In my opinion‚ the Easter Islanders used the trees for numerous daily necessities such as building materials for houses‚ to build canoes‚ clothing‚ and logs to move their massive statues. The Easter Islanders used the trees at an unsustainable rate‚ depleting their resource. Depleting the tree resource became more problematic for the Easter Islanders‚ because it led other agricultural resources to decline as well. As their resources declined‚ it brought violence and warfare to the civilization.
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Serge IRAGUHA Business and Society November 25‚ 2012 Ethical Issues in the Collapse of Lehman Brothers Lehman Brothers Holdings Inc. used to trade on the NYSE under the symbol LEH as the fourth largest investment bank in the US. It provided global financial services in investment banking‚ fixed income sales‚ trading US treasury securities‚ investment management‚ private equity‚ and banking. But on September 12‚ 2008 it found itself under financial predicaments when it filed for bankruptcy. With
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ENRON Enron shocked the world from being “America’s most innovative company” to America ’s biggest corporate bankruptcy at its time. At its peak‚ Enron was America ’s seventh largest corporation. Enron gave the illusion that it was a steady company with good revenue but that was not the case‚ a large part of Enron’s profits were made of paper. This was made possible by masterfully designed accounting and morally questionable acts by traders and executives. Deep debt and surfacing information about
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sustained have learned from the ones that have collapsed. They learn not to make the mistakes those that have collapsed have made‚ they improve and adapt. Some use the mistakes of others to make them collapse so they can sustain. By knowing what they need to do to improve‚ they can make sure that they don’t collapse. Civilizations sustain with a social structure‚ a stable government‚ and a culture to prevent chaos and create trust. All civilizations have had its people divided by certain ways to help the
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In October of 2001 the Enron scandal was revealed‚ which led to their bankruptcy. It was the biggest bankruptcy reorganization in American history at that time. In the movie Jeff Skilling suggest that money is the only thing that motivates people‚ and I agree with him. Money might not directly motivate everybody but it plays a part in everybody’s motivation. Money is the reason people stay in school longer than required‚ the reason people work‚ and the reason why people get out of bed in the morning
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a new generation of employees. The new director was keen to explore more customers. They audit and certificate more accounts and made larger profits for their company. Andersen guaranteed the accounts for dishonest company from John DeLorean to Enron and WorldCom. The code of ethics which Andersen against are: 1. Standard I (A) Knowledge of the Law. Members and Candidates must understand and comply with all applicable laws‚ rules‚ and regulations (including the CFA Institute Code of Ethics
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------------------------------------ The Japanese officers consistently tortured certain prisoners to withdraw relevant intelligence on the armed resistance and to expose the allied spies. The Selarang barracks protest against the escape document saw 20‚000 British and Australian prisoners of war rounded up in the central square of the Selarang camp and were refused any food‚ water‚ and medical treatment. Several men died from dysentery. All because they refused to sign a pledge not to escape.
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February 20th‚ 1959 when Canadian Prime Minister ordered the cancellation of the production of the CF-105 (official name of the avro arrow). The CF-105 was originally designed as a long-range interceptor‚ meant to meet and destroy Soviet bombers. The hypersonic fighter was on the cutting edge of aerospace technology at the time: it could reach a speed nearly three times the speed of sound‚ travelling at an altitude of 60‚000 feet. The rollout of the first CF-105‚ marked as RL201‚ took place on 4
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Problem: What can Enron do to salvage the Dabhol project and its ties to India? After nine years of an obvious debacle‚ it seems that Enron and the Indian government have reached a state of impasse‚ where a sustainable long term relationship cannot be achieved. Enron has chosen to terminate the agreement by offering to the Indian Prime Minister Enron’s 65% equity in DPC for US$1.2 billion and offshore debt for US$1.1 billion. o Various political parties have consistently used Enron as an issue to
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Effects of the Enron Scandal (Kassie) The Enron scandal had a great effect on the United States‚ with an impact on individuals from the consumer level to those running the company as well as the stock market and investors. Throughout the scandal‚ 4‚500 employees lost their jobs and investors lost approximately $60 billion dollars within a few days. The loss of such a large sum of money meant the loss of old-age and retirement security for many of the investors who put their money and faith in the
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