suppliers found to be involved in the horsemeat scandal are some big names including Iceland‚ Lidl‚ Dunnes Stores‚ ASDA‚ Aldi etc. Later‚ it was discovered the beef products containing horsemeat were not only being sold in UK and Ireland‚ but all over the Europe and after investigation the suspected beef products are withdrawn from the market. The following will be focusing on recent case study‚ Tesco’s horsemeat scandal. Tesco’s horsemeat scandal chronology After the announcement of the FSAI
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Duke Lacrosse scandal‚ which decimated a top collegiate athletic program and cast a negative shadow over one of the top academic universities. Duke University had one of the top men’s lacrosse programs in the county‚ which had won numerous national championships. Unfortunately‚ the decisions and actions of some of the team members threatened to destroy the reputation of the lacrosse program and the entire university. The media and society have developed a large appetite for scandal that is still
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PRESENTED BY NIKHIL TIWARI SCALE OF THE SCANDAL… “This dwarfs by orders of magnitude any financial scam in the history of markets “ -Andrew LO‚ Professor of Finance‚ MIT WHAT IS LIBOR ? Libor is the benchmark interest rate that affects how consumers and companies borrow money across the world. It the average interest rate calculated through the submission of interest rates by major banks in London. It is controlled by British Bankers ’Association(BBA) WHAT IS AFFECTED
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Causes of Accounting Scandals: The accounting entities and accountants of the world have defined several standards and ethical guidelines that need to be and must be followed by the accountants so that things are not misrepresented and no wrong information is provided to the investors. The accounting information generated by any company is generally used by external entities and stakeholders as well and hence it is crucial to maintain and define some standards and practices that serve the purpose
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The Iran Contra Affair Scandals‚ never really a matter but did this not mean that they were non-existent. Scandals do exist in the United States the biggest scandals are the one where everybody is involved I’m referring to the presidential scandals. Society took notice of how government was keeping information a secret. So U.S citizens dove in deeper to the political region to discover these unknown facts. Presidential scandals became more known after LBJ pentagon papers. Then suddenly Nixon’s
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power. This renowned leadership may be the only association made by certain countries‚ while in the United States many see an other significance: Watergate‚ Whitewater‚ Kennedy’s brutal and mysterious assassination‚ and today‚ Clinton’s "zippergate" scandal. When the President of the United States takes oath‚ he gives up a part of his life. His private life becomes the public’s life‚ and they feel the right to know what happens behind the Oval Office. Now the Presidency must battle against Newspaper
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From Amanda Chua‚ Financial Manager To Sir David Walker‚ Chairman of Barclays Plc. Date 24th February 2013 Subject Implication of The Recent Libor-Fixing Scandal for Barclays Bank 1. Executive Summary * The London Interbank Offered Rate (Libor) is the average interest rate charged to banks for lending funds in the interbank market (Investopedia n.d.). * The UK Treasury reported that Libor is responsible for an estimated $300 trillion worth of financial transaction (BBC 2012). *
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HealthSouth Accounting Scandal HealthSouth is the one of the largest providers of inpatient rehabilitative healthcare services in the U.S. HealthSouth is fully operational in 26 states across the United States and also in Puerto Rico. HealthSouth serves patients in various settings such as; inpatient rehabilitation hospitals‚ long-term acute care hospitals‚ outpatient rehabilitation satellite clinics and home health agencies. HealthSouth’s hospitals are able to provide an advanced care to patients
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What Went Wrong: Case Study of a Selected Corporate Scandal “In Texas‚ Robert Allen Stanford appeared to be yet another flamboyant billionaire. But in the breezy Caribbean money haven of Antigua‚ he was lord of an influential financial fief‚ decorated with a knighthood‚ courted by government officials and basking in the spotlight of sports and charity events on which he generously showered his fortune.” This quote from an article in The New York Times portrays the life of Mr. Stanford‚ owner of
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Nude Photos Scandal Goes Full-On ’NCIS’ As Investigators Fight Burnout‚ Taunting A probe into the military’s nude photos scandal channels the popular ’NCIS’ television drama. However‚ the investigation into tens of thousands of leaked naked images of soldiers is real and nearing a boiling point. http://www.msn.com/en-us/news/us/investigators-in-nude-photo-sharing-scandal-face-a-grueling-task/ar-BBAOt0b?li=BBnb7Kz According to an MSN investigative report on the nude photo-sharing scandal‚ nearly two-dozen
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