Settled a shareholder class-action suit for $457 million. SEC fined ArthurAndersen $7 million. Fun fact: After the scandal‚ new CEO A. Maurice Meyers set up an anonymous company hotline where employees could report dishonest or improper behavior. Enron Scandal (2001) Company: Houston-based commodities‚ energy and service corporation What happened: Shareholders lost $74 billion‚ thousands of employees and investors lost their retirement accounts‚ and many employees lost their jobs. Main players: CEO
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Natural Bridge Cavern Tour This was my third trip to the Cavern in the last five years‚ but I believe this is the first time that I have taken the time to appreciate the time line that the rock formations truly represent. Our tour guide explained that the caverns were first explored and mapped in the 1960’s and have been under continual exploration and development since that time. According to the website it is the largest commercially operated cave system in Texas‚ though not the largest
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(Saito) was a leader who believed in commanding and making people work indifferently. His rules did not differentiate between the working style and respect given to an officer from a soldier. He was assigned to build a bridge within a deadline and his focus was to complete the bridge with the prisoners of war (British soldiers) who were led by a few officers and a colonel (Nicholson). I am in awe of the never say die leadership style of the British Colonel Nicholson. He was a leader who wanted the
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Being a Bridge Student is something that I have aspired to since I joined the Upward Bound program two years ago. These were the kids that everyone else looked up to for guidance and mentoring. I believe that I would make an admirable Bridge Student because of my long history of mentoring and fidelity to anything I do that makes me who I am as a person. I also am very loyal to the program and have attended every possible campus day since I joined the program in tenth grade‚ along with every summer
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Also known as Grauer’s Gorilla‚ the Eastern Lowland Gorilla is the largest of the four gorilla subspecies‚ and holds the titles of the world’s largest living primate. It is related to the Mountain Gorilla‚ both of which are subspecies of the Eastern Gorilla (Gorilla berengei). A testament to their high level of intelligence‚ wild Eastern Lowland Gorillas have been observed using simple tools to gather food‚ and have been taught to use sign language to create simple sentences in captivity. Despite
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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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The Eastern Gorilla faces many challenges due to the destruction of its habitat and poaching. The Eastern Gorilla is the largest living primate and has now joined three other great ape species as critically endangered on The International Union for the Conservation of Nature (IUCN)’s red list of endangered species. This is extremely worrying to many government and environmental leaders because there are only about five thousand Eastern Gorillas left in the wild. Furthermore‚ of all of the great ape
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The differences and similarities between the Eastern‚ Buddhism and Hinduism‚ and the Western‚ Christanity and Judiasm‚ religious traditions had a cultural impact on the society during 1000 B.CE. to 600 C.E. The Eastern religions each had their own cultural impact on society. Hinduism reinforced the caste system‚ offering hope for an improved lifestyle. Hinduism also started the path of recarnation‚ the other eastern rileigion‚ Buddhism‚ also shared the concept of recarnation with Hinduism
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Eastern State Penitentiary Reflection Paper Eastern State Penitentiary is believed to be one of the very first prisons established‚ not only in the United States‚ but in the world. Eastern State was functional for 141 years until 1970 when the prison closed down. Located in Philadelphia‚ Pennsylvania the prison is now a stabilized ruin open to the public for tours. After personally touring the facility I was able to understand the main purpose of the prison‚ the living conditions and the daily
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QUESTION 1: Eastern Europe is currently in severe financial distress. Discuss why the crisis has affected the Eastern European countries in such a strong way. Reflect on the interdependency between the members of the European Union. How does situation in Eastern Europe affect countries in Western Europe? The economic conditions of the 20 countries comprising of the Central and Eastern Europe region faced exceptional deterioration during the global financial and economic crisis. Reports from 2009
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