The topic i choose from the 1920s was the Black Sox scandal. It was where the White Sox and the Cincinnati Reds were in the world series and gamblers paid White Sox players to lose the game‚ this happened 95 years ago. ‘’On October 9‚ 1919‚ the Cincinnati Reds defeated the heavily favored Chicago White Sox 10-5 to clinch an unlikely World Series win’’ (Andrews). ‘’The players on the Charles Comiskey’s 1919 Chicago White Sox team were a fractious lot. The club was divided into two "gangs" of players
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Enron – The Ken Lay Indictment Questions/Answers for Discussion: 1. Is there sufficient evidence of fraudulent intent to convict Ken Lay for stock manipulation "beyond a reasonable doubt"? Why or why not? If we are answering the question with the given facts presented in this case study‚ there are only allegations. To convict Ken Lay for stock manipulation ’beyond a reasonable doubt’ means that a trial must happen and both sides: Prosecutor and Defense will present a case to convince the jurors
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Settled a shareholder class-action suit for $457 million. SEC fined ArthurAndersen $7 million. Fun fact: After the scandal‚ new CEO A. Maurice Meyers set up an anonymous company hotline where employees could report dishonest or improper behavior. Enron Scandal (2001) Company: Houston-based commodities‚ energy and service corporation What happened: Shareholders lost $74 billion‚ thousands of employees and investors lost their retirement accounts‚ and many employees lost their jobs. Main players: CEO
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The crack of the bat and the fresh smell of roasted peanuts. It’s a baseball game alright. Billy is a starting pitcher for Amberline high. Their team’s name was the Amberline Armadillos. He lives in Boston and his dream is to become the best Red sox pitcher. The Armadillos are winning with a two to one score against the buckville bees in the bottom of the ninth. Two outs bases loaded and the count is three-two. It is every pitcher’s dream to strike the batter out and this is every batter’s dream
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The effects of Internal/External Factors on WorldCom Learning Team A MGT330 November 9‚ 2010 The Effects of Internal/External Factors on WorldCom Over the years the world has seen many corporate disasters pertaining to management. One of these disasters has been the rise and fall of WorldCom. From the beginning of WorldCom in 1983 as an obscure long distance company‚ the world watched as the company executed an aggressive
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The Boston Red Sox are a privately owned organization located in the Kenmore Square part of the city. The team plays at Fenway Park‚ located at 4 Yawkey Way in Boston. The Red Sox Front Offices are also located at Fenway Park. The park is currently celebrating its one-hundredth year‚ and is the oldest park in Major League Baseball The organization is tall in structure but is also departmentalized by function within this structure. At the top of this structure are the three owners‚ John Henry
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The “Black Sox” Scandal In the early 1900s‚ baseball was the American pastime. Baseball players were the idols of the young‚ the old‚ and everyone in between. Baseball games were played everywhere from sandlots to stadiums and radios in homes across the nation were tuned to baseball. Attendance and profits were on the rise; between the first World Series of 1903 and the World Series of 1919 revenues had increased by 50% (Everstine‚ 1998). The money was too tempting and greed changed the wholesome
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such as: Accounting Irregularities at WorldCom and Arthur Andersen…No More: What Went Wrong? (Business Ethics 4th Ed: Cases 5 & 6 pg.101-109)‚ both clearly present various moral and ethical problems that arise that are real life business scenarios as well as question the impact of certain ‘special’ duties/obligations that apply to particular individuals and employees who choose to engage in these activities in the organization leading to their downfall. The WorldCom case and scandal occurred because
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culture and language. Americans can be hurt by others by being “blacklisted‚” or “blackballed‚” or “blackmailed” (Williams‚ 1964). When the Chicago White Sox deliberately lost the 1919 World Series as part of a betting scheme‚ they became known as the Chicago Black Sox‚ and to this day the “dark” chapter in American sports history is known as the Black Sox Scandal. In a similar vein‚ Muhammad Ali has observed that
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Objectives • Ask Why‚ Asshole? • Identify the types of threats professional accountants encounter and identify ways of minimising these. • Outline the disciplinary procedures for accountants. • Discuss the role of ethics in a global environment Enron: The Smartest Guys in the Room? Threats to Accountants • Code of Ethical Conduct • Compliance with these principles may be undermined by the following 5 threats from APES 110: • Self-Interest Threat ▫ may occur as a result of the financial or
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