Jeffrey Skilling

Bernard (Bernie) Douglas Banton was an Australian advocate for people suffering from asbestos associated diseases and social injustice, the campaigner was born in Sydney on the 13th of October in 1946, he had begun his profession at James Hardie & Co Pty Ltd From 1968 to 1974. James Hardie is an industrial building materials corporation headquartered in Dublin, Ireland. The company specializes in the manufacturing and shipping of fibre cement products and develops materials for the production of…

The men in the 19th century discovered the unbelievable properties of an unknown liquid. It turned out that by simple distillation, it could be metamorphosed into a lubricant and lighting oil, superior and much cheaper to those which were known till now. The only known substance which experienced this type of acceleration was gold during the gold rush. Oil was not an exception. The discovery of both of them intrigued the attention of major business tycoons. John D. Rockefeller was one of them.…

In chapter two of our Business Essentials book, the author discusses lobbyists and PAC’s. I could not believe what I was reading. I understand that lobbyists come in all shapes and sizes, from the concerned citizen speaking their mind to business conglomerates. What I didn't understand is how the government allows its elected officials to sit in these businesses or organizations back pockets getting rich as the average American suffers. Allowing those businesses to influence politicians how they…

On July 21, 2002, WorldCom, one of the nations leading companies in Telecommunications, filed for bankruptcy and exposed an $11-billion-dollar fraud, making it one of the largest in all time. Spearheading the scandal were six employees, Bernard Ebbers the CEO, Scott Sullivan the CFO, David Myers the accounting controller, Buddy Yates the Accounting Director, and Betty Vinson and Troy Norman the accountants. The scandal went to federal trial, and after six days of jury deliberation, all six of…

The Sarbanes Oxley Act of 2002 which was also called SOX was published by the Congress in 2002 to protect investors’ interest (SOX, 2002). After the enactment of SOX, corporate financial reporting was more strict and normative. However, there were a lot of accounting scandals before 2002. And the Enron scandal attracted the most public attention of all the scandals. Enron was created in 1985 and was one of the largest energy companies around the world. However, in 2001 and 2002 the company was…

In the case of United States vs. Walter Liew, Liew is being charged with over 20 criminal counts, with one of them being misappropriation of trade secrets (Levine). Liew had gotten paid millions of dollars by a Chinese company to apprehend trade secrets of the American company Dupont in order to solidify the company in China. Liew, 56, living in California, received 28 million in order to bribe engineers and other employees for confidential paperwork that the Chinese company wanted. What was the…

Jack Welch makes the famous CEOs list because his management style is taught at business schools throughout the country (and the rest of the world!). His trademark "the Welch Way" has become an online MBA program in its own right, as the graduate business program of Chancellor University. In addition to holding the distinction of being the youngest CEO at General Electric, he has also written two business books, wrote a regular column for Businessweek magazine, is frequently called upon as a…

According to Accountingdegree.org, the Waste Management Inc. Scandal was included in “The Top 10 Worst Corporate Accounting Scandals of All Time.” Waste Management formed in 1894 by Larry Beck and it has grown tremendously over the years. What began as an idea, sparked from one person hauling garbage in a wagon, soon turned into a successful production that currently provides service to over 20 million customers. The industry states it “Partners with it’s customers and communities to manage…

the case ordered by the judge, he testified saying “an organized, non-social, lust murderer`` who was methodical, shrewd and in control of what he was doing. Jeffrey Dahmer knew exactly what he was doing. He took precautions. He knew the consequences of his actions. But he did not want to stop.” Also saying, “``Nobody can deny that Jeffrey Dahmer is a sick person. he is not psychotic.. He was legally sane at the time of the offenses.” He testified that Dahmer suffered from Necrophilia, which is…

these killers are white men, motivated by sexual desires, and are anti-social. Why do we see so many serial killers like this? The answer could be attributed to two infamous American serial killers. They go by the names Donald Henry Gaskins and Jeffrey Dahmer. Donald “Pee Wee” Gaskins was a killer in the United States. He is best known for his nickname, “Pee Wee,” a name he was given due to his small structure. This feature contributed to an endless amount of mockery and ridicule. Early in…