Who is ultimately responsible for the tragedy of Macbeth? It could be said that Macbeth´s strive for power affects every aspect of his life‚ and this motivation eventually leads to his demise. Many different factors play a pivotal role in deciding his ill-fated future. With his wife´s cajoling‚ and the three witches´ foretelling of his future‚ Macbeth‚ will stop at nothing to gain position as King of Scotland. It could be said that Lady Macbeth is responsible. She bullies him‚ emotionally blackmails
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Special Purpose Entity Enron had high levels of debt. To attract new investors‚ Enron needed to find a way to hide those debts. Andrew Fastow‚ CFO of Enron‚ turned to Special Purpose Entity (SPE). Several legal entities such as LJM and raptors were created and the poorly performing stocks were transferred to these entities. Then‚ the SPE were used to borrow large sum of money from investors with Enron’s overpriced stock as collateral. These SPEs were not reported on the financial statements. In
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The Collapse of Lehman Brothers – Lessons Learned: Corporate Governance and Ethics. Posted by erictse2 on February 11‚ 2012 The Collapse of Lehman Brothers – Lessons Learned: Corporate Governance and Ethics. Executive summary This essay discusses about the collapse of Lehman Brothers in 2008‚ from the perspective of corporate governance and ethics. It first gives some background about the collapse and analyze financial situation of the company before the incident happened. It reveals unethical
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Who is your HERO? What makes hero? ‘Heroes don’t need to fly or shoot lasers from their eyes to be the one who saves countless lives’‚ ‘They just need to try to do what is right‚ to be the hero‚ shining in the night’. As poem says‚ heroes come in many shapes and sizes with no specification‚ but not all of them have the supernatural skill‚ flowing capes and tight spandex pants. In this world‚ the real heroes is just a normal people trying to do the right thing and make the things right. I believe
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Morally: Since rationalism is based on using our mind to make reasonable judgment‚ I think what has happened about the leaking of information about the NSA program of recording information is morally acceptable. As John Locke’s philosophy about “natural law”‚ which included moral equity and nature freedom‚ citizens have the rights to not be watched. What Snowden did was based on a personal point of view that represented the moral aspects of the culture‚ which is freedom. From this‚ I can understand
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Enron and Ethics Failure is the best teacher not only for those who fail‚ but also for those who observe the failure. Thus‚ for many businesses the Enron scandal proved to be the greatest teacher. Since the fall of Enron‚ there have been several theories and examinations about why it failed as it was a corporation that no one imagined would ever crash. Based on research to date there are multiple reasons for Enron’s failure; however‚ one that stands out immensely is corporate disregard for ethics
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Subjective Judgment Judgment is not something certain but rather a reflection of one’s own personal beliefs‚ in other words it is subjective opinion of something. Therefore‚ the statement “good judgment” is in fact an oxymoron‚ for in order for someone to claim that it is good he must judge it. Good judgment varies from person to person based on what he/she believes to be “good.” Nonetheless‚ good judgment is generally used to describe an action that is beneficial to oneself and this is why often
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Enron: Leadership without Ethics and Practical Execution Enron‚ once one of the largest energy public companies globally‚ achieved a $65 billion asset volume but only took 24 days to go bankrupt. Initially‚ its main service is extracting natural gas and manufacturing energy-using products‚ but the excessively aggressive and benefit-oriented type of operation makes the company create lots of so-called "innovative" investment department and financial products. All these activities played as the
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What makes your collage life exciting? Is it because you can meet your friends? Or maybe you like to study at school? Well I hope you enjoy listening to the professors’ lectures. Anyway‚ there are many things that can make your collage life to become a wonderful one. Now‚ I will tell you about a person who made me always experience a great collage life every day. His name is Kim Tae Jin. He is my senior. He is almost like a mentor to me because up until now‚ he teaches me how to study as an engineering
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The overall cause for Enron’s bankruptcy should be blamed on former chairman and CEO‚ Kenneth Lay. As an Enron executive‚ all of Lay’s concerns should have been focused on Enron’s profits‚ but all he cared about was his property. When he noticed Enron’s financial problem‚ he did not attempt to fix it‚ but made effort to maintain his own benefit and ignored the whole company’s and investors’ loss. His selfish and unethical behavior not only deceived the investors but also finally resulted in Enron’s
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