Rampart scandal

Watergate, an office complex located near the Potomac in Washington never seemed to serve as such an important place as it did on the evening of June 17. 1972. On that evening a burglary took place that not only would shape the rest of current President Nixon’s term in office, but would also shape how the American people see their President, and how the American people sees their government. Nevertheless, the story of the robbery came to Woodward on a Saturday, quite confused by the location of…

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…

be different had this unfolded in this time with social media being the way it is. In the article Editorial: Watergate: The Unfinished Business the author is clearly unhappy with the way president Nixon had been handling the Watergate scandal and how long it had taken him to accept responsibility. The author felt that Nixon had not done enough as he stated in the article that the president was determined to do no more than the least that is required(Washingtonpostcom, 2016) . Based…

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…

Phar-Mor Inc. was a discount drugstore chain that was founded in 1982 by Michael J. “Mickey” Monus. Within ten years of their first store opening, Phar-Mor had 310 stores, and over 20,000 employees in 34 states. Mickey Monus also owned Tamco warehouse, which was the distributer for Phar-Mor. Mickey Monus also owned 60% of each of the ten teams in the World Basketball Leage (WBL). While everything seemed to be growing, and succeeding rapidly, in reality the company was losing money. Between…

screenplay for the film that is based on the 1974 book written by Carl Bernstein and Bob Woodward that is also named All the President’s Men (Perkins). In addition, the authors are the two journalists that handled the investigation of the Watergate scandal for The Washington Post. The film stars Robert Redford as Bob Woodward and Dustin Hoffman as Carl Bernstein. All the President’s Men has been nominated 21 times and has received 16 awards. The film won four Oscars in 1977 for the following…

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…

I: EXECUTIVE SUMMARY Green Rope Incorporated, my new employer, faces lawsuits due to some failures of the wire rope which caused a number of casualties in various construction sites as a result of poor quality wire product. Because of this, GRI is at a brink of closure. Meanwhile, as a former financial analyst of Red Wire Corporation, I had a chance to join a stock-taking team and walked through the plant, and saw the critical process and specially designed machine that was internally developed.…

ABSTRACT Fall of Enron Corporation, popularly known as Enron Scandal which ended with filing bankruptcy on 2nd December 2001. It was one of the largest bankruptcy that America seen at that time and their story became common research for investigators and researchers. Enron was seemed to doing well in 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…