INTRODUCTION The Bermuda Triangle is a very real place where dozen of ships‚ planes and people have disappeared with no good explanation. Since a magazine first coined the phrase "Bermuda Triangle" in 1964‚ the mystery has continued to attract attention. When you dig deeper into most cases‚ though‚ they’re much less mysterious. Either they were never in the area to begin with‚ they were actually found‚ or there’s a reasonable explanation for their disappearance. Does this mean there’s nothing
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Sample Essay on Bermuda Triangle: The Bermuda Triangle is a strange and mysterious region in the south West Atlantic where people‚ ships‚ boats and air craft flying over it have presumably been sucked in to its stormy waters and /or disappeared. The apexes of this triangle have been widely disputed but generally thought to be Bermuda‚ Miami‚ Florida and San Juan‚ Puerto Rico. Also known as the devil’s triangle and covering an area of about 500000 miles‚ the region might have acquired such a name
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Fall of Enron The History Enron began as a pipeline company in Houston in 1985. It profited by promising to deliver so many cubic feet to a particular utility or business on a particular day at a market price. That change with the deregulation of electrical power markets‚ a change due in part to lobbying from senior Enron officials. Under the direction of former Chairman Kenneth L. Lay‚ Enron expanded into an energy broker‚ trading electricity and other commodities. The Business of Enron Enron
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March World News Julie Marie Perez Mystery of The Bermuda Triangle The Bermuda Triangle is located between Florida and Puerto Rico right in the Atlantic Ocean. Since the 1950’s‚ unexplained reports have come in because of strange disappearances. Christopher Columbus first wrote about the Bermuda Triangle in 1492. As he and his crew sailed the Atlantic‚ they came across an enigmatic light pattern in the sky near the Caribbean Sea‚ as well as unusual compass readings while passing through
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Enron Scandal In 1985‚ Enron was formed by Kenneth Lay after the merging of Houston Natural Gas and InterNorth. In the 1990s‚ Lay helped to initiate the selling of electricity at market prices. Markets made it easier for Enron to sell energy at higher prices‚ which caused the company to get richer. Enron was the largest merchant of natural gas in 1992. In November 1999‚ the creation of EnronOnline enabled Enron to develop‚ negotiate and manage its trading business. By 2001‚ Enron became a
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Enron debacle: Case Report Table of Contents I. Understanding the Entity: Business Risk Assessment 1. Nature of the entity 1.1. Brief introduction: Enron Corporation‚ a Houston based giant company‚ conducted energy trading business and gas pipeline transportation and distribution business in the energy and industrial sectors. 1During the 1990s‚ Enron transferred from a natural gas supplier and to an intermediary midstream company facilitating distributions
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given non - collinear points is: [Marks:1] A. Two B. infinitely many C. Four D. Three 6] The area of a right triangle with base 5 m and altitude 12 m is [Marks:1] A. 50 m2 B. 15 m2 C. 9 m2 D. 30 m2 7] Evaluate: 53 - 23 - 33 [Marks:1] A. 80 B. 60 C. 120 D. 90 8] The area of an equilateral triangle of side 14 cm is [Marks:1] A. B. C. D. 9] Simplify: [Marks:2] 10] Check whether (x
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The overall cause for Enron’s bankruptcy should be blamed on former chairman and CEO‚ Kenneth Lay. As an Enron executive‚ all of Lay’s concerns should have been focused on Enron’s profits‚ but all he cared about was his property. When he noticed Enron’s financial problem‚ he did not attempt to fix it‚ but made effort to maintain his own benefit and ignored the whole company’s and investors’ loss. His selfish and unethical behavior not only deceived the investors but also finally resulted in Enron’s
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Enron History Special Purpose Entities (SPEs) were used and often abused by most large corporations in the late 1990’s. Enron was likely the corporation that abused the accounting treatment the most‚ but certainly not the only one. The Enron SPEs were not hidden from the auditors or the investing public‚ but were so extensive‚ invasive‚ and complex that no one‚ including primary architect‚ Andrew Fastow‚ was able to understand the total implications. The 2000 financial statements for Enron included
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Enron Case 10.8.2014 Melissa Becker Boya Du Sidi (Fiona) Chen Wei (David) Yu In June of 2001 Enron’s new CEO‚ Jeff Skilling‚ was heralded as the “No. 1 CEO in the entire country and Enron was saluted as “America’s most innovated company.”1 Just six months later‚ in December‚ Enron filed for bankruptcy. The failure shocked the public and angered investors. How could this have happened? Did no one see this coming? Where were the accountants? Where were the controls? Enron’s public troubles
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