Enron: Questionable Accounting Leads to Collapse The Enron Corporation was established by integrating two major gas pipelines in 1985. The Company provided products and services related to natural gas‚ electricity‚ and communications and it was one of the world’s leading organizations at these sectors with claimed revenues of nearly $101 billion in 2000. Throughout the 1990s‚ Chair Ken Lay‚ chief executive officer Jeffrey Skilling and chief financial official officer Andrew Fastow transformed
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Do you agree that the collapse of Weimar Republic was inevitable? Elaborate your answer. I disagree that the collapse of Weimar Republic was inevitable. Weimar Republic was a democratic government created in 1919 after WWI. The Republic just lasted 13 years. Weimar Republic inherited enormous problems from the previous government. She signed the Treaty of Versailles. The consequences of Versailles were severe to Germany‚ and many were looking for someone to blame‚ Weimar Republic was the ideal scapegoat
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ever-expanding gap between the rich and the poor was greed. Whether it was the greed for money or for power‚ greed was certainly a driving force. More recently‚ the greed of several‚ rich and powerful individuals helped to cause one of the largest financial collapses of modern times. The purpose of this paper is to establish some of the key players in the economic crash of 2008‚ and to show some common backgrounds among those players and reveal that‚ even now‚ they still have significant influence on the financial
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According to Jared Diamond there are five main characteristics that play a part in societal collapse: environmental damage‚ climate change‚ hostile neighbors‚ friendly neighbors‚ and cultural responses (Curren). Many early societies that collapsed experienced these problems such as the Sumerian civilization that was destroyed by their neighbors‚ the Elamites. Ancient Egyptian civilization was ruined by people infiltrating their country and changing their perspective on religion. The Rapa Nui civilization
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Modern History Essay Assess the view that the collapse of the Weimar Republic was primarily due to the appeal of Hitler and the Nazi party. Although Hitler and his Nazi party were contributing factors in the collapse of the Weimar Republic they were not primarily responsible for the collapse of the Weimar Republic. A combination of the incompetence of the Weimar and Hitler’s formative influence on the population collapsed the Weimar. During the early 1920s‚ Germany was struggling with economic
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Hollywood is a part of American culture therefore I believe that Hollywood indeed is very important in today’s pop culture. Many children‚ teens‚ and young adults in today’s society keep up to date with what is going on in Hollywood; when the next movie is coming out‚ what new songs are being played‚ etc. People even keep up to date with celebrities. Social media makes it possible to keep a look out on what our favorite celebrities are up to. Reality shows have also used Hollywood’s film industry
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The Weimar Republic started in 1919 to substitute the German empire. The name came from the city of Weimar. The Weimar Republic had faced a lot of problems through those fourteen years such as not continuing their alliance with the winners of the First World War‚ hyperinflation‚ and political extremists. They had also stopped some of the demands of the Treaty of Versailles. The Reichstag Fire Decree was basically the start of the Communist revolution which led to the elimination of the constitutional
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When I was three years old I fell off my bike and broke my arm. Since then I have experienced numerous falls not all from falling off my bike. I think I may be considered a clumsy person but am still coordinated and good at sports. One time I led my softball team to the State Championships. We lost but it was a good game I threw a no-hitter and my Mom cried with happiness. I cried because the season ended. Anyway I fall a lot and lose my balance when in small or constricted areas one time I
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In 2010 a horrible rushing hurricane hit the small country‚ Haiti with the population of about 10.85 million. On January 12‚ many people were horribly affected. Houses were destroyed with winds up to 145 mph‚ and an earthquake magnitude of 7.0. There was also a storm surge included in the hurricane. Crops were pulled apart and no one ever saw it coming. The hurricane in Haiti was one of the most enormous and destructive ever there. In response of this hurricane‚ people were left displaced‚ had little
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Spanish philosopher‚ George Santayana once wrote‚ “Those who cannot remember the past are condemned to repeat it.” This quote is widely used because of its relevance to a variety of topics. Engineers use reverse engineering to investigate an engineering failure and prevent it from happening again. We remember the tenth mission of the space shuttle Challenger that ended on January 28‚ 1986 in a catastrophic disaster. Seven astronauts were killed that day when the Challenger they were piloting‚ exploded
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