Kenneth Lay

“And the research awards go to … Bennington Junior High School, Bryan Middle School, Marrs Magnet Center… ” As they list the schools, our eyes search the screen eagerly for “Westside,” until we grasp we have not won. We bow our heads in dismay, but, internally, we bubble with anticipation and hope of winning the Post President’s Award. Once all of the categorical awards conclude, the announcer continues on to the four awards for distinction and the Post President’s Award, in other terms, the…

Joint Venture: Sony Ericsson By: Upasana Banerjee On October 1st 2001, Sony, a Japanese electronics company, founded in 1946, joined Swedish-born Ericsson, 70 years its senior, in holy matrimony. Ericsson used to get chips from Philips, but in March, 2000, a fire destroyed the production facility of Philips. Facing an acute shortage of chips, Ericsson was prompted to form a joint venture with Sony. Since joining forces, both companies have stopped producing their own mobile phones. Originally,…

control our investment decisions, and provides the foundation for making business-like decisions based on the basic “fundamental investing principles”. Moreover, through this book, Mr. Graham tells much practical advice to the common investors and lays out his philosophy of investing and some key investing ideas, which permit any investors to earn stable profits and reduce the risk by following his investing…

Phaneesh Murthy-An Introduction A business magnate, Mr. Murthy served as the Director of Infosys Ltd. In 2000 where he was fired from the company 2 years later. In 2003, Mr. Murthy became the Chief Executive Officer of iGate Corporation where he became the President in 2006 & later got re-elected in 2010. The board of iGate removed Mr. Murthy as President in May 2013 in view of an ongoing investigation against Phaneesh. An alum of prestigious institution such as the Indian Institute of…

In the case scenario, Mr. Wu is a 55 years old accountant. He had sudden onset of left sided weakness and drooling. So he was admitted to the Accident & Emergency Department. After CT brain scan, Mr. Wu was found suffering from right middle cerebral artery ischaemic infarct. He was then transferred to the stroke unit for further management. Several health needs are identified after conducting health assessment to Mr. Wu. Left-side weakness and urinary incontinence are selected for…

Allen Stanford was born in Mexia, Texas in 1950. He always had an eye for an opportunity. When he was 13, he made himself $400 by offering to clear a piece of land for a real estate developer on the condition that he could keep the felled trees to sell as firewood. He enrolled at Baylor University, the oldest college in Texas, in 1970. He studied finance, and according to James Davis, one of his classmates during college, while the rest of them were beating their brains out, Stanford was busy…

They stopped at the edge of a cliff. In a large expanse of ground beneath them, was the remains of a recently collapsed piece of land. For as far as Jingyan could see, the serpentine fissures that spanned the width of a house wound out from a steep sinkhole in the center of the land, creating an additional depth to the already sunken land. There was a heavy stench of lingering gunpowder and the fissures were filled with uprooted trees and crumpled earth. According to the maps, Jingyan once…

Following is a summary of the article: “Who by Lying, Who by Cheating, Who by Stealing, and Whom Shall I Say Is Calling?” by Alan Briskinn, posted on 09/28/2015 in the Huffington Post. His article was written post the VW debacle, wherein software was created to mask the large amounts of toxins released from cars sold to public as clean diesel. Results were obvious, devaluation of the share price of VW, forthcoming fines, VW on the top of case studies on Corporate Ethical Breaches. The author…

business persons to be aggressive against their competitors, but kind and gentle to their customers. Considering the example of Kenneth Lay, being a simple man, he was also a man of integrity who never flaunted on the wealth he acquired. Despite this, he was described to be arrogant gambler because he took risks boosting the firm’s stock price above all other firms. Kenneth Lay had many ethical selves. In some areas, he did good and ethical with many philanthropic efforts. It is worth noting…

He was introduced to the carpet cleaning industry at the age of twelve by his mother, who worked as a telephone solicitor for a small carpet cleaning firm. Due to the lack of barriers to entry in this industry (no licensing requirements, no apprenticeships to be served and only minimal start-up capital needed), it is not hard for anyone to start a carpet cleaning company. But at the same time, no barriers to entry meant that there was a cutthroat competition within the industry and it was not…