Based in Houston‚ Texas an American energy‚ commodities‚ and services company named ENRON CORPORATION was Ranked number 7 on the fortune 500 list in 2000‚ it was one of the most famous and largest integrated natural gas and electricity companies in the world. The company went bankruptcy on December 2‚ 2001. But before that it marketed natural gas liquids around the world and was working as one of the biggest natural gas transmission systems in the world‚ with transmissions over a massive area of
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there’s a fine but distinguishable line between doing the right and wrong thing. Sometimes‚ decisions are made without entirely knowing what the situation is and how it came about. W. Clement Stone once said‚ “Have the courage to say no. Have the courage to face the truth. Do the right thing because it is right.” Hale follows these expectations to good integrity. When everybody fell in line with the court he saw they were wrong‚ and he broke away to try to save who was left. Throughout the story
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entities that provide these services are basically categorized into (a) Non –Banking Finance Companies (b) Commercial Banks‚ and (c) Merchant Banks. Financial Services in India is too vast and varied too have evolved at one place and at one time. One of the main entities that offer financial services in India is Non-Banking Finance Companies. These NBFCs registered with Reserve Bank of India mainly perform fund based services to the customer. Fund based services of NBFCs include: leasing‚ hire-purchase
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Current issue: Scandals in auditing Enron Scandal 1. Introduction Accounting scandals are political or business scandals which arise with the disclosure of financial misdeeds by trusted executives of corporations or governments. These days‚ not too often‚ these scandals are splashed as headlines across media. Why? Because there are complex groups of stakeholders who might be seriously affected by the scandals. Enron scam was the most remarkable scandal in 20 centuries by their institutionalized
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“You’re generation is what’s wrong with today’s society”. A common phrase that I hear on a weekly basis‚ or see posted by keyboard warriors on social media. I come from a family of two other brothers‚ me being the youngest‚ all of us being Millennials. My classmates and I bring up the tail end of the millennial generation‚ and have gotten to see how older members of our generation are taking part in society. The problem I have with some of the statements about how my generation interacts with society
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FINANCING CLIMATE CHANGE FOR ECONOMIC DEVELOPMENT (A CASE STUDY OF NIGERIA) Written By: ABORISADE OLUWASOGO OLANREWAJU SUBMITTED TO THE DEPARTMENT OF ACCOUNTING BANKING AND FINANCE OSUN STATE UNIVERSITY OSOGBO‚ OKUKU SUPERVISED BY: MR OLANREWAJU FATOKI ABSTRACT Climate change adaptation is increasingly becoming an area of growing interest and involvement for many developing countries that unfortunately bear the brunt of an overheating planet caused by developed or so called advanced
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Introduction Enron was one of America’s leading companies prior to its spectacular collapse in 2001. It was frequently named as one of America’s top 10 most admired corporations and best places to work‚ and its board was acclaimed one of the US’ best five‚ according to Fortune magazine. As America’s seventh largest company‚ Enron experienced explosive growth through the 1990s. It had revenues of US$139 ($184) billion‚ US$62 ($82) billion in assets and employed more than 30‚000 people across 20
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lives and treated as equals. [They] wouldn’t tell them what to do‚ but left them to make their own decisions.”(I LET MY CHILDREN DO WHAT THEY WANT) They believe that they are permitting their children to make their own choices when it is quite the contrary because the decision has been made for them. Children have no say in how they will be educated. Although school may not be a favorite among children‚ they do not have the chance to explore what it is like even if they wanted to. It goes both ways:
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To what extent was Bismarck’s domestic and foreign policy a success? In the period after German unification (1871-1890)‚ Otto Von Bismarck had to face lots of problems both on the domestic and foreign fronts that proved his political and practical skills. Many historians said when commenting Bismarck’s policies after his death that the ‘Iron Chancellor’- as he was also nicked-named - had many successes in both domestic and foreign policies but also had to face some failures‚ especially regarding
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Summery Islamic Mode of Financing in other Countries (Malaysia‚ Iran‚ Sudan‚ Saudi Arabia) Introduction Islamic banking and finance may not be a totally new concept‚ the widespread expansion of this form of banking is certainly a fairly recent phenomena. There are more than 600 Islamic banking institutions and these institutions not only operate in Muslim countries‚ but have also gained footing in non-Muslim countries. Consensus forecasts expect the asset size of global IFSI to hit US$2 trillion
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