am detailThe ENRON Scandal is considered to be one of the most notorious within American history-White Collar By misrepresenting earnings reports while continuing to enjoy the revenue provided by the investors not privy to the true financial condition of ENRON‚ the executives of ENRON embezzled funds funneling in from investments while reporting fraudulent earnings to those investors; this not only proliferated more investments from current stockholders‚ but also attracted new investors desiring
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1. The Enron debacle created what one public official reported was a “crisis of confidence” on the part of the public in the accounting profession. List the parties who you believe are most responsible for that crisis. Briefly justify each of your choices. Following parties are believed to be the most responsible for the crisis. With any big organization going so bad‚ the blame starts with the top level executives‚ there was no different in this case. For Enron the blame started with Enron’s
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ma’am and my dear friends‚ today‚ we all are present here to debate on the motion “Has Science made our lives more easy and comfortable?” I am going to speak against the motion. Dear friends‚ some say science is a boon and some say that it is a bane. According to me it is a bane as every thing has both cons and pros‚ but the decision is made by observing which side is better. Nowadays science has made great progress in every aspect. In fact‚ the century we are living in has been called the machine
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1. The Enron executive team including Kenneth Lay‚ Jeffrey Skilling‚ Andrew Fastow and other executives‚ were the key players in the crisis. The business practices they used when creating hundreds of SPE’s and diverting large amounts of liabilities to those off-balance sheet entities. Enron was aware of the minimal accounting guidelines for SPE’s and used them to their advantage. To create such a complex “paper” structure‚ the executives had to have coordinate their plans with the accountants
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policies and architecture made her ruling successful as she strived to achieve ma ‘at and legitimize her power as a female ruler. Although Thutmose IV attempted to carve her out of history‚ these circumstances made Hatshepsut’s greatness possible‚ as she is known as the first great female ruler in history today. Hatshepsut had many attributes about her that her siblings did not obtain. She had excellent health‚ a hasty mind and her father’s vigor. These qualities made her stand out and were indications
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CASE STUDY: CORPORATE GOVERNANCE AND THE FALL OF ENRON Introduction to the Enron Case Enron was one of the world’s leading energy traders born from deregulation of these markets in certain US states. It rapidly grew and the world followed suit. It was nominated ‘World’s Most Innovative Large Corporation’ six years in row and valued at 64 times its earnings and 6 times its book value. It had one of the highest paid CEOs in the world in 2000. It led an aggressive and apparently effective expansion
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Natural Gas‚became CEO‚ and the next year wonthe post of chairman. From the pipeline sector‚ Enron began moving into new fields. In 1999‚ the company launched its broadband services unit and Enron Online‚ the company’s website for trading commodities‚ which soon became the largest business site in the world. About 90 per cent of its income eventually came from trades over Enron Online. Growth for Enron was rapid.In 2000‚ the company’s annual revenue reached$100 billion US. Itranked as the seventh-largest
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ethnic groups‚ and a bunch of different leaders‚ that made the empire better. I will talk about some of the different leaders of Prussia. I will also talk about some of the things that made the military so strong and feared. I will also talk about what happened when Germany and Prussia finally became one. Next I will talk about all of the problems that this new empire had because of religious‚ and cultural tensions. I will talk about what I would’ve done to help ease these problems also. I would
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What forces Jim to grow up and mature very rapidly is the takeover of the ship that is launched by Long John Silver. In Chapter 10 it is detailed how Jim hides in a barrel‚ only to find himself being able to over hear Silver as he discusses his plans. Note how Jim refers to this situation: It was Silver’s voice‚ and before I had heard a dozen words‚ I would not have shown myself for all the world‚ but lay there‚ trembling and listening‚ in the extreme of fear and curiosity‚ for from these
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So What If a Boy Wears a Dress? Many male kids grow up playing with toy guns‚ toy cars and other toys for their favorite heroes such as Superman‚ Batman or Spiderman while females are known playing with dolls‚ make up kits and sometimes some play with toy guns and cars too which is normal. But when a male kid likes to play with dolls and wear make ups‚ it raises a problem in a society. In the article “What’s So Bad About a Boy Who Wants to Wear a Dress?” by Ruth Padawer‚ she raises awareness by
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