Watergate scandal

For my person to be researching, I am covering Bernard Ebbers. Ebbers committed fraud, and he tried to merge his company with Sprint. This action was brought to the attention of the Department of Justice. Who immediately dashed this possibility. Ebbers company had an investigation with the SEC. Which led to the bankruptcy and to his eviction. Bernard owed $400 million in margin calls. And he convinced the board to lend him that money, so that he wouldn’t have to give up important blocks of the…

I file this complaint against United Bank 129 Main Street, Beckley, West Virginia. United Bank facilitated a lengthy fraud-for-profit scheme. Former United Bank Vice President Michael Farris, United Title employees, United Bank’s escrow attorney James Sheatsley, United Bank Vice President Larry Conway, and other United Bank employees took part in the criminal enterprise. In addition, Zaferatos Appraisal, United Bank’s exclusive appraiser, performed inflated appraisals in all properties used in…

Clinton pardoned Glencore’s founder crimes (TV) It is possible that in the next weeks two of the largest mining companies in Colombia merge: Glencore y Xstrata. If they merge, they would take advantage of coal not only in a third of the Cerrejon mine, but also in La Jagua de Ibirico and Calenturitas in Cesar, Colombia Marc Rich and Co. founder, corporation that later became Glencore, Marc Rich, was in the Ten Most Wanted listed of the FBI. In 1984 Rudolf Giuliani, ex New York mayor, who then was…

I trust that Madoff occupied with making a Ponzi plan out of gluttony. Madoff He began implementing his hoax about a quarter century ago. An actuality that is much all the more disturbing about the way of this trick is the measure of philanthropies that were involved. It takes an unreasonable sense of greed to trick cash from philanthropies and houses of worship. The hoax itself bewildered numerous of people on Wall Street. Everybody in New York should know how Madoff could have pulled off…

After HealthSouth publicly became a traded company, their earnings were being escalated falsely. Management was under a huge amount of stress because they did not meet the standards of their business financially. When the company reported their earnings, they overstated them purposely. It fell under, “Income Before Income Taxes.” (Zmuda). Falling under the motivation of the fraud triangle, their sole motive was to meet their financial needs. Since they did not, between the years of 1999 and 2002…

Phar-Mor Inc. was one of the largest super discount drugstores in the early 1980’S.The Company was a complete success with over 300 discount super stores across the United States and employing thousands of workers. The company’s first signs of financial difficulty became obvious in 1988 as speculation increased about Phar-Mor’s decreasing profit margins. The fraud team consisted of several former auditors, including auditors who had worked for Coopers & Lybrand on prior Phar-Mor audits. The…

JPMorgan Chase & Co. is a financial services firm and banking institution headquartered in New York City. Under the Chase brand, the company offers credit card services, retail banking, and commercial banking. Under the J. P. Morgan brand, the company offers treasury services, private banking, private wealth management, asset management, and investment banking. Over 12,000 companies have been absorbed over the years into what is now JPMorgan Chase & Co., the oldest being The Bank of The…

I deeply feel that if people, in general, moved their emphasis on the casualties that were most in requiring it would most certainly influence the scandals result. In my opinion, organizations that are corrupted by scandal experience the stigma effects of shame a similar way people do. The Stigmatized associations may be disparaged in the media, have their magnanimous endowments rejected, and encounter a mass movement of capacity. The Securities and Exchange Commission said the trick went into…

The ten-year period of history between 1950 and today that I am going to research for my final project is the 2000’s. This period of history interests me because so many things took place from 2000 to 2010. I was very young during this time period, and I remember hearing my parents talking a lot about what was going on during this time. It makes me want to go back and do the research myself to see what happened and what they were talking about. Some major economic events that took place during…

Unfair treatment of minority shareholders in family companies and other closely related held corporations by persons in control of those corporations is so widespread that it had become a national business scandal. The amount of litigation growing out of oppression of minority shareholder (fancied, actual or fabricated) has shown growth tremendously in recent few years, and the flood of litigation shows no sign of putting an end to this nuisance. Minority shareholders often are deprived of any…