Copyright Financial Times Information Limited Jul 9‚ 2002 Ron Beaumont‚ chief operating officer of WorldCom‚ is one of several senior executives who should have been aware of discrepancies in the telecommunications company’s books before the near-$4bn fraud was revealed last month‚ according to people close to the company. The fraud that was allegedly engineered by Scott Sullivan‚ the chief financial officer who was fired the day the scandal was announced‚ led to a massive overstatement of WorldCom’s
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WorldCom was one of the leading telecommunication companies prior to its application for bankruptcy protection on July 21st‚ 2002. The firm’s decision to file for bankruptcy was a shocker move considering the amount of revenues and asset base the company had. It is believed that the firm was highly involved in fraudulent bookkeeping between the year 1999 and 2000 where they had managed to overstate its taxable income by at least $7 billion. It was also revealed that the company had committed itself
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Roy Cooper is the current Attorney General for North Carolina. He is a democrat and is running for Governor this election against the current Governor‚ Pat McCrory. Based on the views that he has expressed‚ he would be considered a Progressive. His stance on issues such as education‚ local and big businesses‚ and social justice are what make him a Progressive. One of the issues that Roy Cooper has made important in his campaign is the state of education in North Carolina. On his website‚ he makes
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Conflict in Ethical Decision Making at WorldCom Kerry Seeley Business Ethics MT4200 National American University September 25‚ 2007 Craig Chaplin Abstract This paper explains how WorldCom began and where it’s at now. It didn’t take long for WorldCom to become the second largest long distance phone company. WorldCom provided a legal framework for people working in communication projects on an individual basis‚ mainly in Central America‚ but they also developed projects together with partners
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http://www.tandfonline.com/loi/gacr20 To Tell or Not to Tell? The Ethical Dilemma of the Would-Be Whistleblower Janet Malek Ph.D. a a Department of Medical Humanities‚ Brody School of Medicine‚ East Carolina University‚ Greenville‚ North Carolina‚ USA Available online: 11 May 2010 To cite this article: Janet Malek Ph.D. (2010): To Tell or Not to Tell? The Ethical Dilemma of the Would-Be Whistleblower‚ Accountability in Research‚ 17:3‚ 115-129 To link to this article: http://dx.doi.org/10.1080/08989621003791929
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Anderson Cooper was born in 1967 to writer Wyatt Emory Cooper and Gloria Vanderbilt‚ of the Cornelius Vanderbilt line. He was raised in New York City and was enrolled in the prestigious Dalton School during his teenage years. Though privileged‚ his early was marked by tragedy‚ with his father dying when Cooper was only 10 years old and his only brother committing suicide. These events‚ however‚ are what pushed him toward a career in journalism. He would go on to attend Yale University‚ graduating
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Cooper Industries Case Study Introduction: Cooper Industries Inc.‚ is considering an acquisition of Nicholson File Company‚ a candidate for the company’s diversification program. Cooper CEO Robert Cizik approached Nicholson three years prior and was rejected‚ but the circumstances have changed and there is a real opportunity for Cooper to acquire Nicholson. Our team of analysts will evaluate the company’s financials to determine whether or not this is a smart acquisition for Cooper. Based off
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• Acquisition of firms with stable earnings and counter cyclical to those Cooper Industries (E.g. Investment in electrical business in 70s). • Acquisition of firms with high quality products & firms that were market leaders. • Focussing on products that served basic needs & were manufactured by proven technologies so that Cooper gained consistent earnings from stable markets with predictable growth. • Transferring proven practices around company rather
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Cooper Industries’ Corporate Strategy Case Analysis Company Vision The vision of Cooper Industries‚ as stated in the case‚ was to do an ‘outstanding job at the unglamorous part by making necessary products of exceptional quality.’ The goal was to operate in industries that had become somewhat of a necessity for consumers. Examples of such industries include: power transmission‚ hand tools‚ drilling and others. Cooper industries had started in 1833‚ as an iron foundry‚ and had existed most of
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The mini is a very historical car. The original mini was designed in 1959 by Sir Alec Issagonis. Two years later the Mini took on a more racing and sporty model called the Mini Cooper‚ named after the racing expert John Cooper. Minis are known to be a smaller‚ sportier car with maximum interior space for the driver and passengers. In 2002‚ BMW managed to bring back the retro image of the Mini‚ while at the same time making it modernized‚ affordable and safe. The Mini appeals to 2 dominant target
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