Sen. Dick Gordon: "PNoy‚ Abad Could Have Been Indicted for Bigger Charges" One amongst the country’s most significant lawmaker‚ Senator Richard "Dick" Gordon disclosed the truth throughout an interview with certain media outlets that former Pres. Noynoy Aquino (PNoy)‚ former Budget Secretary Butch Abad might have been indicted for bigger charges specifically malversation and also graft and corruption. Based on Sen. Gordon while cooperating with the judgment of the office of the Ombudsman to indict
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The film titled‚ Enron‚ the Smartest Guys in the Room‚ is a phenomenal examination of an organization that in all likelihood started out to perform ethically but‚ after a modification in design and moral decision-making‚ it evolved into an organization based upon greed and performance no matter what cost. Ironically‚ the motto of this company was‚ “ask why” however this is perhaps the sole question that many employees are now asking themselves and should have routinely asked in the years
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How did the corporate culture of Enron contribute to its Bankruptcy? Once a sound company listed in fortune 500‚ Enron‚ lead to downfall because of deceptive accounting system incorporated within the organization. Enron’s dubicious finance finally collapsed in Dec 2‚ 2001 as it filed Bankruptcy in New York Bankruptcy court. The corporate culture of Enron focused on financial performance neglecting the stakeholder’s value .The relentless emphasis on the importance of the shareholder’s value created
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Could World War II have been avoided or taken by Japanese‚ ? There are many information about reasons why WWII started‚ and looking at those reasons in my opinion‚ they could avoid this war‚ but not for a long time. There would be World War II sooner or later because there were many failures in WWI such as‚ Treaty of Versailles‚ the League of Nations‚ and the Munich Agreement. Also‚ Since Adolph Hitler was alive and a leader of Germany‚ so he would start the war anyways. Hitler became the voice
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Kenneth Lay founded Enron in 1985. Two years after its founding‚ the company becomes embroiled in scandal after two traders begin betting on the oil markets‚ resulting in suspiciously consistent profits. Enron’s CEO‚ Louis Borget‚ is also discovered to be diverting company money to offshore accounts. After auditors uncover their schemes‚ Lay encourages them to "keep making us millions". However‚ the traders are fired after it is revealed that they gambled away Enron’s reserves‚ nearly destroying
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Mary was scared. What could have happened to Kirk‚ if Keith was abducted by ISIS? Losing Kirk was not in her itinerary. It was a good thing she had an extra key to Kirk’s suite. Mary opened the door. Kirk was not there and so was his phone. Mary had hope that his phone was still in Kirk’s person and not in the hands of ISIS. After trying three more times‚ Mary stopped calling Kirk. She called John instead. “Mary?” John said. “What’s up? How’s Iran?” “Not so good‚” Mary said. “ISIS is slowly overwhelming
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A. The Implications for corporate governance and financial institutions In Enron’s case‚ we may see that the principle weakness of corporate governance today is the excessive concentration of power in the hands of top management. Enron involve allegations of massive accounting fraud and huge losses in shareholder value. In May 2002‚ the Business Roundtable released its Principles of Corporate Governance. This is a set of principles intended to assist corporate management and boards of directors
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Greenwashing From Wikipedia‚ the free encyclopedia Jump to: navigation‚ search Greenwashing (a portmanteau of "green" and "whitewash") is a term describing the deceptive use of green PR or green marketing in order to promote a misleading perception that a company’s policies or products (such as goods or services) are environmentally friendly. The term green sheen has similarly been used to describe organizations that attempt to show that they are adopting practices beneficial to the environment
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The World War I could be avoided because of: 1. Uncertainty of Great Britain Germany planned on conquering France in a short time period and then eliminate it from the war‚ after which they would carry on to the Eastern front where they would take on Russia (which wouldn’t have made it in time to help France). On the other side‚ in Great Britain the Foreign Minister‚ Sir Edward Grey held a conference meeting in July 1912‚ in which he stated that Britain would start a war only should Belgium
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1. What problems did Enron encountered? Many went sour in the early months of 2001 as Enron’s stock price and debt rating imploded because of loss of investor and creditor trust Methods the company used to disclose (or creatively obscure) it’s complicated financial dealings were erroneous and‚ in the view of some‚ downright deceptive The company’s lack of transparency in reporting its financial affairs‚ followed by financial restatements disclosing billions of dollars of omitted liabilities and
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