Credit Mobilier (1867)- Credit Mobilier of America was a construction company working on building the Transcontinental Railroad but inflated their prices by as much as 348%. The scandal they soon became associated with arose when they bribed congressmen with stock to make them look the other way. This was common behind closed doors of the Gilded Age but what made it so known is that politicians got caught in the mess. Credit Mobilier is scored as the least bad because it wasn’t particularly exceptional
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Response to: Foul Shots In Foul Shots‚ Rogelio R. Gomez writes about his Chicano background and the neighborhood he grew up in. Furthermore‚ he describes himself being stereotyped as one of the “barrio boys” basically meaning that he is considered inferior to the Anglos. In high school‚ the writer states that he was on a basketball team and that there was one day when his coach announced that his team was to “buddy up” with the opposite team. The opposite team was all White and therefore had a
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Railroaded: The Transcontinentals and the Making of Modern America looks at the way that railroad owners found a way to turn that business into a big business and earn millions upon millions for themselves. A majority of the book shows how the railroad owners received lots of money for the corruption and other behind the scenes deals that went on. The railroad for how corrupt it was‚ unfortunately shaped the way America was built and became the superior power that it is in the present day. During
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Crooked CEO gets 50 years jail In 2013‚ the founder of Peregrine Financial Group Inc. sentenced 50 years jail for stealing $250 million from investors and hiding his theft around 20 years. The U.S. Attorney Sean R. Berry of the Northern District of Iowa states that‚ for years seemed Russell Wasendorf‚ Sr. was a successful CEO of his own brokerage and respected member of his company‚ supporting local charity‚ and creating jobs. But in reality‚ “he was a con man who built a building on smoke and mirrors”
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The film titled‚ Enron‚ the Smartest Guys in the Room‚ is a phenomenal examination of an organization that in all likelihood started out to perform ethically but‚ after a modification in design and moral decision-making‚ it evolved into an organization based upon greed and performance no matter what cost. Ironically‚ the motto of this company was‚ “ask why” however this is perhaps the sole question that many employees are now asking themselves and should have routinely asked in the years
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Lowell Perspectives Life Span & Introduction to Sociology PSYC-2314-S03 In class we have been discussing the analogy of perspectives. A perspective is a way of seeing‚ also thought of as a ‘point of view’. This mental view or outlook can both enhance and constrain how we view the world in our own eyes. In the field of psychology and sociology there are many ways to perceive our world in which we live. No one perspective alone can define the world. Each perspective has its
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Perspective is described as “a particular attitude toward or way of regarding something; a point of view.”. Pursuit may be defined as the action of following and pursuing someone‚ thus pursuing knowledge would be the action or the process in which we follow and find new knowledge. When obtaining new knowledge‚ we need to base what we learn on personal knowledge‚ which serves a single individual‚ their beliefs‚ their perspectives‚ such as feeling regarding personal information‚ or shared knowledge
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SOCIOLOGICAL PERSPECTIVES Sociology is known to be a very debatable subject without an agreeable consensus. Different perspectives exist and each one tries to explain the society in a different way. A perspective can be defined as a set of principles‚ an approach or a school of thought which helps to understand and explain social life. A perspective helps us to understand how the society is organised‚ how social life is arranged and how it functions. Sociological perspectives can be categorised
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Would someone give up several thousand dollars just for the public entertainment? Well that is what Herbert Stempel did in the 1994 film‚ Quiz Show. The contestant was manipulated into his actions by the producer because he was peer pressured by the producers‚ he felt obligated to keep the general public happy‚ and he also had to maintain his public figure because of he was known as one of the smartest men in the world. In the 40’s‚ quiz shows were a huge hit for public. I mean that was really all
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This proposal discusses the scandal that occurred with Wells Fargo Financial Services Company. Provides banking‚ investments‚ insurance‚ consumer and commercial finance along with mortgages. The scandal started to get investigated in 2011. The Wells Fargo account fraud scandal is a corruption scandal that was very controversial because there were literally millions of fraudulent bank accounts that were created on behalf of Wells Fargo employees. These accounts were created without the consent of
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