Case: The Fall of Enron Enron was so admired prior until 2000; they grew to a powerful company. In 1985‚ Internorth acquired Houston Natural Gas to form HNG/Internorth‚ a natural gas pipeline company. This company was renamed to Enron. At the time of Enron’s creation‚ the U.S. gas market was in the middle of deregulation. In 1985‚ rules were established that allowed gas users to realize the cost savings by purchasing gas at spot prices and separately contracting with pipeline firms for delivery
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The greatest achievement in ancient Rome was the creation of the aqueducts. A history professor at the university of Louisville stated that “Aqueducts channeled thousands of gallons of fresh water into Rome each day‚ supplying hundreds of public water-basins and bathing establishments throughout the city” (Gigante 1). The fresh water from springs was carried thousands of miles into Rome every day. This water ran into the public water-basins and baths throughout the city. A widely published and well-known
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In the classical period of Greece and Rome‚ Greece had a direct democracy in where the people elected leaders to represent them. Rome had a republic in where the people had a lot less say in who led them. However in both Rome and Greece the people felt they had a strong connection to their government and they felt as though they were in control. In terms of interaction with other cultures‚ Greece and Rome both had a part in Christianity. They actually had a Greco- Roman religion that had influences
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The Seneca Falls Declaration was written in 1848 at a convention in Seneca Falls New York. Two Quaker women‚ Lucretia Mott and Elizabeth Cady Stanton‚ organized the convention. The idea for the convention came about when Mott was denied a seat at an international antislavery meeting in London. The convention was comprised of 240 people‚ 40 of whom were men. The Seneca Falls Declaration was modeled after the Declaration of Independence. The Deceleration of Seneca Falls has an introduction that
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JOG FALLS Jog Falls‚ created by the Sharavathi River falling from a height of 253 meters is the highest plunge waterfall in India Located in Shimoga District of Karnataka‚ these segmented falls are a major tourist attraction. It is also called by alternative names of Gerusoppe falls‚ Gersoppa Falls and Jogada Gundi. Associated with the waterfall is the nearby Linganmakki Dam across river Sharavathi‚ and the hydro-electric power station that it serves. The power station has been operational
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corruption of Rome became the start of a new Empire that conquered most of the known world at the time of its existence. In 5th century B.C.E.‚ Rome was a new nation with a set of morals unlike any other culture. Their morals defined their Republic but as time passed these set of morals was lost and so was their form of government. Through corruption and power hungry rulers began the transformation of Rome from a Republic to an Empire. This thirst for Power started after the Punic Wars between Rome and Carthage
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Horseshoe Falls. The illumination of the water falls with different colors of the light creates an effect which is grand‚ magical and brilliant. At night‚ when the water falls are illuminated with different shades of the light‚ I notice the genuine gladness on people’s faces around me. I discover a small boat in the mist of the waterfalls in the river below which is a breathtaking view. I witness some kids in school uniforms‚ who appear to be from a Canadian school on the porch overlooking the falls. The
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The Fall of the Roman Empire The Ancient Roman empire was one of the most prominent and successful societies of its time period. By the end of their reign‚ the Romans had conquered almost all of the Mediterranean including parts of present day Europe‚ Asia‚ and Africa. Rome was at its strongest during the rule of Augustus Caesar‚ this time was known as the “Pax Romana” or Roman peace. It wasn’t until later‚ when Emperor Trajan took over in about 98 C.E. that the Empire reached its peak. After
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Are you a crazy nerd that loves history‚ especially Ancient European History? Well‚ if this is the case‚ you’re in for a special treat today that will be very informational. You’ll be able to learn all you need to know about Greece and Rome and their similarities and differences. In Greece‚ the government started out rough because there wasn’t any unity due to many city-states. Since they weren’t united‚ all the city-states had their own version of a government that was unique to each city-state
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Amaranth was a hedge fund based out of Greenwich Connecticut started by Nicholas Maounis in 2000. At its peak‚ Amaranth had 9 billion dollars in assets and employed 115 employees. Amaranth began by trading convertible bonds and made a lot of profit through convertible arbitrage by simultaneously buying and selling convertible securities and common stock to capture gains from a difference in prices. Because convertible securities were often mispriced‚ this trade was very popular and as the rest of
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