Jeffrey Skilling

Enron. It wasn’t for sure the work of one but a group of arrogant evil people. I believe Skilling to…

There are lots of reports, attention, and even movies record this famous financial issue. In the movie “Margin Call”, John Tuld (very similar with Richard Fuld, who was the CEO of the Lehman Brother) said, the toxic aspect of its asset make it dangerous enough to death, and will be transferred easy relatively. 2000 is the 150 anniversary of Lehman Brother. The World Trade Center Office of Lehman Brother destroyed in 2001 “9.11”, and move to Manhattan 2002. During 2002, Lehman Brothers build it…

Eddie Antar started a small electronic business in New York City in the year 1969. Antar dominated the NYC electronic markets around 1987 with 43 retail outlets, sales exceeding $350 million, and stock with a collective market value of $600 million. Antar personally realized more than $70 million from the sale of Crazy Eddie stock during his labor as the company’s CEO. Crazy Eddie collapsed in the 1980s after several allegations of financial wrongdoing from behalf of Antar and his associates.…

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…

out he was keeping around 43 million for himself. Though as we know Andrew Fastow knew a lot about what Enron was doing this whole time. The main focus however is what Jeff Skilling and Kenneth Lay knew because at this time they both were selling their stock in Enron at the same time. Though when this went to court Skilling denied that he had known Enron was going under along with Ken Lay. One former prosecutor who had been following the case said. “The chief financial officer is generally the…

Wells Fargo was caught in a scandal where employees would create fake emails and secretly issue credit cards without the customer’s consent. Employees opened more than 1 million bank accounts and issued more than half a million credit cards. As a result Wells Fargo fired the suspected employees for opening accounts without authorization of the customer. This led to employees to file “A class action in California seeking $2.6 billion or more for workers who tried to meet aggressive sales quotas…

Ben Parker, uncle to our very own Spiderman once said that, “With great power comes great responsibility,” something many corporate leaders of today simply do not understand. They are driven by greed and avarice to satisfy their selfish ambitions. This often comes at a very high price, the burden of which, more often than not, is borne by the society at large. In almost every case, these individuals build up a good public image of themselves, in the end only to betray the ones who trusted them.…

According the Alex Gibney’s movie, I would say that I believe in the correctness of Joel Bakan’s arguments. Enron Company shows “psychopathic” traits that provide effect to their employees and other people lives. The actions involve immoral actions, shadow business and money manipulations that destroy people careers. Joe Bakan gave clear view that what Enron did was planned. Moreover, Enron took a risk that could make a huge profit, however; was over their opportunity. In my opinion,…

The corporation is not made up of good and bad companies, it is one big, bad apple. The power of corporations in society has been dominate for a long time and especially since neoliberal policies, designed to curb inflation, strip away regulation, and privatize, took hold in 1980 (Bakan). Many corporations grew to have massive power and dominance in the market and on a political scale. Enron Corporation, during its prime, was no exception. Although Enron Corporation had grown to be one of the…

THE RISE AND FAll OF ENRON KARANJYOT SINGH LOVEPREET SINGH 000352171 000352551 WHAT WAS ENRON-Enron, a company headquartered in Houston, worked one of the biggest regular gas transmission organizes in North America, totaling in excess of 36,000 miles, also being the biggest merchant of common gas and power in the United States. Besides from gas and power Enron dealt with a lot…