John Kenneth Galbraith

The financial indecency performed by Bernard Madoff changed the financial world forever. He is not only former non-executive chairman of the NASDAQ stock market, but the man to operate the largest Ponzi scheme in history. Upon further research relating the awful nature of a Ponzi scheme, many people after the ordeal were hurt and affected closest to him, especially his own children and the individuals following him around the world. This is truly the most deceitful monster like act ever done and…

A CEO took power too far that lead to himself behind bars. Dennis Kozlowski, CEO of Tyco International, and Mark Belnick, former general counselor, were both charged with more than 30 accounts of misconduct. Power lead Dennis to an unethical decision when it came to stealing money from his company and because of his actions, he was arrested and charged with millions of dollars’ worth of fines. Abusing power to benefit yourself only leads to consequences. Company Background . Johnson Controls is…

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…

Entrepreneur Dana Severson spent a week in tears after failure of his crowdfunding startup: Wahooly. The tears led him to an idea that has proven more successful than Wahooly. Severson launched Startups Anonymous, now a popular site for founders’ anonymous gripes, worries and stresses and since January, it has gathered more than 700 confessions, questions and stories (Financial Times). Well emotional factors depend on the individual personality of entrepreneur but some of them broke at failure…

Would you try the no-shower challenge? That is the question that author Katie Maguire asked her readers in the article, “3 Things That Happen When You Stop Showing For A Month”. In this article, Maguire dives into the positive outcomes of not showering for an entire month. She took the results from two journalists James Hamblin and Julia Scott, and compiled a list of three changes their body underwent while going without a shower for 30 days. While reading this article, I was very critical of…

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…

the beginning of 2001 but they forced to disclose their accounting practice in October 2001 and which is appeared as very creative and generally unaccepted high-risk accounting practices. This paper examines three person namely Jeffrey a Shankman, Kenneth lay and Louise Kitchen – their involvement in the scandal or relation with Enron Corporation. Their email data files are analyzed using Email forensic analysis tool MailXaminer to find various…

the modern realist paradigm? Second, how do these assumptions relate to the world of ancient Greece as described by Thucydides? While there are a multiple nuanced views of what constitutes realism, in his book The Tragedy of Great Power Politics, John Mearsheimer outlines three features of the international system. (Mearsheimer, 3) The first of these features is that there is no central authority that resides at the level above states which can protect them from each other. This view explains…

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…