REACTION PAPER – THE ENRON SCANDAL FACTS OF THE CASE Enron Corporation was formed in 1985‚ led by Kenneth Lay‚ as a result from the merger of Houston Natural Gas and Internorth that specializes in natural gases and commodities. In 1990‚ the company hires Jeffrey Skilling to lead the trading of commodities under deregulated market and Andrew Fastow later that year (USA Today‚ 2002). Deregulation of the energy markets allowed companies to place bets on future prices‚ and Enron was poised to take
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The Bermuda Triangle (also known as the Devil’s Triangle) is an area bounded by points in Bermuda‚ Florida and Puerto Rico where ships and planes are said to mysteriously vanish into thin air — or deep water. Also sinisterly known as the Devil’s Triangle‚ the Bermuda Triangle consists of a region in the western part of the North Atlantic Ocean‚ and is defined by points in Bermuda‚ Florida and Puerto Rico. It stretches across less than a thousand miles on any one side. CREDIT: NOAA View full
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The Rhetorical Triangle Jeremy Maw American Intercontinental University Abstract Thorough this brief introduction into the Rhetorical Triangle the reader will be informed of a few key aspects that define this contemporary look at the model of communication. The terms speaker‚ audience‚ and situation will be clearly defined and used in the proper context. After viewing two presentations a comparison will be made on how well the Rhetorical Triangle was applied to each instance. The essay
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Texas Triangle Photobook Interpretation After going through a virtual tour of Texas through Alec Soth’s Texas Triangle and experiencing scenes that I would not have been able to imagine without Alec Soth‚ I came across one simple but meaningful photography called “Bull Riders.” This image has very little movement in the picture but sets the mood perfectly by describing characteristic of rural Texas and importance of brotherhood. The picture is of two friends‚ Cory and Joseph from San Antonio
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The Rhetorical Triangle I will first define the rhetorical triangle modern there are three elements of the rhetorical triangle modern (speaker audience situations) the rhetorical triangle modern has three equal sections that create the triangular. The speaker is a person that is giving’s an oral message to the listeners”. (Lucas‚ 2008‚ p. 17). Character of the speaker also affects the audience in element. The audience is a person of you your presentation or speech. The speaker will need to have
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Motives for the cheats The motives for fraud are clear‚ it’s a financial crime. People can not pay the bills. They figure stealing from an insurance company which is big and greedy is no great moral wrong and no one will miss the money. However‚ even if the company is big and greedy it is still wrong. How people get caught by an insurance company Fraud units at insurance companies are experts. But the reason people get caught are for obvious reason. People make stupid mistakes. However‚ as a word
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In 1911‚ a deadliest fire occurred in the triangle waist company killing hundreds of people. The workers at the Triangle Waist Company went on strike in 1909 to bring awareness to people about the company .The Women’s Trade Union League played a big role before and during the strike. The strike made an impact but it wasn’t enough to open the eyes of the owners of the triangle factory. Later a fire arose changing labor and industry forever. The Triangle waist company consisted of women and children
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commit fraud because of financial pressures‚ vices‚ or because of work-related pressures. As well‚ perpetrators of fraud can be motivated by a perceived opportunity to commit fraud and the ability to rationalize that what they are doing is not wrong. Their motivations are usually combined into the fraud triangle of perceived pressure‚ perceived opportunity‚ and rationalization. 3. The fraud triangle includes three elements that almost always must be present in order for someone to commit fraud: a
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THE NATION’S NEWSPAPER BS2003-01b Collegiate Case Study Adelphia founder‚ 2 sons‚ 2 others arrested in fraud By David Lieberman and Greg Farrell www.usatodaycollege.com Accounting fraud Part II: The results “Creative accounting” is not a new technique‚ but it can certainly be a costly one. Businesses feel the pressure to appear profitable in order to attract investors and resources‚ but deceptive or fraudulent accounting practices often lead to drastic consequences. Are these so-called
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Rigas family -- Michael Rigas‚ former head of Adelphia operations -- remaining deadlocked on most of the counts against him. Because the Adelphia scandal emerged after the one at Enron‚ and the company was smaller in size than WorldCom or Tyco‚ it has garnered less public attention. But for the sheer audacity of the fraud‚ it ranks high up on the list. Adelphia executives testified that they routinely made up numbers that they gave to investors and lenders‚ even while the Rigases regularly withdrew
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