FACTORS AFFECTING INVESTMENT POTENTIAL 7 VIII. STOCK PRICE DATA AND INVESTMENT ANALYSIS 8 IX. CONCLUSIONS & RECOMMENDATIONS 10 EXECUTIVE SUMMARY This company profile provides a preliminary investigation and analysis of Novartis International AG‚ a multinational pharmaceutical company based in Basel‚ Switzerland. Novartis is one of ten companies the Investment Board will consider for further in-depth research for a multimillion-dollar investment. Novartis was created in 1996 from the merger
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The Second Mile Scandal Nonprofit organization‚ which was established to help children who require additional support‚ is now preparing to cease operation due to one of America’s most shocking scandal in history. Founder of The Second Mile‚ Jerry Sandusky‚ was charged and found guilty of child sex abuse. Despite having the responsibility as founder of nonprofit organization for goodwill‚ Jerry Sandusky committed a crime for which he deserved serious consequences. The Second Mile is a nonprofit
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The Jerry Sandusky case had a major impact on Penn State. It affected both academics and athletics in a major way. In this essay I will discuss the situation that occurred and the impact that the social media had on this once great school. Jerry Sandusky is a retired American football coach. He was the assistant coach at Pennsylvania State University under the legendary Joe Paterno for 30 years. He was the defensive coordinator for the football team. He is also the founder of The Second Mile
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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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think that they someday would want to be just like them?”‚ (Finnegan 4). This question is now being asked more often than ever. The sports stars we look up to and admire are surrounded by talks of cheating. One prime example of this happening is the case of Reggie Bush. Reggie Bush was a running back at the University of Southern California. At USC‚ he acquired many awards and he broke many records. Bush‚ along with Coach Pete Carroll‚ led USC to the top of the college football world (Gray 3).
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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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PRESENTED BY NIKHIL TIWARI SCALE OF THE SCANDAL… “This dwarfs by orders of magnitude any financial scam in the history of markets “ -Andrew LO‚ Professor of Finance‚ MIT WHAT IS LIBOR ? Libor is the benchmark interest rate that affects how consumers and companies borrow money across the world. It the average interest rate calculated through the submission of interest rates by major banks in London. It is controlled by British Bankers ’Association(BBA) WHAT IS AFFECTED
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