Week 1 Observation

London has been an awesome experience so far, it's interesting to see the different cultures and how they live over here. Everything is smaller room wise compared to the US. People dress for success unlike in the US we sometimes dress to casual. The field trips we went on, I have learned a lot and below is reflection of my experiences. 

Bank of England

            The Bank of England was very interesting to see. It was interesting to see how the bank started and all the currencies change that have occured. I didn’t realize in the 1600s that so

 many transactions were made and the amount taken out of the accounts. The banks

 used to be backed by gold because there was so much at the time. The banks had all

 the gold in England at one point. Lifting the gold bar was pretty cool, didn’t realize it

 would weigh 28 pounds. 

Head of Economic Crime

           Charles Cowan from Drinker, Biddle and Reath and The head of Economic

 Crime told me a lot about the fraud they face and how much of that goes on in

 companies. Only 20 to 25% get caught, hard to believe of them are executives in the

 company  Interesting that England’s law when it comes to fraud is only a short

 served time compared to America. Shocking to hear they let some of the criminals

 go out during the day and come back at night, never heard such a thing.  He brought

 up a topic that intrigued me. Should the government be more involved in the

 Internet? I thought they were already on most things.  I think in some ways we

 should let the government in more for fraud purposes but then again sometimes I

 think the government would get to much involved and push for more power on the

 internet.