Wells Fargo was caught in a scandal where employees would create fake emails and secretly issue credit cards without the customer’s consent. Employees opened more than 1 million bank accounts and issued more than half a million credit cards. As a result Wells Fargo fired the suspected employees for opening accounts without authorization of the customer. This led to employees to file “A class action in California seeking $2.6 billion or more for workers who tried to meet aggressive sales quotas…
Article 3 of the California Accountancy Regulation permits a CPA licensed in a state other than California to perform public accountancy services in California. A CPA licensed in a state other than California would require approval from the California Board of Accountancy (CBA) to perform public accountancy services in California if (1) they have been formally declared guilty of a criminal offense, (2) they have been punished in a professional capacity, (3) they have pending charges of…
Only an overriding public need can justify intrusion into anyone’s privacy.” As seen, the story that Woodward and Bernstein were working on was on a government scandal about how extremely significant political individuals were actually corrupt and were committing fraudulent and unethical crimes against their country for their political gain. And while neither Woodward nor Bernstein had any idea about the monumental…
lawbreakers. The Clinton family has been monopolizing the ideology of, the already distrusted, political system. In light of her recent run for the presidency, I decided it would be best to shed some much needed light onto the subject of her past scandals, present, and inevitable future. As Louis Brandeis once said, “sunlight is said to be the best of disinfectants.” Bill Clinton decided that it would be best to fire everyone in the White House’s Travel Office and replace them with his elite…
The movie started out weird and I was confused with what was going on and who was who or who worked for who. The movie started out with someone trying to rob some type of office which was later found out to be the office of a democratic public official. Bob Woodward of the Washington Post tried to interview a lawyer that was attending the case but was not in the case but the lawyer did not give out any information and said that he knew nothing about what was going on and gave no type of…
On Point “I hope you’re comfortable working for On Point Laboratories, Mr. Parker,” stated the individual in his two-button Givenchy suit as he walked out of the room. 28-year-old Miles Parker smiled to himself, taking out his binder and setting it near the computer. As he fumbled with his worn-out satchel, he found himself wondering how he claimed a job at the top-secret On Point Laboratories, which was located on Tahiti. Placing the satchel under the desk, Parker turned on his Canon EOS 650D…
wasn’t the actual burglary that ended Nixon’s presidency, but his extreme effort to cover up White House involvement. John Dean, Nixon’s attorney for the scandal, who eventually turned against him in order to save his own reputation and career, wrote The Nixon Defense: What He Knew and When He Knew it , which focuses entirely on the Watergate scandal, explained that The Washington Post, particularly reporters Bob Woodward and Carl Bernstein were some of the top names on Nixon’s “Enemy List”…
business-to-business advertising, primary demand ad, selective demand ad, direct action ad, and indirect action ad. The three main components of the advertising industry are advertisers, agencies, and the media. Towards the beginning of the Watergate scandal, before it really broke open, it was largely ignored by most news sources. Carl Bernstein and Bob Woodward were intrigued by what was going on with Watergate and were called to work on a story…
According the Alex Gibney’s movie, I would say that I believe in the correctness of Joel Bakan’s arguments. Enron Company shows “psychopathic” traits that provide effect to their employees and other people lives. The actions involve immoral actions, shadow business and money manipulations that destroy people careers. Joe Bakan gave clear view that what Enron did was planned. Moreover, Enron took a risk that could make a huge profit, however; was over their opportunity. In my opinion,…
On August 4, 2009, the Securities and Exchange Commission (SEC) fined General Electric Company (GE), $50M for reporting false and misleading financial statements. The transactions occur were not in compliance with Generally Accepted Accounting Principles (GAAP). Furthermore, the four accounting violations occur in 2002 and continued through 2003. The SEC identified risks that uncovered four separate accounting violations, and GE corrected the last of the violations in 2008. The violations are as…