AVOIDING INVESTMENTS IN FRAUDULENT COMPANIES: THE WORLDCOM FRAUD Introduction The purpose of this report is to investigate and discuss the accounting fraud that occurred at WorldCom in order to recommend improved strategies to Berkshire Hathaway’s management for avoiding investments in companies with fraudulent financials. Accounting fraud is a crime committed by high level employees at an organization to manipulate the organization’s financial statements and intentionally disguise company
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An analysis on how Mise-en-scene and sound create meaning and generate response in the film Marnie‚ by Alfred Hitchcock. The scene is of Mark trying to rekindle Marnie’s memories from the night of her mother’s ‘accident’: Marnie‚ having seeing Mark trying to hold back her mother’s punches‚ begins to remember parts from that night. The first shot‚ of Marnie‚ her mother and Mark‚ uses Mise-en-scene to show the higher achy within the three characters. Whereas towards the beginning Hitchcock had always
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Beginning of a Whistleblower Bernie Ebbers‚ Scott Sullivan‚ and other members of top management intentionally led Mississippi’s pride and joy‚ WorldCom‚ on a 5-quarter charade filled with smoke‚ mirrors‚ and much intimidation. They did it hotly pursuing success‚ monetary gain‚ and the praise of their fellow statesmen. They did it by abusing work relationships and intimidating employees with promises and threats. Ultimately‚ they ended up “losing their footing” which caused them and‚ in turn‚ others
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11/28/10 Business 210 Investment Fraud Charles Ponzi will forever infamously known as the con man of the 1920’s. Ponzi dealt with numerous amounts of investors who all trusted him to make them a profit on their investments. Unfortunately‚ Charles Ponzi was a crook from the start. He bought a total of $30 dollars in IPRC’s and stole about $30 million of his investor’s money. His brilliant idea that landed him in jail was to not buy IRPC’s at all‚ but to give people
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Devin Maiello Professor Govantes IDS 252 2/26/13 Readings in the Philosophy of Technology Ch. 12-16 The main point that stood out to me in Jonas’ “Technology and Responsibility” is that Earth’s resources are limited‚ and for once we are starting to realize this. He says that there is a‚ “critical vulnerability of nature to man’s technological intervention—unsuspected before it began to show itself in damage already done” (177). This knowledge has forever changed the rules of ethics.
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Hitchcock and Dualism in Psycho The characters in Alfred Hitchcock’s Psycho (1960) each have a dual nature that is masterfully portrayed through character development and use of mirrors throughout the film. The very first shot in Psycho is zooming in from an open view of the city where it is a bright and sunny day. As the shot zooms in further and further it comes into a dark and shaded room that shows Marion Crane (Janet Leigh) and Sam Loomis (John Gavin) having an affair in a undisclosed hotel
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The Position of Poverty In the world we live in today there are only two kinds of poverty as identified by John Kenneth Galbrith in “The Position of Poverty.” Galbrith made a distinction and labeled the distinction as “case poverty” and “insular poverty.” According to Galbrith case poverty is defined as‚ restricted to an individual and his or her family and often seems to be the caused by alcoholism‚ ignorance‚ mental deficiency‚ discrimination‚ or specific disabilities. Insular poverty
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Alfred Hitchcock’s masterpiece ‘Psycho’ is a work of classic cinema but still impresses and enthralls modern audiences in suspense‚ unlike other older thrillers. Alfred achieved popularity in the film‚ even after 50 years because of the distinctiveness and greatness of the film. Psycho is a perfectly balanced psychological thriller due to its equal parts of horror‚ thrills‚ suspense‚ blood and plot twists. The thriller doesn’t include cheap thrills‚ instead relies exclusively on story‚ script‚ direction
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Joe Lorkovic Bus 100 The Great Ponzi‚ Bernie Madoff. Bernie Madoff is known as The Great Ponzi. Bernie Madoff is a former American businessman‚ stockbroker‚ investment advisor‚ and financier. On December 11‚ 2008 he was arrested and charged with securities fraud. One of the reasons why Madoff’s scheme did so well is the fact you had to be invited to invest with him. It gave it that exclusivity that makes people want to get in on it. Basically he was paying new
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Alfred Hitchcock’s Psycho In this literary research project‚ I will delve into this movie to show that Alfred Hitchcock drew many of the elements in this work from birds. (Hitchcock‚ Alfred Joseph. Psycho. 1960.) I picked this topic because I watched Alfred Hitchcock’s movies The Birds and Psycho when I was in high school and I was fascinated by the ideas that he presented in those films. I was fascinated at how he used birds as antagonists in The Birds. I watched Psycho after watching the
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