Private Finance Initiative and UKs Construction Industry Essay

Private Finance Initiative and UKs Construction Industry - Essay Example Private Finance Initiative (PFI) is a device employed by United Kingdom’s government to arguably to make the construction industry more competitive and more profitable. This does not come as a surprise since the UK construction industry provides a tenth of the UK's gross domestic product, employs 1.4 million people and is worth around  £65 billion per annum. With an output of  £81.9bn in 2006, the UK construction industry is ranked in the global top ten. Thus, it is only then logical to support the industry. PFI is a way of funding major new public building projects such as hospitals, schools, prisons and roads. Private consortiums, usually involving large construction firms, are contracted to both design and build a new project, and also to manage it. The contracts typically last for 30 years. The building is not publicly owned but leased by a public authority, such as a council or health trust, from the private consortium. The private consortium raises the cash to build the project. It is then paid back with interest by the government through regular payments over the period of the contract. PFI projects could be viewed as a means of enabling government services to be "outsourced" to private sector suppliers. PFI is not the same as privatization as the Government retains ultimate responsibility to the public for the service concerned. Outside the UK, PFI is more commonly known as Public Private Partnerships (PPP). The policy has not been without its critics. As with any form of hire purchase, buying something on tick is more expensive than paying for it up front. The Edinburgh Royal Infirmary is often cited as an example of how expensive the PFI can be. It cost  £180m to build and will cost  £900m to pay for. ... Use of PFI in the Construction Industry Since the advent of PFI, the construction industry has found itself on much more stable ground. Between 2001 and 2002, its output is estimated to have increased by 9.7%. According to the Major Contractors Group (MCG), a major construction trade association which represents UK firms such as Carillion (formerly part of Tarmac), Costain and Amec, construction companies engaged in the private finance initiative expect to make between three and ten times as much money as they do on traditional contracts. (Research and Markets Online, 2003) Bill Tallis, the director of MCG, said construction firms traditionally received rates of return of 1.5% to 2% on contracts but were now expecting margins of 7.5% to 15% on PFI building schemes. The high profit available to investors in PFI schemes explains why John Laing PLC has sold off its basic construction company and bought up stakes held in such projects by hard-pressed Amey PLC. (Macalister, 2003) This strategy is reinforced by figures from the European Construction Industry Federation (ECIF), which show that the UK construction sector grew by over 8% last year while its counterpart in Germany and France slumped by 2.5% and 0.7% respectively. (UK DTI Online, 2007) The UK government defends PFI by its use of something called the 'public sector comparator'. This shows whether or not privately financed schemes offer better value for money than conventional funding. The main problem with this is that the government has provided an accounting device called 'risk costing' which has meant that private firms generally emerge as winners. When a consortium of private companies agrees to build something for a public

Financial Econometrics Essay Example | Topics and Well Written Essays - 1500 words

Financial Econometrics - Essay Example ables fall into 3 general classes, namely: location statistics (eg, mean, median, mode, quantiles), dispersion statistics (eg, variance, standard deviation, range, interquartile range), and shape statistics (eg, skewness, kurtosis)†.The descriptive statistics gives the overall description of the data by providing the measures of central tendency, and the measures of dispersion. statistics. According to Petty( 2015) â€Å"A logarithmic price scale is plotted so that the prices in the scale are not positioned equidistantly; instead, the scale is plotted in such a way that two equal percent changes are plotted as the same vertical distance on the scale. The log returns basically is auto – correlated while the case is different with log prices. The log return are usually preferred in quantitative analysis as it gives a better insights in to aspects like normalization and classical statistics. Here the data stream for the 20-year period of January 1995 to December 2014 is used to calculate the log price and log return. Also a graph representation for the log price and the log returns is formulated in order to deliver a quantitative analysis of the specific data of the company. Here, histogram is used to represent the graph of the statistical data in a visual form The above analysis explains the descriptive statistics of the log prices and the log return of the data. From the log return, we can observe that the mean value of log return is 5.740008, with a standard deviation of 8.558659. The mean of log prices is 334.934 with the standard deviation of 0.024659. The skewnes of the variable log return is equal to 0.2427 which is a negative value implying that the value of the log return is negatively skewed. The value of kurtosis of the log return is equal to -1.02302 which is a negative value. This implies that the data of log return has a low distributed or low peaked about the mean. The skewnes of the variable log price is equal to -0.785038 which is a negative value

Howard Schultz Essay Example for Free

Howard Schultz Essay Organization culture has been defined and studied in many and varied ways. Culture is defined as the set of key values, beliefs, understandings, and norms shared by members of an organization (Daft, 2012). The culture of an organization is going to play a big role in the success of the company. No matter how big or how small the company is, maintaining a culture that all employees can live by. Having all employees on board with the company’s mission will pay off a great deal in the long run. Starbucks is one of the premier coffee shops in the United States and their mission tell consumers what they do to maintain a huge customer base, to inspire and nurture the human spirit – one person, one cup and one neighborhood at a time (www. starbucks. com). This paper will help consumers understand Starbucks’ organizational culture and the key leadership and management traits used to execute the business strategy. When people think coffee, they think Starbucks. Starbucks has become a hot commodity when it comes to consumers and their coffee. When people go to a Starbucks, they already know what they are getting, specialty coffee, great customer service and a nice cozy place to relax and just kick back. From the CEO on down to the baristas, Starbucks has developed a culture that sets them apart from other coffee shops around the world. Their success can be credited to the customer service. Anyone in a business knows that customer service is very important and can determine the success of a company. Starbucks thrives on ensuring that the baristas develop positive relationships with all customers. By doing this, customers will start to become loyal to the company. Loyal customers will keep Starbucks competitive in a market that a lot of people seem to be fond of because when people get up in the morning, nothing may be more refreshing then a cup of coffee. The Starbucks organization wants all its customers to feel like they are part of something special when they purchase a cup of Starbucks coffee. To help strengthen the culture, Starbucks focuses on being active in communities, in addition to their environmental responsibility, business ethics, open door policy, and their concern for the employees, customers, and stockholders, all these things make a strong positive organizational culture (Campbell, 2009). Within the organization, from the Starbucks executives down to the baristas, when it comes to maintaining the positive organizational culture that has been laid out for all employees, Starbucks separates themselves from many other coffee shops. The Starbucks management team has not based their success off of several things. Within the company the stores offer things that not many restaurants offer, such as Wi-Fi, exotic styles of coffee and a comfortable place to relax and enjoy a hot or cold coffee beverage. These things differ from other coffee spots in the world, so it makes Starbucks very unique. The innovative coffee styles that Starbucks uses attract the traditional coffee fanatic, as well as a new customer base. The styles of coffee will maintain customer loyalty and loyalty is one of Starbucks main focuses. The dedicated customers consist of business professionals and students. These are the individuals that Starbucks employees will see the most. The environment is made for them as well. For example, business men and women may go to Starbucks for lunch. It is comforting, quiet, and the store gives off a positive vibe. For students, it gives them a chance to indulge in a good beverage as well as take time out of their day to kick back and read a book or even catch up on a few homework assignments, whatever the case may be Starbucks offers an environment that others do not. To some consumers, having the coffee may just be a bonus; they really enjoy the environment Starbucks offers. According to brand expert Priya Raghubir, â€Å"Starbucks stands for coffee; it’s converted that into an experience, â€Å"People really have gotten to know Starbucks as the quintessential coffee shop, where they can sit and be welcome over a cup of coffee† (Shayon, 2013). As discussed previously, customer satisfaction is very important to the brand and company. Making customers feel at home by making Starbucks a cozy environment and providing free Wi-Fi keeps customers happy and keeps customers coming back. The management team coming up with these concepts really puts what they are trying to do as a company in prospective and also gives consumers an idea of what their company culture is. Throughout the company there are different management positions. It is the job of this team to attain organizational goals in an effective and efficient manner through planning, organizing, leading, and controlling organizational resources (Daft, 2012). Within the Starbucks culture one of the main focuses is the customers. With that being said a good management competency to have is communication. This is a very important skill to have because at Starbucks employees are constantly dealing with customers. Even at the executive level of management, communication is even more important because these are the individuals that are making the decisions that could affect the entire company as a whole. When those decisions are made they need to get communicated down to the baristas and everyone else in between. Communication fits perfectly within this company’s culture. Communicating things from the top to bottom tells all the employees what the main purpose of the company is. Communication helps maintain the culture throughout the whole company as well. For an organization like Starbucks were the focus is to keep customers coming back, the employees must communicate with them at a level that employees from other coffee shops just are not use to. With how Starbucks operates as a whole, they have made themselves the place to buy coffee, which they are not really known for. They are recognized for their great communication with the customers, with other employees, and the management team, and the goal is maintain this level of professionalism so the new and existing customers re-enter a Starbucks and always get the same exact experience no matter the location. â€Å"We’re not in the coffee business. It’s what we sell as a product but we’re in the people business hiring hundreds of employees a week, serving sixty million customers a week, it’s all human connection† (Gallo, 2012). Chief Executive Officer Howard Schultz is the man behind how this culture was developed; he is the one that drives the bus today. Back in the 1980’s Schultz had a vision to enhance the way people drink their coffee and he did just that. Starbucks coffee speaks for itself; it is the culture Schultz put in place that makes Starbucks unique and a nice environment to be in. Starbucks opened its first store March 30, 1971 with more than 17, 000 locations around the world (Gallo, 2012). Without Schultz, this company would not be what it is today. Since the early 70s the company has managed to emerge as a premier coffee in the world, and in the 80s with Schultz at the helm. In 2000, with Schultz not in the mix, things did not go as well as expected when he resigned. Eight years after his resignation; he was appointed as CEO again to help the company from the downward spiral they were on. Schultz stressed that is was going to take a lot to get Starbucks back to where they needed to be. It is clear that Schultz made a big impact on Starbucks when he was CEO, and when he was not CEO, the company took a bit of a plunge. Without Schultz, over time it seems like Starbucks may have not lasted. Answering the question, would Starbucks achieve long-term sustainability as a global leader in the coffee industry without Howard Shultz, the answer would have to be no. Just in a short period of time, the company managed to get away from the culture Shultz brought to the company. As an organization, it is their job to live up to the culture that was put in front of them. There have been many times in business where new leaders are appointed and they just do not live up to the expectations. This is a problem that can be fixed if communication is sustained as well. All companies develop or have a culture set in place already. Management plays a key role in developing and ensures that the culture is maintained. Starbucks is an organization that thrives off their culture and this is the reason why they are successful in the business world. They have set themselves apart from other coffee shops by focusing on things other than just the coffee, like the customers, the environment, and for business professionals and students, the Wi-Fi. The organizational culture at Starbucks may not be the best, but they are making a strong case for the organization. References Campbell, A. (2009, November 09). Organizational culture. EZine Articles, Retrieved from http://ezinearticles. com/? Organizational-Cultureid=3203513 July 23, 2013 Daft. (2012). Management. (10th ed. ). Mason, OH: Cengage Learning. Gallo, C. (2012). Starbucks ceo: Lesson in communication skills. Forbes, Retrieved from http://www. success. com/articles/1272-rekindling-the-heart-soul-of-starbucks? page=2 July 23, 2013 Shayon, S. (2013, March 08). [Web log message]. Retrieved from http://www. brandchannel. com/home/post/Starbucks-Customer-Loyalty-030813. aspx July 23, 2013 .

Developing Professional Practice And Needed Skills

Developing Professional Practice And Needed Skills In all areas of expertise, technical skills of the profession are important in order to be able to tackle any arising matters in your field. As a student in psychology there is need to learn how to acquire the skills which are crucial for your profession. During placement, a lot is expected of you as you act like any other professional in that field. It is therefore of prime importance to develop the skills necessary for that professional practice. Reflection in practice is one of the skills necessary as a student of psychology. Reflective practice is a model applied in adult learning and educational teaching where there is application of various concepts of reflection to analyze real issues. According to Reid (1993, p.305), reflection involves critical understanding any experience that a professional goes through with an intention of giving a vivid description, an in depth analysis and latter conduct an evaluation. This will provide an avenue to be able to gauge what the learner has acquired as a result of the practice. The aim of reflective practice is to create a problem out of a learning situation. The act of solving the problem will provide the professionals with a good opportunity to research therefore acquire relevant knowledge and growth in their profession. Reflective practice imparts skills to learners not only to become a repetitive doer but also gain cognition of tackling different situations during practice. Donald Schon, a philosopher is credited to have described the process of reflective practice in his book in 1983. This essay gives a description of my plan to develop professional practice during my first placement experience. Importance of reflection Reflection practice that is applied in psychology works within the concepts of reflection. It accounts for a conceptional structure around which psychology as a discipline that involves patient management works. Reflection is important in identifying the positivity or negativity that is associated with any practice in any discipline. It helps a student to learn from experience in his or her field of expertise. Once they are exposed to a certain experience during their period of practice, reflective practice provides a chance for the student to think back and relate the experience to the theoretical knowledge learnt in c lass. Various models are used which provide the framework for reflective practice. Among the most common are; Gibbs Model of Reflection which was formulated in 1988, Atkin and Murphys Model of Reflection of 1994, Kolbs Learning cycle and finally the Johns Model of Reflection of 1994. Which the model you decide to apply or to follow its principles the end result should be acquisition of reflective practice skills. Reflective practice is an important tool in solving day to day problems. Its application in difficult situation and in ideas that are undeveloped to provide a concrete solution provides an opportunity for further analysis and dispensation of knowledge and skills. It further synthesizes emotions and provides time for sober thinking and development of solutions to difficult situations. However, to be able to develop these skills it is of importance to have a good atmosphere that is conducive to reflection. It is important to have an understanding supervisor who is able to take you t hrough the process. Flexibilities in time are crucial and an environment that provides support in case any is needed. Finally, your learning institution should have a well structured curriculum which is able to encompass the above factors. Key learning goals during student placement experience Mostly, as an undergraduate student there is more to learn since there is many changes that one undergoes during that transition. Most of us are not much conversant with wide reading and research activities. They do not embrace the team spirit that is essential in their acquisition of knowledge. Additionally, various approaches used like problem based learning is a nightmare to most of them. However, most centers of learning have well experienced lecturers and professors who supervise the students. In psychological studies they promote development of research and the application of knowledge leant in psychology in real life situations (Boyd Fales, 1983, p.102) . Hence, being provided with placement experience will help me acquire a lot in the practice of psychology. First and foremost, I intend to acquire a lot in patient care and the quality expected. To become effective you need to be able to provide care of high quality to improve their satisfaction. Various approaches to care like counseling will be acquired and practically performed. As a result, I will be able to apply theoretical knowledge learnt in class to real life cases in the health center. Having done so, I will have accomplished my goal of ensuring that the gap which usually exists between theoretical knowledge and practical skills is minimized if not closed. My third goal would be to enhance my personal as well as professional growth. Having been in practice, I will develop a liking for one specialization in psychology which I can further pursue later on in life. I am of the opinion that the time allocated will be more than enough to meet my strategic goals in the placement experience. Reflective techniques used during the placement Reflection is a brainstorming process that involves processing ideas in the mind to come up with a solution to a situation at hand. With the right atmosphere for reflection and tasks that encourage reflection, clear solutions emanate from the thinking process. Reflection is encouraged by facing challenges during practice and often asking question with no clear answer. As a result the brain is triggered to think and this provides an opportunity for old ideas to be incorporated with new situations in practice to have a solution. I intend to apply Kolbs learning cycle during my placement period. This can be represented in a pictorial form as follows; Source: Kolb, D. (1984). Experiential Learning: Experience as the Source of Learning and Development. Prentice Hall: New Jersey, p.21 First and foremost, what I have learnt in class will be put into practice in the active experimentation stage. After putting ideas to practice, I will have gained practical skills necessary in psychology. I will then evaluate the skills leant in a reflective manner. Finally, I will form ideas as a result of the experience gained. Experience to assess my practice It is important to have a form assessment during practice in order to gain full understanding of the skills that have been acquired. One of the assessment methods during my practice will be making entries in a journal (Ibarreta McLeod, 2004, p.136). The records that I will make in the journal will be the significant events that I experience during my time there. My entries will match to the concepts as defined be Kolbs in developing his model of reflective practice. This will provide a framework for which my arguments will come from during reflective thinking. After each day in practice, I will highlight the significant issues that I learnt or the skills that I was able to acquire. Detailing this information will guide me in enhancing my skills in critical thinking. In addition, it will impose an attitude of self directed learning as issues not well understood will be researched at a latter stage. The entries made will also be based by the relevant models hence acknowledging the wor ks of different scholars in the field of psychology. Entries made in the journal will also provide me with an opportunity to record in context any of the important aspects acquired as a result of the placement. The goals for the placement as outlined above will be comprehensively covered in the entries made in the journal. Patton et al. (1997, p.238), further notes that making entries in a journal provide a connection between what is learned theoretically in classroom and practical experiences that are gained during practice. Having gained this, it will be quite easy for evaluation of the notes and provide an avenue for reflection. Apart from journal entries, I intend to carry out an action research on one aspects of psychology that will seem to be having challenges. The aim of this research will be to modify the identified practice in order to enhance practice in my institution of placement. It will be important both to increase my professional skills and also leave an impact at the institution. Importance of supervision in the reflection process The students need supervision during their placement in order to acquire all the necessary skills and in a smoother manner. A good atmosphere is necessary during supervision to minimize serious distractions due to the clients. John (2007, p.3), notes that effective supervision is necessary as it offers practical support, enhances the morale of learning process and also offers challenges to the students to be able to learn. Supervision is important in practice of psychology as it gives inputs in the following three areas; to begin with it provides technical support in practice to the students. As a result the student is encouraged to seek more knowledge on an issue and the end result is attainment of practical and reflective skills. Secondly, the student is able to apply the learnt theory into professional practice. This is also part of the educational or teaching process. Finally, supervision gives a chance to the student to be able to evaluate their practical skills to those required to attain professional standards. In addition, a student is in a position to assess whether their goals of the placement have been achieved. Formal supervision sessions should take place daily and the student should be well prepared with any question, observation or addition that he/she intends to share with the supervisor. At times, the supervisor probes the students understanding through question asking or through interrogative discussion. After the session with the supervisor the student should be able to have a critical review of issues discussed with a view of updating him/herself and so as to remember the issues discussed. After reviewing, short notes are encouraged on the discussion held. The student should then proceed to the next issue of learning as per their formulated action plans. Supervision of students also serves to enhance a learning relationship between the students and the supervisors. It provides a chance for career counseling and mentorship and thus a student gets fulfillment and enjoys whatever they are doing. Supervision sessions also serves to check how the students are carrying on academically and disciplinary. It is through these sessions that abscond of learning process is noted and thus administrative actions can as well be taken against any such student. Challenges during placement and intended solutions During the teaching practice, one of the main challenges one may face is uncooperative supervisor. Some supervisors may be authoritative and give threatening warning of dire consequences to students during practice (Knowles, 1975, p.20). By so doing, an atmosphere of fear and mistrust is cultivated and this is retrogressive to acquisition of knowledge. A supervisor should be willing to negotiate and work towards creating good learning relationship with the students. When faced with such a supervisor care should be taken and avoid crossing their paths or being in the wrong places. Also, I would use professional approach whenever handling such supervisors. The second challenge is finding a non conducive atmosphere at the place of placement. This gives the student a hard time and learning is hindered. As a solution collaborative efforts with my supervisor to talk with the management would at least solve that problem. Lastly, is difficulty in putting theory into practice due to lack of e xperience. This would be easily solved through consulting my supervisor and the specialists that are in charge of me. Conclusion In conclusion, it is important for students to be given a chance during their coursework to have practical skills in their areas of expertise. This do not only give learners a golden opportunity to acquire professional experience essential for the practice, but also expose them to profession challenges that they may form part of solution finding. Moreover, by doing so professionals are produced who are capable of putting theory into practice and developing new ideas through their reflective practice.

Abortion from an Ethical Point of View Essay -- Papers Birth Pregnancy

Abortion from an Ethical Point of View It is widely accepted that the fact of abortion has been a subject of conversation and controversy for many decades. Since the proportion of people who accept abortion as a ?normal? procedure is equal to the proportion of those who think of abortion as a ?crime?, through time a lot of measurements have been taken against abortion but concerning it?s defense as well. Although the fact of abortion has been examined through it?s scientific and religious side, in this assignment we will try and examine abortion from an ethical point of view. The best way for someone to refer to abortion on an ethical basis would probably be through the description and evaluation of the subject based on two of the most known theoretical approaches: those of Kant?s and of Utilitarianism (Act and Rule). Beginning with the approach of Utilitarianism, we must say that Utilitarianism, is concerned basically with pleasure and with pain. Therefore someone should be concerned with the amounts of pleasure and pain in situations where abortion is permitted as contrasted with the amounts of pleasure and pain where abortion is forbidden. It might be suggested that the main consideration would be the interests of the fetus: not only can its future life be expectedly happy (or at least having a balance of happiness over suffering) it might also be the case that the abortion itself is painful, particularly if it occurs later in the pregnancy. However this focus on the fetus is unwarranted since any suffering involved in the abortion itself can be avoided by simply aborting the pregnancy sooner (before the fetus has even developed the capability of suffering), or with painless techniques. The direct suffering of the fetus c... ...e next nine months and beyond. These factors carry at least some weight. Other potentially overriding factors complicate the rights of the fetus, such as whether the pregnancy resulted from rape, or contraception failure. Whatever the decision of a woman will be, it is a fact that she should be aware of all the elements mentioned above. I personally believe what John Locke implies in his Essay Concerning Human Understanding (1690) that ?it is part of the worship of God, not to kill another man, not to procure abortion, not to expose their children, not" Bibliography BIBLIOGRAPHY: 1. Sterba, J.P.(ed) (1998) ? Ethics: The Big Questions Blackwell 2. Singer P. (ed) (1991) ? Ethics Blackwell REFERENCES: 1. Almond P. (ed) (1995) ? Introducing Applied Ethics Blackwell 2. Smart J.J.C & Williams B. (1973) ? Utilitarianism: For and Against Cambridge

The Memoirs of Abbot Guibert of Nogent Essays -- Abbot Guibert Nogent

The Memoirs of Abbot Guibert of Nogent When thinking about a medieval monastery the first thing that comes to mind is the origin of the word monastery which comes from the Greek monos, meaning alone. Monasticism in itself is a way of life that is devoted to God in seclusion. A large part of monasticism is isolation, not only from the neighbors but from family. When taking the vows to be a monk one not only completely devotes ones life to God but all friends, family and earthly possessions are left behind. Taking the vows of monasticism takes brutal dedication and severe strength. What pushed Guibert of Nogent into monasticism is that his mother withdrew from the world after his father’s death. During that time he was left alone and became very rebellious. He also was drawn to the medieval reform of monasticism which gave it a more community aspect. Thirdly, literature and history became a large part of the monastery during the middle ages and Guibert wanted to be a successful writer and historian. When Guibert join ed the monastery he joined a strict religious order that had come along way form the time of hermits and the reforms where relevant to him, for the most part. Guibert of Nogent became a monk because he was suited for monastic existence and to give himself the restraints and success he wanted from life. He was at a young age and was left without guidance and became boisterous. On his adolescence, he says, â€Å"I emulated older boys in their juvenile rowdiness, and I was completely bereft of responsibility and discretion.† When he was left on his own Guibert became very unsettled and this lead to issues with himself and other around him. He wanted the structure and dedication that life in a monastery provides. His mother wanted him to go beyond the church and was very against him going into the monastery. Taking that into consideration it gives Guibert a very difficult choice but he chose the one he wanted due to the guidance of the abbot. In addition, he states how upset his mother was with him becoming a monk: â€Å"†¦Invested me with it while my mother watched in tears from afar†¦Ã¢â‚¬  This shows how he is willing to disappoint his mother to please himself and that proves his dedication. When thinking about the sacrifices Guibert gave up in order to live the m onastic life. It’s what he truly wanted to be, a person cannot just join a monastery you have to... ... monk and that’s because of his dedication, community and his educational values. He felt that the times when monks liked in isolation where over and he was able to match to this because of his relationship with his mother. He knew she was his guidance and he needed that assistance and comfort she provided for him. He enjoyed the community aspect by showing his authority by being an active member of society. That was fueled by his need to be a critic on ever aspect of his abbacy and religious order. He was also very dedicated to reading and writing which gave him a niche within the education aspect of the medieval monastery. Guibert of Nogent became a monk because he was suited for monastic existence and to give himself the restraints and success he wanted from life. Works Cited Guibert of Nogent. Self and Society In Medieval France: The Memoirs of Abbot Guibert   Ã‚  Ã‚  Ã‚  Ã‚  of Nogent. Edited and Translated By John F. Benton. Toronto: University of   Ã‚  Ã‚  Ã‚  Ã‚  Toronto Press, 1984. Benton, John F. ed â€Å"Introduction† Self and Society In Medieval France: The Memoirs of   Ã‚  Ã‚  Ã‚  Ã‚  Abbot Guibert of Nogent. Edited and Translated By John F. Benton. Toronto:   Ã‚  Ã‚  Ã‚  Ã‚  University of Toronto Press, 1984.

Deception Point Page 94

Crouched beside the powerboat untying the moorings, Corky glanced up just as the machine guns beneath the chopper erupted in a blaze of thunder. Corky lurched as if hit. Wildly, he scrambled over the gunwale and dove into the boat, sprawled himself on the floor for cover. The guns stopped. Tolland could see Corky crawling deeper into the powerboat. The lower part of his right leg was covered with blood. Crouched below the dash, Corky reached up and fumbled across the controls until his fingers found the key. The boat's 250 hp Mercury engine roared to life. An instant later, a red laser beam appeared, emanating from the nose of the hovering chopper, targeting the powerboat with a missile. Tolland reacted on instinct, aiming the only weapon he had. The flare gun in his hand hissed when he pulled the trigger, and a blinding streak tore away on a horizontal trajectory beneath the ship, heading directly toward the chopper. Even so, Tolland sensed he had acted too late. As the streaking flare bore down on the helicopter's windshield, the rocket launcher beneath the chopper emitted its own flash of light. At the same exact instant that the missile launched, the aircraft veered sharply and pulled up out of sight to avoid the incoming flare. â€Å"Look out!† Tolland yelled, yanking Rachel down onto the catwalk. The missile sailed off course, just missing Corky, coming the length of the Goya and slamming into the base of the strut thirty feet beneath Rachel and Tolland. The sound was apocalyptic. Water and flames erupted beneath them. Bits of twisted metal flew in the air and scattered the catwalk beneath them. Metal on metal ground together as the ship shifted, finding a new balance, slightly askew. As the smoke cleared, Tolland could see that one of the Goya's four main struts had been severely damaged. Powerful currents tore past the pontoon, threatening to break it off. The spiral stairway descending to the lower deck looked to be hanging by a thread. â€Å"Come on!† Tolland yelled, urging Rachel toward it. We've got to get down! But they were too late. With a surrendering crack, the stairs peeled away from the damaged strut and crashed into the sea. Over the ship, Delta-One grappled with the controls of the Kiowa helicopter and got it back under control. Momentarily blinded by the incoming flare, he had reflexively pulled up, causing the Hellfire missile to miss its mark. Cursing, he hovered now over the bow of the ship and prepared to drop back down and finish the job. Eliminate all passengers. The controller's demands had been clear. â€Å"Shit! Look!† Delta-Two yelled from the rear seat, pointing out the window. â€Å"Speedboat!† Delta-One spun and saw a bullet-riddled Crestliner speedboat skimming away from the Goya into the darkness. He had a decision to make. 114 Corky's bloody hands gripped the wheel of the Crestliner Phantom 2100 as it pounded out across the sea. He rammed the throttle all the way forward, trying to eke out maximum speed. It was not until this moment that he felt the searing pain. He looked down and saw his right leg spurting blood. He instantly felt dizzy. Propping himself against the wheel, he turned and looked back at the Goya, willing the helicopter to follow him. With Tolland and Rachel trapped up on the catwalk, Corky had not been able to reach them. He'd been forced to make a snap decision. Divide and conquer. Corky knew if he could lure the chopper far enough away from the Goya, maybe Tolland and Rachel could radio for help. Unfortunately, as he looked over his shoulder at the illuminated ship, Corky could see the chopper still hovering there, as if undecided. Come on, you bastards! Follow me! But the helicopter did not follow. Instead it banked over the stern of the Goya, aligned itself, and dropped down, landing on the deck. No! Corky watched in horror, now realizing he'd left Tolland and Rachel behind to be killed. Knowing it was now up to him to radio for help, Corky groped the dashboard and found the radio. He flicked the power switch. Nothing happened. No lights. No static. He turned the volume knob all the way up. Nothing. Come on! Letting go of the wheel, he knelt down for a look. His leg screamed in pain as he bent down. His eyes focused on the radio. He could not believe what he was looking at. The dashboard had been strafed by bullets, and the radio dial was shattered. Loose wires hung out the front. He stared, incredulous. Of all the goddamned luck†¦ Weak-kneed, Corky stood back up, wondering how things could get any worse. As he looked back at the Goya, he got his answer. Two armed soldiers jumped out of the chopper onto the deck. Then the chopper lifted off again, turning in Corky's direction and coming after him at full speed. Corky slumped. Divide and conquer. Apparently he was not the only one with that bright idea tonight. As Delta-Three made his way across the deck and approached the grated ramp leading belowdecks, he heard a woman shouting somewhere beneath him. He turned and motioned to Delta-Two that he was going belowdecks to check it out. His partner nodded, remaining behind to cover the upper level. The two men could stay in contact via CrypTalk; the Kiowa's jamming system ingeniously left an obscure bandwidth open for their own communications. Clutching his snub-nose machine gun, Delta-Three moved quietly toward the ramp that led belowdecks. With the vigilance of a trained killer, he began inching downward, gun leveled. The incline provided limited visibility, and Delta-Three crouched low for a better view. He could hear the shouting more clearly now. He kept descending. Halfway down the stairs he could now make out the twisted maze of walkways attached to the underside of the Goya. The shouting grew louder. Then he saw her. Midway across the traversing catwalk, Rachel Sexton was peering over a railing and calling desperately toward the water for Michael Tolland. Did Tolland fall in? Perhaps in the blast? If so, Delta-Three's job would be even easier than expected. He only needed to descend another couple of feet to have an open shot. Shooting fish in a barrel. His only vague concern was Rachel standing near an open equipment locker, which meant she might have a weapon-a speargun or a shark rifle-although neither would be any match for his machine gun. Confident he was in control of the situation, Delta-Three leveled his weapon and took another step down. Rachel Sexton was almost in perfect view now. He raised the gun. One more step. The flurry of movement came from beneath him, under the stairs. Delta-Three was more confused than frightened as he looked down and saw Michael Tolland thrusting an aluminum pole out toward his feet. Although Delta-Three had been tricked, he almost laughed at this lame attempt to trip him up. Then he felt the tip of the stick connect with his heel. A blast of white-hot pain shot through his body as his right foot exploded out from under him from a blistering impact. His balance gone, Delta-Three flailed, tumbling down the stairs. His machine gun clattered down the ramp and went overboard as he collapsed on the catwalk. In anguish, he curled up to grip his right foot, but it was no longer there. Tolland was standing over his attacker immediately with his hands still clenching the smoking bang-stick-a five-foot Powerhead Shark-Control Device. The aluminum pole had been tipped with a pressure-sensitive, twelve-gauge shotgun shell and was intended for self-defense in the event of shark attack. Tolland had reloaded the bang-stick with another shell, and now held the jagged, smoldering point to his attacker's Adam's apple. The man lay on his back as if paralyzed, staring up at Tolland with an expression of astonished rage and agony. Rachel came running up the catwalk. The plan was for her to take the man's machine gun, but unfortunately the weapon had gone over the edge of the catwalk into the ocean.