Kenneth Lay

executives to some accounting irregularities. She directed the higher-ups to the fact that the books and records for Enron were inflated. Company officials ignore Sherron’s warning. In the trials, Watkins duly noted that she “… fully expected Mr. Lay to conduct a thorough into my concerns.” Sherron became one of the important witnesses for the government but not the only one. In August of 2001, the company reached its 100 billion dollars in revenue. At the same time the CEO, Jeff Skilling,…

The article “How one Frenchman’s vision became our capitol city” by Kenneth R. Fletcher was posted on Smithsonian.com on April 30th, 2008. The article explains how Pierre L’Enfant went to conceive our nation's capitol. L’Enfant was a genius architect and a very important person in american history. L’Enfant’s most famous design was the Washington Mall. The Washington Mall was originally meant to be a long strip of land where events would be held and people could relax, and that's exactly what it…

Robert Kenneth Kraft was conceived June 5, 1941, in the town of Brookline, Massachusetts. He was destined to the group of Mr. and Miss. Harry Kraft; his dad was a dress maker in Boston's Chinatown. Kraft father was a definitive Jewish lay pioneer at Gathering Kehillath Israel in Brookline and he needed his child to wind up plainly a rabbi. The Kraft's family were a perceptive Standard Jewish family. Robert experienced childhood in Brookline, where he went to the Edward Commitment School in 1959,…

After Skilling’s resignation, Andrew Fastow knew the end was near and had to realize that the United States Supreme Court would not tread lightly on this matter after he had ripped off so many people and ruined the remainder of their lives. Fastow ended up pleading guilty to fraud, insider trading, and almost 100 counts of money laundering. After taking one look into the accounting sheets of Enron, the courts needed not to be convinced that Fastow was guilty. As for Skilling’s charges, he ended…

acceptance is also present. Bruce Dawe and Kenneth Slessor successfully portray the distress of war in their poems, whereas Sylvia Plath and Wilfred Owen show this feeling through different examples of suffering. Rudyard Kipling and Maya Angelou are two poets who I believed showed their readers how to accept things in life, whether you can influence them or not. These different poems show that many feelings can be portrayed through literature. Bruce Dawe and Kenneth Slessor both explore the…

that shared responsibility for the company’s fraudulent accounting statements. Three of the convicted individuals were Merrill Lynch employees involved in the Nigerian barge deal with Fastow. Ken Lay and Jeff Skilling, along with Richard Causey, Enron’s former chief accounting officer, are awaiting trial. Lay faces 11 criminal counts, Skilling faces 35 criminal counts, and Causey faces 31 criminal counts. Five executives from Enron’s broadband division are also awaiting trial. Three bank…

Gary Younge’s article “Why the Gun Control Movement Fails” was very effective. Younge establishes credibility by visiting with families who lost loved ones due to gun violence. He uses emotional appeal by talking about how Kenneth Mills Tucker was killed and he is logical in his presentation of facts at the end of his article. I will now explain how Younge establishes credibility in his article. Younge presents himself as credible in his article. It is important that he is credible in this…

After a traumatic event, the need for psychosocial support is indispensible. In the article written by Lena Junehag, Kenneth Asplund, and Marianne Svedlund, the need for psychosocial support after an acute myocardial infarction is supported. A support system for the AMI recovery patients is documented throughout the article with different variations of support. A problem within the healthcare system was found, which brings the need for improvement within the follow up care for recovering AMI…

White collar crime can be described as illegal acts, performed by educated people, for personal or organizational gain resulting from deception (Ferrell, Fraedrich, & Ferrell, 2013). With the growth in technology and globalization, individuals often discover loop holes in order to achieve internet fraud, credit card fraud, and healthcare fraud, in addition to insider trading. In addition, good people can be influenced into making bad decisions by following leaders within their organization.…

There were many reasons for the downfall of Enron, corporate governance being one of the main. The Corporate Governance Code issued by the Financial Reporting Council (2010) defines corporate governance as ‘the system by which companies are directed and controlled’. Boards of directors are responsible for the governance of their companies. The shareholders’ role in governance is to appoint the directors and the auditors and to satisfy themselves that an appropriate governance structure is in…