she causes herself and Jason unnecessary anguish but she wins that battle of pain because she gains her revenge and saves her children from future misery. In class‚ we discussed whether Medea was right in killing her children. I believed that Medea’s actions were horrifying and inhumane but as the discussion escalated‚ I began to understand Medea’s motherly instincts towards her children. As a mother‚ Medea suffered an ultimatum; she could leave her children behind and subject them to abuse from the
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Accounting Fraud at WorldCom LDDS began operations in 1984 offering services to local retail and commercial customers in the southern states. It was initially a loss making enterprise‚ and thus hired Bernie J. (Bernie) Ebbers to run things. It took him less than a year to make the company profitable. By the end of 1993‚ LDDS was the fourth largest long distance carrier in the United States. After a shareholder vote in May 1995‚ the company officially came to be known as WorldCom. WorldCom culture was
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Accounting Fraud at WorldCom Vanessa Gail Woods Strayer University Connor-Green/ACC 576 March 21‚ 2010 Accounting Fraud at WorldCom The break up of AT&T opened the long distance service market to small companies during the mid- to late-1980s and 1990s. Long Distance Discount Service (LDDS) opened in 1983 with moderate growth until its stock went public in 1989. CEO Bernie Ebbers decided to grow the organization through acquisitions (70 companies over the course of its lifetime)
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Case study on WorldCom THE WORLDCOM FRAUD:- Presented By: Pratik WorldCom’s Background • Awoke the sleeping giant by leading the telecom industry into profitability in the 90’s. • During the 1990’s‚ WorldCom was deeply involved in acquisitions and completed several “mega-deals” • Purchased over 60 firms in 2nd half of the 90’s • WorldCom moved into Internet and data traffic • Handled 50% of US Internet traffic • Handled 50% of e-mails worldwide WorldCom’s Background (cont.) • Purchased MCI for
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Auditing Case 6.3 Question 1 Recent Developments in WorldCom Case * March 26‚ 2010: Third Distribution of Settlement Fund Made in Accordance with Court Order of September 18‚ 2009. * September 18‚ 2009: Judge Cote Grants Approval of the Final Distribution Plan * February 15‚ 2008: Second Distribution of Settlement Fund Made in Accordance with Court Order of January 23‚ 2008. * January 23‚ 2008: Judge Cote Grants Approval of Second Distribution of Net Settlement Fund. Question
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Why do Managers Plan 1 Why do Managers Plan? Management 301 Distance Learning December
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CM J41 Strategy Execution [pic] 1.0 Resume: The case is about the turnaround of Nissan in the year 1999 to 2002. Nissan experienced great finances looses for the past seven out of eight years which resulted in a 22 billion $ debt and an outdated product portfolio with little liquid capital for new product development. In just 12 months the new COO‚ Carlos Ghosn (CG)‚ succeeded in turning Nissan into profitability with a new and more performance oriented corporate culture
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Introduction WorldCom was America ’s second largest telecom company in 2000 (The WorldCom Accounting Scandal‚ 2002). Making a modest beginning in the hinterland of Mississippi in 1983 with a meager capital of less than 100‚000 USD it reached the pinnacle of corporate success reporting more than USD 39 billion in revenue and USD 150 million in MCAP (The WorldCom Accounting Scandal‚ 2002). In the process it became 42nd in the Fortune 500 list. Under the leadership of CEO Bernie Ebbers it grew rapidly
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The Loyalists were the people who didn’t want to be divided from the Britain. The Loyalists were loyal to the Britain although they weren’t being treated as a human‚ by the Patriots. If you were a Loyalist you would be hanged or immediately sent to jail. And families that were patriots and loyalist would be separated. The patriots stayed in the thirteen colonies and the loyalists came to what is known as Canada now. Loyalists ancestors descend from places like England‚ Scotland‚ and Ireland. The
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Action Plan: How to become a Master Manager? 1. Describe the learning goals you defined for the Management Skills course and explain the reasoning of each goal. I want to be more persuasive powerful communicator and defend my point of view in a clear understandable way. To my mind communication is one of the main parts of people’s everyday life. It is even more important to know how to talk to different people if you work in the team or lead the organization. As for me powerful communicator
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