Enron scandal

Enron was one of the biggest corporation in America. The rise, the downfall and the journey of Enron itself can be a big lesson for all the other corporate companies. Big successes usually come from some evil or do bring some evil with it. ‘The Smartest guys in the room’ the title itself clarifies the new and unique strategies brought forward by Enron. People in Enron felt so superior and drunk in the success that they stopped being human and lost humanity. All they could see was money and the…

Shell oil began functioning out of Nigeria in 1937 under the name Shell D’Arcy. Upon discovering the first commercial oil field in 1956 in the Niger Delta, Shell Nigeria began exporting oil in the year of 1958 and has been doing so ever since. At one time, oil exportation was seen as a way to transition from relying solely on the agriculture industry for exportation and move into what was thought to be the booming economy of oil. The locals of the Niger Delta area have experienced little to no…

Gross Profit Reflection Paper When an organization face a froud, it is not an error for the guilty person; this is more a mistake from the own organization system. it might sounds conflicted, however, the management of the sytem is not well monitores or prepared for any mysterious activity. Of course there are several activities that an organization is not able to notice them because we are more concern and worried for those top amd big mistakes instead of the little ones. I have to mention that…

Prevention of Oppression Lord Cooper in the Scottish case of Elder vs Elder and Watson Ltd. cited that the behaviour complained should at least involve a visible deviation from the standard of dealing of the company, and violation of fair play condition where every shareholder who assigned their money to the company is eligible to rely. Moreover, the complaining member should show that he is facing oppression in his own capacity as a member but not in some other capacity. To create…

6. The turnaround post the bankruptcy and suggestions General motors had faced the issue in 2008 because of the downturn in its sale and went on for bankruptcy. Company had made turnaround since then and within five years of huge equity infusion by the US government, company had come out of crisis. In 2009, company was on the verge of being liquidated and was set to be closed. But it made a turnaround by restructuring itself. At that time, there also a fear that no one would like to buy a car…

lie. His personality is also described as charismatic. “The magic of his personality is how easy it is to believe him,” said Diana in the interview. He was standup guy who shaped the stock market or at least that was how he was perceived. When the scandal broke, people were shocked that this guy who they thought…

1. According to the article, there are various Arizona state government agencies suing Arthur Andersen. More specifically, the litigation was brought by Arizona’s Corporation Commission (Securities Division), as well as the state’s attorney general. The principal allegation of the lawsuit is that Arthur Anderson ignored clear signs and evidence that one of its clients—the Baptist Foundation of Arizona (BFA)—was engaged in ongoing fraud. The firm’s response is that Arthur Andersen did everything…

No Country for Old Men by Cormac McCarthy is a story consisting of two main themes. They are violence and greed. The personality of one of the main characters provides an additional grotesque element as well. Each of these three topics are direct results of each other, the physical violence was a result of the greediness of Moss and the personality of Chigurh determined the amount of physical violence that happened in the story. The first theme in the story is greed. Llewellyn Moss came by…

F. Scott Fitzgerald uses characterization of Gatsby to further develop the theme that deceit comes in many different forms. Gatsby is telling Nick about what type of businesses that he used to work in that led him to his present wealth. Gatsby said, ¨I was in the drug business and then I was in the oil business, but I'm not in either one now¨ (Fitzgerald 80). Gatsby states that he achieved his wealth through the drug and oil businesses. However, it's not exactly known on whether he's being…

I Herbert Hoover was born aug,10,1874 with two other siblings in a two-room, cottage built by my father in west branch iowa .When I was six my mother Lou passed away due to a heart attack and when I was 9 years old my father Jesse died .When I was 11, I was put on a train going westbound to live with my mom's brother. I had so little money that some times I lived in the barracks housing construction workers building a university. I went to Stanford University and I served as financial…