of ethical issues raised in the movie “Enron-the Smartest Guys in the Room” but the four I am going to focus on are listed below. Art Anderson‚ Ken Lay and all of the other executives did a number of unethical things which ultimately brought down Enron and affected thousands of employees and their futures. The bottom line was that each and every one of them acted out of greed for the almighty dollar. 1- Encouraging employees to invest and buy stock in Enron when they knew the truth about the lack
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devastating collapse. VOICE: Enron is a corporate Chernobyl. VOICE: You had the entire system playing fast and loose. VOICE: It is not just Enron‚ it’s an industry problem. LYNN TURNER‚ SEC Chief Accountant (1998-2001): It is real‚ real damage to the country. ANNOUNCER: Why didn’t anyone sound an alarm? VOICE: The watchdogs work for executives and Wall Street. They don’t work to protect shareholders. ANNOUNCER: Correspondent Hedrick Smith investigates how greed and politics undercut America’s financial
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MEDIA AND POLITICS We all agree that a well-informed public leads to a more open‚ just and civic-minded society. Yet today it seems every major and minor news network has a Sunday talk show or weekly roundtable dedicated to "educating" the American public about politics. In addition‚ with the growth of the Internet‚ thousands of Web sites exist with information on politics and government. The irony is that while the quantity of places we can go for political information continues to increase
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of Enron were the large number of highly complex accounting entries. For example energy traders were required to book all the projected profits from a supply contract in the quarter in which the deal is made. Such accounting procedures are inherently risky as they make assumptions about price forecasts which can drastically affect earnings. Another inherent risk factor is the frequency of related party transactions. The special purpose entities Enron was trading with were created by Enron and
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"The Politics of Muscle" by Gloria Steinem is an essay arguing the difference in strength between men and women. Steinem starts her essay by stating how she grew up in a generation where women didn’t participate in a lot‚ if any‚ sport activities. She goes on to say that she believes this is the reason why women of her generation believe that it’s not what the female body does‚ but how it looks. Steinem feels that women always seemed to be owned in some degree as the means of reproduction. She believes
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Nakayama: What do you think are the most important lessons to be learned from the Enron scandal? Hanson: The Enron scandal is the most significant corporate collapse in the United States since the failure of many savings and loan banks during the 1980s. This scandal demonstrates the need for significant reforms in accounting and corporate governance in the United States‚ as well as for a close look at the ethical quality of the culture of business generally and of business corporations in the United
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George W. Bush: Failure as a President To be a successful President one needs to be committed to the country and do everything possible to keep the people happy. Being the President insures one to have political power‚ which is the ability of those in authority to induce members of the community to do what they want them to do (Ruypers‚ 444). Having such high authority allows one to maintain society and to be the voice of the people. George W. Bush is an American Politician who was the 43rd President
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Cited: Bingham‚ Dennis. Acting Male. New Brunswick‚ NJ: Rutgers University Press‚ 1994. Bragg‚ Richard. I am Soldier‚ Too: The Jessica Lynch Story. New York: Knopf‚ 2003. Ducat‚ Stephen J. Wimp Factor: Gender Gaps‚ Holy Wars‚ and the Politics of anxious Masculinity. Boston: Beacon Press‚ 2004. Euchner‚ Charles C. and John Anthony. Selecting the President. Washington‚ D.C.: Congressional Quarterly Inc.‚ 1997. Han‚ Lori Cox and Caroline Heldmen. Rethinking Madam President: Are We Ready
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Melanie · Mar 7‚ 2013 Group 4: Politics and Government (15th April 2013) 18th April Research conference Belize City Topic: Politics and Government •Define politics. •Distinguish between power and authority. •Identify and define Max Weber’s three ideal types of authority. •Describe the four basic types of contemporary political systems: monarchy‚ democracy‚ authoritarianism‚ and totalitarianism. •Discuss the political spectrum‚ special-interest groups‚ watch-dog groups and voter apathy
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identity of the black politician was very distinct. Before the Civil War began‚ Blacks had only been able to vote in a few northern states‚ and there were no black officeholders. The months after the Union victory in April 1865 saw extensive mobilization within the black community‚ with meetings‚ parades and petitions calling for legal and political rights‚ including the right to vote. During the first two years of Reconstruction‚ blacks organized Equal Rights Leagues throughout the South and held state
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