Rampart scandal

Prior to its demise, Enron, an American energy, commodities, and services company, was one of Wall Street’s highest rated conglomerate. Enron was regarded as one of the most powerful and successful corporations in the world. Unfortunately, as America would learn, their success did not come without a consequence. Enron participated in side partnerships with investment banks, and was involved in special purpose entities also known as off-the-books partnerships, in order to hide company losses.…

Paras Gupta Professor Huff ENG 236 June 8, 2015 A Scandal in Bohemia Irene Adler is usually a fictional character within the Sherlock Holmes stories. She had been featured within the short history "A Scandal in Bohemia". She is one of the most well- known female characters within the Sherlock Holmes line, despite appearing in just one history, and is generally used as being a romantic curiosity for Holmes throughout derivative functions, though within the story it is made apparent that Holmes is…

Standard Oil Company was established in 1870 by John D. Rockefeller in Ohio (Exxon). Not too long after, in 1879 Standard bought three-quarters of Vacuum Oil company, which later became Mobil (Exxon). Three years later in 1882, Rockefeller formed Standard Oil into a trust which included the Standard Oil Company of New Jersey, which later became Exxon, as well as Vacuum, and many others (Exxon). However, following a Supreme Court decision the company was split into 34 unrelated businesses in 1911…

According to the Merriam-Webster Dictionary, trust is believing something is good, right, reliable, honorable, and dependable. Trust is something important in each and every day. From friendships, to the bonds of marriage, to the belief that things are going to do what they have always done; trust is important. People everyday put their trust in other people and things. People trust when they turn the key in the ignition of their cars, the car is going to start, or when they tell a friend a…

The client, Barae Pharmaceuticals had won a $2 million judgement against Bara Pharmaceuticals for the misuse of Barae’s name. Bara Pharmaceuticals had used Barae’s name inappropriately in the generic-label over-the-counter market. Bara, the defendant in the case, had closed down and filed for Chapter 7 bankruptcy when the judgement was entered. With the judgement entered and debt being incurred, the CEO and CFO of Bara had left the country and returned to South America. Additionally, the 125…

The wealth and Poverty of nations is a book that covers almost six centuries of long economic analysis of dozen of countries. The book has been written in a progression in economics throughout history. The main idea he believes the Western Nations became such wealthy nations because of political, economic institutions but most important social and culture. David S. Landes explains in the book by asking the big question, “why are some nations wealthily and other some nations poor? He explains…

Introduction The nineties were a strange, almost fantastical time; new technology was being created, Presidents were playing the sax on television, and Bernard, informally known as Bernie, Madoff was serving as the NASDAQ chairman. Bernie climbed the economic ladder, eventually being in control of millions of investments in 2008 until it was found out that he had been the head of the largest Ponzi scheme in America. Madoff’s case is not only important to the how expansive it was, but how…

Buffalo Creek Disaster Rough Draft The buffalo creek disaster is one of the worst coal mining incidents in the history of the united states. The Book Buffalo Creek disaster written by Gerald Stern is an expose on the wrongdoings of the NewYork based Pittston company but also a summation of the events leading to the 13.5-million-dollar settlement awarded to the victims. The book also serves the purpose of a basic depiction of how the court systems in America work. Gerald Stern served as a…

Before the Sarbanes-Oxley Act, in health care frauds, it has been the companies that have paid large settlements and the executives responsible have walked away with their profits. However, with this Act, executives are now personally responsible for any misstatements. The main objective of the Sarbanes-Oxley Act was to “enhance corporate responsibility, enhance financial disclosures, and combat corporate and accounting fraud” (sec.gov/about/laws.shtml). “This Act requires that Chief Executive…

BenQ, a Taiwanese-based company, grabbed the headlines all over the world on June 7, 2005 when it acquired Siemens Mobile, a lose making mobile phone division of Germany’s Siemens and later launched the brand, BenQ-Siemens. Subsequently the acquisition proved to be a strategic mistake, as the two companies could not successfully integrate. In October 2006 BenQ-Siemens filed for bankruptcy in a Munich court, surprising every one. This sparked a debate in Germany over whether BenQ had acquired…