The results of coal mining are destroying the environment. Regulators are trying their best to get coal mining companies to put money aside to clean up the devastating mess they have made‚ so that the tax payers do not have an outrageous $1 billion bill to pay. Many companies claim that their cleanup plans are well funded‚ but many believe this to be false because the demand for coal is low and many companies still remain bankrupt. The biggest problem is with the business Alpha Natural Resources
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The film‚ "The Machines that Changed the World"‚ was not only extremely enlightening‚ but also surprisingly intriguing. Although the video provided abundant information‚ I will only touch on the most imperative aspects. World War II was a time of rockets‚ atomic bombs‚ and ENIAC. ENIAC which stands for Electronic Numerical Integrator and Computer was created by John Presper Eckert and John Mauchly in 1946. ENIAC’s initial purpose was to calculate biolistic tables of guns for the war. Unfortunately
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In 1935 the Public Utilities Holding Act was passed which led eventually to the breakup of privately held utility companies. Bear Stearns became an aggressive trader in the expanded market for securities being issued to place the utilities in public hands. In the 1940’s‚ the firm became a large player in mergers and acquisitions‚ particularly in the freight and transportation industries as cars and trucks began to replace railroads as the primary mover of people and freight. A once booming rail industry
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Ruby slippers‚ witches‚ munchkins‚ a talking lion‚ tin man‚ and scarecrow; all things that come to mind to people around the world when they hear the iconic phrase‚ “There’s no place like home.” The Wizard of Oz is one of the most beloved movies of all time‚ touching the hearts of families throughout generations. But how did it become such a cultural phenomenon? The original book‚ making of the movie‚ and the major impact of it during World War 2 all bring together this iconic film. It all started
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The government should break up Standard Oil’s monopoly. In 1870‚ John D. Rockefeller started his Oil corporation in Ohio. They had about 10‚000 shares. Him and‚ William Rockefeller‚ who was his brother‚ Henry Flagler‚ chemist Samuel Andrews‚ silent partner Stephen V. Harkness‚ and Oliver Burr Jennings all partnered up to make this company become one of the first and biggests around. Then about 37 stockholders decided to put their shares into trust with an organization called the trustees. This system
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ACC 640: Advanced Auditing Dr. Owhoso Case 4: Waste Management Due: 09/23/14 Summary: Waste Management‚ Inc. was an international provider of waste management services. What once started as a family-owned trash collection business in 1894 grew to be a leading company in the 1990s. The company had diversified into several waste-related ventures‚ including trash pick up for individuals‚ businesses‚ and municipalities‚ as well as recycling‚ methane gas removal
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Understanding Enron: It’s About the Gatekeepers‚ Stupid John C. Coffee‚ Jr. July 30‚ 2002 This paper can be downloaded without charge from the Social Science Research Network electronic library at: http://ssrn.com/abstract_id=325240 An index to the working papers in the Columbia Law School Working Paper Series is located at: http://www.law.columbia.edu/law-economicstudies 1 Understanding Enron: AIt=s About the Gatekeepers‚ Stupid@ by John C. Coffee‚ Jr.. What do we know after Enron=s implosion
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I chose to analyze the article called “Predicting Material Accounting Misstatements” co-authored by Patricia Dechow‚ Weili Ge‚ Chad Larson‚ and Richard Sloan. The authors of this article had the goal of showing its intended audience how they developed a database‚ recognized similar characteristics among misstating firms‚ and used the information gathered to develop a model to predict accounting misstatements. The subject of misstating financial statements (also know as earnings management) is a
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Enron and its Associates Used Questionable Accounting Practices Clearly‚ there have been cases where management knowingly deceived the auditors. Then there seem to be other instances where the accounting treatment envelope was pushed just a bit too far. In the case of Enron‚ David B. Duncan‚ the former Andersen partner in charge of the Enron audit who was the government’s chief witness in the trial against Arthur Andersen‚ stood behind the decisions that resulted in the widespread use of off-balance
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November 19‚ 2010 Members: AC 516 8:30-10:30 Alfie Mae Mañaul Sir Sevilla John Vershir Lumacang Agapito Yang The Rise and Fall of Enron As one of the world’s leading electricity‚ natural gas‚ communications and pulp and paper companies with claimed revenues of nearly $101 billion in the year 2000‚ Enron should have not ignored the importance of transparency which gives assurance. Transparency is defined as the quality or state of being understood and candid. Every
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