Duke Lacrosse scandal‚ which decimated a top collegiate athletic program and cast a negative shadow over one of the top academic universities. Duke University had one of the top men’s lacrosse programs in the county‚ which had won numerous national championships. Unfortunately‚ the decisions and actions of some of the team members threatened to destroy the reputation of the lacrosse program and the entire university. The media and society have developed a large appetite for scandal that is still
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the first things that Ford did when he became president was to pardon Nixon. His decision caused a lot of controversy across the American public‚ but he claimed that he needed to pardon Nixon in order for the nation to move on from the Watergate Scandal as quickly as possible. President Ford faced a variety of problems throughout the remaining two years of his presidency. He faced the continued effects of OPEC’s decision as well as high rates of unemployment. He tried to get Congress to allow him
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pressure and a lack of internal control‚ AIG have committed frauds resulting in several scandals. One of the accounting scandals was disclosed during 2005 which involved a material mis-statement due to false transactions during 2000. This scandal set to prelude leading the downfall of AIG in 2008. In this paper‚ I will analyze the cause‚ the transactions and finally effects of the scandal. The Accounting Scandal The Players The CEO of AIG was Maurice “Hank” Greenberg. Greenberg joined AIG in 1962
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BANK OF PUNJAB (BOP) SCANDAL OF 9 BILLION RUPEES LOAN TO HARIS STEEL The Bank of Punjab (BOP) hit by a massive scandal‚ a unique fraud that involves billions of rupees. The State Bank of Pakistan expressed its great concern over the Bank’s “system and controls”‚ terming them “quite weak” while the internal audit of the Bank has repeatedly cautioned the management on the huge facilities offered to certain companies. The recipients of the huge loans include owners of some companies that do
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The Lucent Accounting Scandal Abstract The case discusses the accounting frauds committed at the US-based telecommunications giant‚ Lucent Technologies Inc. (Lucent) during early 2000. It provides an insight into the ways by which the financial statements were manipulated at Lucent. It examines the loopholes in the financial management of the company and the price it had to pay for circumventing the provisions of law. The case examines the allegations against Lucent and its officers with reference
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Salacious Rock Star Scandal Background Details Whilst touring America for the second time around in 1969‚ the four members of Led Zeppelin were taking residence at Seattle’s Edgewater Inn‚ a common favourite within the musician crowd as guests could fish from their rooms. Richard Cole (tour manager) and Bonzo (the drummer‚ John Bonham) were fishing from Richard’s room and they were persistently being bothered by female groupies‚ but the two fishermen were too involved in their catches than the
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Test 1 (29.10.2014): Case Volkswagen Scandal Unprecedented scandal was provoked by ordinary shares of Volkswagen in Frankfurt stock-exchange. 30.10.2008 German company Volkswagen has become in very short time the biggest company in the world (making the American oil giant Exxon-Mobil second in the list). It happened after 500% growth of VW ordinaries. On Friday October 24 market price of VW ordinary share was EUR 211‚ but at the end of the Tuesday October 28 trading
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I love to cook‚ so finding and trying out a new recipe for me is great. When I have the time‚ I love to watch cooking shows on TV‚ so what comes to mind for me‚ is the Martha Stewart scandal in 2004. In 2001‚ Martha Stewart had received an inside tip from her stockbroker that her stock‚ ImClone Systems was going to fall‚ so she sold her almost 4‚000 shares in the company to avoid an almost $46‚000 loss‚ the next day the stock fell 16%. Over the next few months‚ Martha’s activies were being investigated
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Interpersonal communication is the method of sharing messages amongst two or more people. The hit television series “Scandal” directed by Shonda Rhymes is an intense plot with a group of people (Nicknamed Gladiators) that help people clean up scandals. Many conflicts arise during each episode between multiple individuals. The conflicts involve a variety of different scenarios between Olivia Pope and her team as well as White House Officials. Olivia Pope has an history of working in the White House
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Deontology and the Categorical Imperative Applied to the Adelphia Communications Scandal In July of 2002‚ five officials of the Adelphia cable-television company were arrested on the charge of gross corporate fraud conducted by members of the Rigas family. The events which transpired during the Adelphia scandal were some of the most egregious to date with an estimated "$100 million‚ hiding more than $2 billion in debt the family incured‚ and lying to the public about Adelphia ’s operations and
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