Enron “The Smartest Guys in the Room” The Enron: The smartest guys in the room it’s a documentary film based in an important and huge company that was involved in a huge scandal in the American history. The Enron Corporation when they first start was a successful company. In its beginning‚ Enron was a small company from Texas‚ after years Enron became in the seven largest business in the U.S. with a smarts an experts employees working for Enron. The founder was Ken Lay a smart executive. The company
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Nothing lasts forever. Government‚ societies‚ and empires are no exception. Government corrupts‚ societies collapse‚ and empires fall. The disintegration and eventual failure of an empire is often the result of bad decisions and fatal mistakes. Even the smallest of mistakes can send an empire into a sudden and uncontrollable decent. Making the society and its people accessible to foreign attacks. The Roman Empire began its deterioration shortly after Diocletian split Rome into two halves‚ the East
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the organization set the tone for the entire company‚ and in this case‚ many of the stakeholders‚ as well (Enron: The Smartest Guys in the Room‚ 2005). Sometimes‚ examples of what does not work‚ is an excellent way to understand more clearly why something does work. Insight into Enron provides just such an example. Top management it clear that the only important aspect was to make money and continually grow the stock prices (Enron: The Smartest Guys in the Room‚ 2005). Even though several employees
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Enron- Examining a Business Failure University of Phoenix Organization Leadership LDR/531 Mr. January 12‚ 2010 Enron- Examining a Business Failure How did a multibillion dollar company arrive to the point of non existence? Was it the lack of organizational structure? Or maybe the lack of ethical management and leadership? One thing is certain and that is Enron has given the world a glance at how a leader within the energy industry‚ could have it all one minute‚ yet in a blink of
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Written Case Analysis Due Case: “Team Collapse at Richard‚ Wood and Hulme LLP” 1. OVERVIEW AND ANALYSIS: A senior associate at Richard‚ Wood and Hulme LLP (RWH) was amazed at the speed with which the audit team for an important client for the firm was rapidly falling apart. Two members had just been fired presumably because they did not pass their chartered accounting qualification examination; team morale had become non-existent; there were difficulties in completing the engagement due to lack
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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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Imperial China Collapses Objectives • List the problems the new Republic of China faced • Trace the rise of communism in China • Describe the civil war between Communists and Nationalists Main Idea: Revolution: After the fall of the Qing dynasty‚ nationalists and Communist movements struggled for power Why it matters Now: The seeds of China’s late-20th century political thought‚ communism were planted at this time Nationalists Overthrow Qing Dynasty • Kuomintang‚ or the Nationalist Party‚ leader
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[Case/Article Name]: The Enron Wars – Vanity Fair | The Watkins Memo | Questions: 1. Why do you think the whistleblowers we’ve encountered have all been women? The first reason I guess is women are more considering about emotions not about objective facts. Maybe a man won’t do anything he thinks it is wrong. He will refuse wrong things immediately. But women judge things by their own standards. For instance‚ if a woman likes the person who tells a woman to do something wrong based
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Enron‚ board governance and moral failings Gerald Zandstra Gerald Zandstra is Director of Programs at the Acton Institute for the Study of Religion and Liberty‚ Michigan‚ USA. Keywords Directors‚ Ethics‚ Responsibility‚ Corporate governance Abstract The failure of the Enron Corporation has brought attention to the roles played by the chief executive officer and other executives of the modern corporation. Its failure has also produced discussion of further regulations that will‚ it is hoped‚
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The collapse of the honeybee population is due to different factors such as the acquired Immune Deficiency Syndrome or cancer‚ and unknown micro-organism affecting the bees. The two main reasons why bees are dying is because of human using harsh chemicals along with other environmental changes. These chemicals are weakening their immune system. Another reason is because of parasites. The parasites first take over the bee’s body. When the bees have their babies‚ the parasite goes into the honeycomb
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