flight to Varennes onwards‚ Louis was largely responsible for his own downfall and execution” King Louis XVI of France had a reign full of turmoil and discontent. His popularity steadily declined throughout his rule‚ finally culminating in his execution in January 1793. However‚ it is still up to debate as to what factor was most influential in kick-starting the path to his execution – whether he was wholly responsible through his own actions‚ or if his downfall was caused by the French people or the
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The Enron scandal Tobias Pavel Mylene Encontro 910422 850224 Chalmers University of Technology Finacial Risk‚ MVE220 Examiner: Holger Rootzén 2012-12-02 Göteborg This report has been written and analyzed by both group members jointly. Abstract From the 1990 ’s until the fall of 2001‚ Enron was famous throughout the business world and was known as an innovator‚ technology powerhouse‚ and a corporation with no fear. The sudden fall of Enron in the end of 2001 shattered not just the business
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society had to paid lead to an obvious question: ‘Who’s to blame?’ The fingers are pointed to the United States of America‚ as it is obvious that this is where the crisis began‚ but who exactly is responsible? Many people believe that the banks are the only ones that are guilty‚ but this is just not true. The crisis was really a systematic failure‚ in which many problems in the system led to an eventual meltdown. The banking crisis began in USA and more precisely in its subprime mortgage market
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Hitler was responsible for the outbreak of World War 2(1939) to a significant extent. The many things that he did like going against the Treaty of Versailles which included the rearmament of Germany‚ his Lebensraum policy where he wanted to take over neighboring lands and gain more territory for Germany and his disrespect to the treaties he made. While Hitler was a great cause for World War 2‚ he was not the sole reason. The Great Depression‚ the weak leaders of the League of Nations and their
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Heinrich Himmler Was Heinrich Himmler‚ Reichsführer-SS and Hitler’s right-hand man‚ responsible for the implementation of the Final Solution - the extermination of the Jews? Heinrich Himmler was born in Munich‚ Germany on 7 October 1900. In 1923‚ Himmler joined the Nazi party. He became Reichsführer-SS in 1929. By the time World War Two broke out‚ Himmler was one of the most feared men in Nazi Germany and Europe. Heinrich Himmler devised the plans which led to the killing of millions of Jews. The
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The factors that lead to the "collapse" of civilizations are almost directly related to those that created it. Archaeologists characterize collapse by a number of elements‚ some of which we have evidence for‚ others we do not. Most archaeologists are unsure of exactly what caused the decline of most civilizations in the ancient world‚ yet there are many clues to some of the events that could have contributed. The collapse of the ancient Roman Empire‚ the Mesoamerican Mayan‚ and the Egyptian cultures
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JESSE LISATH‚: Defendant. : PLAINTIFF’S RENEWED MOTION FOR DEFAULT JUDGMENT Now comes the Plaintiff‚ Rodell Rahmaan (hereinafter “Rahmaan”)‚ by and through his undersigned attorney‚ and respectfully MOVES this Honorable Court for the entry of JUDGMENT BY DEFAULT against the Defendant‚ Roy J. Lisath‚ aka Roy Jesse Lisath (hereinafter “Lisath”)‚ for the relief demanded in the Complaint‚ specifically that any judgment later obtained by Rahmaan upon those claims which are the subject matter
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understanding of responsible commerce was‚ for companies to build a socially acceptable business‚ that not only conformed to shareholders wants but to that of society and the environment. Social responsibility is about being transparent so that the business has the trust of the community. It is about looking after all people who have an interest in the business managers‚ to employees‚ the community‚ government‚ it is all stakeholders. It is important because by building a responsible business you build
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A CASE STUDY ON ENRON CORPORATE FRAUD (2001) Submitted by: AMIT SHARMA PGDM (016)/09-11 What is FRAUD? In the broadest sense‚ a fraud is an intentional deception made for personal gain or to damage another individual. The specific legal definition varies by legal jurisdiction. Fraud is a crime‚ and is also a civil law violation. Many hoaxes are fraudulent‚ although those not made for personal gain are not technically frauds. Defrauding people of money is presumably the most common type
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Overview Enron Corporation‚ once the 7th largest company in US and a global leader of electricity and natural gas industries‚ filed for bankruptcy protection in late 2001. It was revealed that the company had been hiding investment losses and created fictitious revenue through several complicated accounting gimmicks. Besides Enron’s senior management who created the whole fiasco‚ many people believed that several other parties‚ such as the Board of Directors and the external auditors should also
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