Enron‚ the Smartest Guys in the Room. Enron was involved in American’s largest corporate bankruptcy. It is a story about people‚ and in reality it is a tragedy. Enron made their stock sky rocket through unethical means‚ and in reality this company kept losing money. The primary value operating among the traders was greed‚ money‚ and how to make profits under any circumstance. The traders thought that a good trader is a creative trader and the creative trader can find any arbitrage opportunity
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Global Crimes Analysis Krystal Guajardo CJA/394 January 30‚ 2012 Christopher DeRicco Global Crimes Analysis The United States is known around the world for its extremely high crime rates and it’s over populated prison system‚ but crime happens everywhere around the world. Crime unfortunately happens in every country‚ crosses borders and affects national and international justice systems. This paper will discuss some of the major global crimes happening across the world
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Using material from item A and elsewhere assess the view that crime and deviance are the product of the labelling process. Some argue that crime and deviance is caused by labelling‚ as after an offender is labelled by society this often leads to a spiral of repeat offences‚ as he/she is not given a chance by society so therefore leads to a deviant career for them. However this may not be the cause of their further deviance as it could be to strains and poverty‚ this theory has also been criticised
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Crime and delinquency subculture reflects on culture patterns surrounding crime and juvenile delinquency. It is created not only by individuals‚ but as one culture‚ the American culture. Subculture is derivative of‚ but different from some larger referential cultures. This term is used to share systems of norms‚ values‚ individual‚ groups and the cultural system itself. Criminal or delinquent subcultures indicate systems of norms‚ values‚ or interest that support criminal or delinquent behavior
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ENRON Enron shocked the world from being “America’s most innovative company” to America ’s biggest corporate bankruptcy at its time. At its peak‚ Enron was America ’s seventh largest corporation. Enron gave the illusion that it was a steady company with good revenue but that was not the case‚ a large part of Enron’s profits were made of paper. This was made possible by masterfully designed accounting and morally questionable acts by traders and executives. Deep debt and surfacing information about
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market maker in natural gas and other commodities. Enron successfully influenced policymakers to exempt the company from various regulatory rules‚ for example in the field of energy derivatives. This allowed Enron to enter various trading markets with virtually no government oversight. Arguably‚ regulation might have prevented Enron from taking some of the risks and making some of the mistakes which it did. While deregulation may initially have helped Enron‚ by allowing it to create and enter new markets
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“United States vs. Enron” Enron Corporation was one of the largest global energy‚ services and commodities company. Before it was filed bankruptcy under chapter 11‚ it sold natural gas and electricity‚ delivered energy and other commodities such as bandwidth internet connection‚ and provided risk management and financial services to the clients around the world. Enron was established in 1930 as Northern Natural Gas Company and joined with three other companies to undertake this industry. The four
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1. Define the problem(s) Enron failed to record some of its transactions. Arthur Andersen did not allow the LJM financial statement to stay unconsolidated. 2. Analyze the situation - again‚ take a "lessons learned" approach. You might use the following questions as guides: A. What important internal controls were ignored when LJM1 was created? LJM1 ignored some of Enron’s entries in the books that were missing. Outsiders owned less than 3% of the Special Purpose Entities equities. There was
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Topic: Crime scene investigation Specific purpose: To inform my audience about Crime Scene Investigation. Central Idea: Investigating a crime scene can take hours‚ sometimes days. Introduction I. Crime scene investigation is the meeting point of science‚ logic‚ and law II. Processing a crime scene is a long‚ tedious process that involves purposeful documentation of the conditions at the scene. III. There is no typical crime scene. IV. There
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Why is crime and violence high in America? Crime and violence is high in America because there are people in America as it is all over the world that cannot follow rules. There are thieves‚ rapist‚ and murders in every place in America. My expectations were not met. The crime rate is not high in every place in America. I found out that crime is high in communities with high poverty rate more so than any other community. This information causes my perspective to change greatly. I look at crime in a
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