? Why bother to study it?, Papers

Disadvantages of using Renewable Energy-Free-Samples for Students

Question: Discuss about the Disadvantages of using Renewable Energy. Answer: Introduction The rapid growth of the technological advancements and the increasing needs for power has led to the rise of crisis situation sin the environment. the traditional methods through which power was used, the non-renewable sources, started depleting and the concern for the future generations has led to innovations that generated power for the industrial sectors and the common households. The most important consideration undertaken by the people while undertaking the sustainable approaches is based on the conservation of the power and the non-renewable sources. The technological advancements have led to the usage of the global statistics in order to analyze and understand the depletion that is being caused by the actions of the people and the organizations. The depletion of the natural resources, led to the serious discrepancies that are being faced by the people. The conservation of the non-renewable resources is therefore an attempt of sustaining the energy sources that are non-renewable in nature (Kristoferson Bokalders, 2013). The report, however, states the negative impacts of the usage of the renewable sources in the developing countries. It aims at differencing between the non-renewable and the renewable sources in order to justify the notion that the renewable sources must not be used by the developing economies. The growing awareness of the requirements of the application of the renewable sources of energy has led to the growth of the systems supporting the cause of the renewable sources. However, they might seem to be disadvantag eous for a developing country. The report enumerates the issues that are being faced by the developing countries while undertaking the practices of sustainable development. Te issues are being demonstrated with the help of the arguments and the counter arguments and lastly a critical review of the content that is being presented. Issue 1: High costs of installation The higher costs of installation of the renewable sources of energy leave limited scope with the developing nation to undertake and facilitate the sustainable approach. The higher costs of installation do not facilitate the usage of the renewable sources (Devabhaktuni et al., 2013). Moreover, expenditure that is being undertaken by the nation is based on the demography and the social structure. it is also based on the economic condition of the nation (Quaschning, 2016). The most important step undertaken by the nations is determining the per capita income of the nations through which the affordability of the step and its implementation can be understood. The majority of the people might not afford the higher costs of installation and therefore the implementation of the renewable resources is a matter of concern for the developing countries. On the other hand, the implementation of the renewable sources helps the nation in reducing the costs incurred in order to supply power to the people. In certain developing countries like Romania, nuclear power projects are being undertaken in order to supply the nation with the most required electricity. Nuclear plants make use of Uranium, which is a non-renewable source (Wstenhagen Menichetti, 2012). Therefore, the excessive use of uranium depletes the uranium contents in the atmosphere. The most important consideration undertaken by the nations in developing and empowering the mass production of power results to their reliability on the non-renewable sources of the energy (Refer to Appendice 1). Approximately the cost of one kilogram of Uranium is around $7 million. In this cost, the country could have installed different renewable sources like the wind power or the hydro power plants (Espinosa et al., 2012). The ineffectiveness of the plants is due to the excessive demand for po wer that is being faced by the nation. The demography and the economic structure of the nation play an important role in the installation of the renewable sources. The renewable sources help in making a sustainable approach to the growth of the nations. Therefore, an important phenomenon must be undertaken by the nations in order to support their respective eco-friendly approach. However, the higher costs of installation hinder the growth of the national progress. The most important consideration undertaken by the nations are based on meeting the requirements of the people. The increased population of the nations has supported the cause of their respective demands (Lee, Speight Loyalka, 2014). The demographic control and the steps that are being undertaken by the developing nations have brought in stability in their approaches. Although, the installation of the renewable sources of generating energy is not being undertaken by the nations due to the limited supply of power based on the demand. The renewable sources of energy have helped in the evolution of the power in the nations, which will not be based on the non-renewable sources. However, the excessive cost of installation of the renewable sources discourages the nations to undertake steps in order to implement the ideas of sustenance. The rise in the energy consumption has been correlated with the increase in the demand for the energy (Chu Majumdar, 2012). Therefore, in order to supply the people with the required amount of energy, the developing nations undertake steps in order to use the non-renewable sources. The output of the renewable sources of energy is again an important consideration that must be undertaken while understanding the deficit in the values of the power. Issue 2: Lack of reliability The installation of the renewable sources helps in the undertaking of the proper sustenance. However, the developing nations face difficulties in the installation process based on the factors of reliability. The reliability on the usage of the renewable sources is based on the availability of power and the lesser use of non-renewable sources from the environment. The lack of reliability is based on the concepts of the change that the nations must undertake. However, the applicability of the renewable resources is based on the demographic structure and the demand of the developing nations (Ellabban, Abu-Rub Blaabjerg, 2014). The problems that are being faced by the nations are based on the criteria of the supply of the power to the people. Apart from the fact that the usage of the renewable sources helps in reducing the carbon emissions in the atmosphere, the reliability of the sources plays a major role while undertaking the understanding of the situations of the nation. The most reliable source of energy can be counted on the empowerment of the geothermal energy, which is a renewable source and thereby helps in reducing the depletion of the resources from the atmosphere (Centi, Quadrelli Perathoner, 2013). On the other hand, the applicability of the geothermal energy sources requires huge funding and investment that are required to be undertaken by the nations government. It is based on the economic condition of the nation (Refer to Appendice 2). Therefore, the applicability of the renewable sources is based on the fair returns of the energy sources on the investments that are being undertaken. Waterpower, on the other hand, is estimated to provide 16% of the worlds energy through its rapid growth in different developing and developed countries. The installation of the turbines requires an investment though, but the source is being preferred by the countries that funds the growth of the hydropower projects. On the other hand, the lower productivity of the power that is being supplied through the undertaking of the project discourages the growth of the renewable sources (Twidell Weir, 2015). Wind power, on the other hand provides power to the people but the excessive demand of power could not be controlled and adhered by the systems and therefore, most of the nations apply the wind power in the windy areas in order to maximize the use of the resource. The most important issue that are being faced by the developing nations are based on the accessibility and the effectiveness of the measures in order to raise the quotient of their output in the sectors (Brenton, Edwards-Jones Jensen, 2015). Conclusion Therefore, from the above analysis it can be stated that the usage of the renewable resources is an important consideration that must be taken by the nations in order to sustain their resources. However, in order to cope up with the basic requirements of the people regarding the utilization of power, the nations have to undertake steps in order to use the non-renewable sources. The applicability of the renewable resources is based on the higher costs of installation and the lack of reliability of the resources in supporting the demands of the people. The most important step undertaken by the nations are based on the requirements of the power and thereby the supply of the power in the sectors for the smooth functioning. Moreover, the per-capita income of the people of the nation is also a considerable factor while undertaking the investments by the governing bodies of the nation. The sustainable approach of the nations should be backed by the potentiality of the developing nations to undertake steps in order to promote the usage of the renewable sources of energy. The most important consideration undertaken by the nations is based on the applicability and the potential benefits that the nation derives from the transition of the usability of power by the nation. It is based on the demands and the supply and also determines the costs of undertaking the change. References Brenton, P., Edwards-Jones, G., Jensen, M. F. (2015). Carbon labelling and low-income country exports: a review of the development issues. InINTERNATIONAL TRADE, DISTRIBUTION AND DEVELOPMENT: Empirical Studies of Trade Policies(pp. 393-417). Centi, G., Quadrelli, E. A., Perathoner, S. (2013). Catalysis for CO 2 conversion: a key technology for rapid introduction of renewable energy in the value chain of chemical industries.Energy Environmental Science,6(6), 1711-1731. Chu, S., Majumdar, A. (2012). Opportunities and challenges for a sustainable energy future.nature,488(7411), 294-303. Devabhaktuni, V., Alam, M., Depuru, S. S. S. R., Green, R. C., Nims, D., Near, C. (2013). Solar energy: Trends and enabling technologies.Renewable and Sustainable Energy Reviews,19, 555-564. Ellabban, O., Abu-Rub, H., Blaabjerg, F. (2014). Renewable energy resources: Current status, future prospects and their enabling technology.Renewable and Sustainable Energy Reviews,39, 748-764. Espinosa, N., Hsel, M., Angmo, D., Krebs, F. C. (2012). Solar cells with one-day energy payback for the factories of the future.Energy Environmental Science,5(1), 5117-5132. Jnicke, M. (2012). Green growth: From a growing eco-industry to economic sustainability.Energy Policy,48, 13-21. Kristoferson, L. A., Bokalders, V. (2013).Renewable energy technologies: their applications in developing countries. Elsevier. Lee, S., Speight, J. G., Loyalka, S. K. (Eds.). (2014).Handbook of alternative fuel technologies. crc Press. Quaschning, V. (2016).Understanding renewable energy systems. Routledge. Twidell, J., Weir, T. (2015).Renewable energy resources. Routledge. Wstenhagen, R., Menichetti, E. (2012). Strategic choices for renewable energy investment: Conceptual framework and opportunities for further research.Energy Policy,40, 1-10.

My Biggest Passion free essay sample

My biggest passion, besides my husband and kids, is riding motorcycles. This is something that I am still fairly new to; I have only been riding for about five years now. At first I was scared to death, when I was about five or six I fell off the back of one, but when I saw my children riding with my husband on his and having lots of fun I decided I would try it and have been hooked ever since. I hope to convey my excitement in the following essay, and also show everyone that we on motorcycles are for the most part harmless and just want the same courtesy on the road that you would give a car or truck. While motorcycles seem scary and unsafe, when used properly, they can actually be fun and exciting. One of the most important things to do when riding a motorcycle is get a helmet that fits and always wear long pants and tennis shoes or boots. We will write a custom essay sample on My Biggest Passion or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page You want as much clothing between you and the asphalt if something should happen. But first I would like to start with the history of motorcycles. Riding motorcycles for me and my husband is a fun and relaxing activity. We have three big events that we do every year; the first one is the Vermontville Maple Syrup Run in April, the Blessing of the Bikes in May and then our favorite which is our honeymoon/anniversary ride. Last year at our Vermontville ride we rode with about 40 bikes and pulled in to Vermontville with about a hundred bikes. Pouring rain and all. My husband can pack enough stuff on our bike (tent, sleeping bags, beach umbrella, pillows and clothes) to make it through a weekend of camping. On our average anniversary trip we can log up to 700 miles in a weekend. There is nothing like riding down the coast and smelling the water and trees and the air. I really do not know how to explain how much these rides mean to us.

Use Univision Scholarship Essay Samples to Write Good Papers

Use Univision Scholarship Essay Samples to Write Good PapersUnivision Scholarship Essay samples are considered to be very simple and common to the people, they have the capability to help you finish your papers quickly and efficiently. They are always provided with your syllabus and it is also advised that the first lines of the paper should be written by you in detail. So you can work from scratch when you are writing an essay. The role of the essay is to give a brief insight into the reason why the applicant applies for the course, he or she will put his thought and effort in writing the best essay.The essay is written in a concise and to the point way. You have to create a discussion paper which will catch the attention of the examiner and then it will impress the teacher as well. So you must be clear about what you need to write. A good essay must deal with your passion for learning and the discussion paper should reflect your passion as well. The author should state his or her i deas clearly, together with their rationale.Most of the times you can find many quality essay samples online. However you must make sure that the essay is not plagiarized, that is if you want it to be credited to you. The essay samples are based on a certain template.The quality of the essay samples can be gauged from the kind of paper you will produce after getting the help of the sample. In fact some writers are prepared to write thousands of sample essays but they will never get the required help to write a perfect essay. But it is your discretion to take the amount of money you want. So you must decide which one you will take.The goal of the Univision Scholarship Essay samples is to give the basic background of your skills, talents and interests. It is a good practice to check out the excellent article writing services offered by the website. You may also consider the quality of the content and grammar of the article, as these are very important to achieve your goal.Also the wri ter needs to be prepared to give you some fine details. This would include your educational background, achievements and other relevant things. The content may seem difficult at first sight but you will find it easy to read the results. Remember that with the help of these essays you are always assured of finishing your paper in a short time.The Univision Scholarship Essay samples can also give you a clear idea of how to write a great essay. You can also take the help of a writing company who has the capability to give you the direction. Apart from that, you can also seek some tips in order to create the best paper.

Comparative Essay On Deat Essays - John Donne, Welsh Poets

Comparative Essay on Deat annon Death is an aspect of life that everyone becomes acquainted with sooner or later. From my own experiences I am more familiar with death than I could ever want to be. Poetry is something that is very difficult for me to follow, but when it deals with concept that I am familiar with, then I am able to associate with the soul of the writer. Two poems that deal with the concept of death that I actually enjoyed reading and will compare to each other are Death be not proud by Dylan Thomas and Do Not Go Gentle Into That Good Night by Dylan Thomas. Firstly, in Death be not proud, Donne tells Death that it is not anything special. That Death is a low being that deals with the pitiful aspects of life: war, disease, and murder. Donne says that Death is nothing more than an aspect of life, just an event of the moment, one short sleep past, we wake eternally. Donne goes on to explain that we all will go through this door while on the way to another existence. In comparison, Do Not Go Gentle Into That Good Night by Thomas is a battle cry against death. To fight against it until the last breath of life is gone. That to give up life is the coward's way. To his father, who is dying from a protracted illness, Dylan says to show his love, that it is all right to cry even though he has never seen his father show the weakness of crying, just so long as he continues to fight against the coming end. In both poems, the writers are against Death; however Donne writes of Death as a weak entity that has no real power, because after we die, we will never have to face the worry of Death. Thomas, however, writes as if he doesn't believe in any kind of hereafter. An example of this is the repeated cry Rage, rage against the dying of the light. These are two very different beliefs for an ineludible fact of life. Death is something that I have faced and will eventually succumb to; however, I believe as Donne does, that I can choose to not be afraid of the occasion, that I will move to something better, that death is not the dying of the light. But also, as Thomas believes, I will not go gentle in that good night! I will fight with every bit of strength that I have against it. We will all succumb to Death eventually, but I won't give in one minute earlier than I have to. Steve Nix

Hydrogen Fuel Cells Innovation for the 21st Century

Hydrogen Fuel Cells Innovation for the 21st Century In 1839, the first fuel cell was conceived by Sir William Robert Grove, a Welsh judge, inventor, and physicist. He mixed hydrogen and oxygen in the presence of an electrolyte and produced electricity and water. The invention, which later became known as a fuel cell, didnt produce enough electricity to be useful. Early Stages of the Fuel Cell   In 1889, the term â€Å"fuel cell† was first coined by Ludwig Mond and Charles Langer, who attempted to build a working fuel cell using air and industrial coal gas. Another source states that it was William White Jaques who first coined the term fuel cell. Jaques was also the first researcher to use phosphoric acid in the electrolyte bath. In the 1920s, fuel cell research in Germany paved the way for the development of the carbonate cycle and solid oxide fuel cells of today. In 1932, engineer Francis T Bacon began his vital research into fuels cells. Early cell designers used porous platinum electrodes and sulfuric acid as the electrolyte bath. Using platinum was expensive and using sulfuric acid was corrosive. Bacon improved on the expensive platinum catalysts with a hydrogen and oxygen cell using a less corrosive alkaline electrolyte and inexpensive nickel electrodes. It took Bacon until 1959 to perfect his design when he demonstrated a five-kilowatt fuel cell that could power a welding machine. Francis T. Bacon, a direct descendant of the other well known Francis Bacon, named his famous fuel cell design the Bacon Cell. Fuel Cells in Vehicles In October of 1959, Harry Karl Ihrig, an engineer for the Allis - Chalmers Manufacturing Company, demonstrated a 20-horsepower tractor that was the first vehicle ever powered by a fuel cell. During the early 1960s, General Electric produced the fuel-cell-based electrical power system for NASAs Gemini and Apollo space capsules. General Electric used the principles found in the Bacon Cell as the basis of its design. Today, the Space Shuttles electricity is provided by fuel cells, and the same fuel cells provide drinking water for the crew. NASA decided that using nuclear reactors was too high a risk, and using batteries or solar power was too bulky to use in space vehicles. NASA has funded more than 200 research contracts exploring fuel-cell technology, bringing the technology to a level now viable for the private sector. The first bus powered by a fuel cell was completed in 1993, and several fuel-cell cars are now being built in Europe and in the United States. Daimler-Benz and Toyota launched prototype fuel-cell powered cars in 1997. Fuel Cells the Superior Energy Source Maybe the answer to Whats so great about fuel cells? should be the question Whats so great about pollution,  changing the climate  or running out of oil, natural gas, and coal? As we head into the next millennium, it is time to put renewable energy and planet-friendly technology at the top of our priorities. Fuel cells have been around for over 150 years and offer a source of energy that is inexhaustible, environmentally safe and always available. So why arent they being used everywhere already? Until recently, it has been because of the cost. The cells were too expensive to make. That has now changed. In the United States, several pieces of legislation have promoted the current explosion in hydrogen fuel cell development: namely, the congressional Hydrogen Future Act of 1996 and several state laws promoting zero emission levels for cars. Worldwide, different types of fuel cells have been developed with extensive public funding. The United States alone has sunk more than one billion dollars into fuel-cell research in the last thirty years. In 1998, Iceland announced plans to create a hydrogen economy in cooperation with German carmaker Daimler-Benz and Canadian fuel cell developer Ballard Power Systems. The 10-year plan would convert all transportation vehicles, including Icelands fishing fleet, over to fuel-cell-powered vehicles. In March 1999, Iceland, Shell Oil, Daimler Chrysler, and Norsk Hydroformed a company to further develop Icelands hydrogen economy. In February 1999, Europes first public commercial hydrogen fuel station for cars and trucks opened for business in Hamburg, Germany. In April 1999, Daimler Chrysler unveiled the liquid hydrogen vehicle NECAR 4. With a top speed of 90 mph and a 280-mile tank capacity, the car wowed the press. The company plans to have fuel-cell vehicles in limited production by the year 2004. By that time, Daimler Chrysler will have spent $1.4 billion more on fuel-cell technology development. In August 1999, Singapore physicists announced a new hydrogen storage method of alkali doped carbon nanotubes that would increase hydrogen storage and safety. A Taiwanese company, San Yang, is developing the first  fuel cell  powered motorcycle. Where Do We Go From Here? There are still issues with hydrogen-fueled engines and power plants. Transport, storage and safety problems need to be addressed. Greenpeace has promoted the development of a fuel cell operated with regeneratively produced hydrogen. European car makers have so far ignored a Greenpeace project for a super-efficient car consuming only 3 liters of gasoline per 100 km. Special Thanks goes to H-Power, The Hydrogen Fuel Cell Letter, and Fuel Cell 2000