Enron And The Enron Scandal - 1588 Words

Enron was a corporation located in Houston, Texas and in just fifteen years the US energy trading and utilities company grew to become one of America’s largest and more successful cooperation’s. Enron suffered a major fall. After being one of the most successful corporations Enron became the biggest company to file bankruptcy in history. In this research paper it will discuss about the history of Enron, the fraud committed and who is to blame. The historical development of white collar crime in the Enron Corporation was committed for financial gain. The Enron scandal is an example of a continuing trend of falsifying data in the history of white collar crime. Falsifying data has been a problem that has been happening for a long†¦show more content†¦Enron became the largest seller of natural gas in America. In August 2000 Enron stocks reach almost $91 a share. As reported by Li, its annual revenues rose from about $9 billion in 1995 to over $100 billion in 2000 (2010, p.37). It has been more than a decade ago since the Enron scandal in Houston, TX. Enron was also known for one of the largest fraud scandals in American history. After so many years of power and successful deals and contracts, the company suffered a collapse and the company suffered rapidly. Both Lay and Skilling were headquartered in and also head in the entire fraud, scam and scandal of the Enron Corporation was best known for. Even though records show executives of the company made hundreds of millions of dollars and was going in the right track the successful corporation collapsed, and cost investors as much as seventy billion dollars its shares trading for about $90 each. Furthermore, Lay was convincing his employees to hold on to their stocks and purchase even more. Meanwhile, executives were selling their stocks. Enron executives learned that they faced a major problem for hiding and allowing inflating, the offshore and loose of the company to happen. Enron executives also attempted to hide the debt with the help of the US Security and Exchange Commission but were unsuccessful. Enron’s investors had no idea of the fraudulent activities occurring in theirShow MoreRelatedEnron And The Enron Scandal1387 Words   |  6 PagesEnron, The Shadiest Guys In the Room When you ask young people about the Enron scandal today, most of them have not even heard of it. The fact of the matter is, it is very relevant to young professionals today. Enron is the most recent story of classic Wall Street greed and fraud. However it is still argued today by different stakeholders who are is responsible. This essay will take the viewpoint from multiple stakeholders to use the Enron Scandal as an example to further explain American corporateRead MoreEnron : Enron And Enron Scandal Essay1269 Words   |  6 PagesEnron was one of the largest energy, commodities, and services company in the world. It was founded in 1985 and based in Huston, Texas. Before its bankruptcy on December 2, 2001, there are more than 20,000 staff and with claimed revenues nearly $101 billion during 2000. Enron was the rank 16 of Fortune 500 in 2000. In 2001 it revealed that Enron’s financial report was planned accounting fraud, known since as the Enron scandal. In the Enron scandal , Enron used fraudulent accounting practices to coverRead MoreEnron And The Enron Scandal847 Words   |  4 PagesThe Enron scandal, discovered in October 2001, eventually led to the bankruptcy of the Enron Corporation, an American energy company based mostly in Houston, Texas, and also the dissolution of Arthur Andersen, that was one amongst the 5 largest audit and accounting partnerships within the world. Additionally, to being the most important bankruptcy reorganization in American history at that point, Enron without doubt is the biggest audit failure. it s ever the foremost notable company within theRead MoreThe Enron Scandal Of Enron1052 Words   |  5 Pagesskeptical about accountants’ reliability when the Enron scandal occurred. In October 2001, SEC started an investigation against Enron for improper accounting practice. According Sherron S. Watkins, the former vice president for corporate development, Enron failed to disclose complicated deals with its partnership s to inflate the stock price. In a report by Enron’s law firm, Arthur Andersen, the accounting firm that was in charge of auditing Enron, was involved and failed to report the partnershipRead MoreThe Enron Scandal Of Enron Essay1458 Words   |  6 Pagesevent that took place in our economy was the Enron Scandal, which happened in late 2000 and lasted into the following year. Those who were involved in this incident directly such as CEO’s Ken Lay and Jeff Skilling thought what they were doing was not wrong and that they were able to get away with making millions falsely (Seabury, 2008). However, this was a serious crisis situation and many people were affected through the process as well as their money. Enron was valuing themselves at a higher priceRead MoreEnron And The Enron Scandal2247 Words   |  9 Pagesor ethics class, the â€Å"Enron Scandal† as a lot might say is brought up to teach all the students a lesson about ethics and how regulations in the acco unting world were enacted. The â€Å"Enron Scandal† dealt with two parties, first Enron itself, and then their auditors Arthur Andersen. Enron used to be one of the most innovative companies in the world, and Arthur Andersen was the biggest professional services company in the world, so when they both fell after the so called â€Å"scandal† it completely changedRead MoreEnron Scandal1477 Words   |  6 Pagesï » ¿Current issue: Scandals in auditing Enron Scandal 1. Introduction Accounting scandals are political or business scandals which arise with the disclosure of financial misdeeds by trusted executives of corporations or governments. These days, not too often, these scandals are splashed as headlines across media. Why? Because there are complex groups of stakeholders who might be seriously affected by the scandals. Enron scam was the most remarkable scandal in 20 centuries by their institutionalizedRead MoreThe Enron Scandal854 Words   |  4 PagesThe Enron Scandal Background Enron Corporation was an American energy, commodities, and services company based in Houston, Texas. Before its bankruptcy on December 2, 2001, Enron employed approximately 20,000 staff and was one of the world s leading electricity, natural gas, communications, and pulp and paper companies, with claimed revenues of nearly $101 billion in 2000.[1] Fortune named Enron America s Most Innovative Company for six consecutive years. At the end of 2001, it was revealedRead MoreEnron Scandal2150 Words   |  9 Pagesdescribed the ethical and governance issues of the Enron scandal that took place in 2001. In this paper, there is information about the way things went the way it did with the Enron scandal. They hide a lot of documents pertaining to how their profits increase so rapidly. It also includes the close link Kenneth Lay had with George Bush. The investigators had some help with what happened in the scandal of Enron. Enron scandal at a glance Enron had grew from nowhere to becoming Americas seventhRead MoreEnron Corporation : The Enron Scandal Essay1172 Words   |  5 PagesThe Enron Scandal The objective of an audit is to â€Å"obtain reasonable assurance† of the credibility of the financial statements of a company . However, in some cases auditors can fail to recognize – or intentionally ignore – misleading data within a company’s financial statements, leading to negative outcomes for lenders and investors. This report will discuss the Enron scandal in which the auditing firm Arthur Andersen LLP turned a blind eye to the fraudulent actions of Enron Corporation, leading

Marianne Moore s The Fish Essay - 2016 Words

Marianne Moore’s nature and artistic background contribute to her modernist style and is prominent in her poem â€Å"The Fish.† Marianne Moore wrote in the 1930’s, a decade of change. Moore is characterized as a writer who uses overall nature, art, life, modesty, and humor. Her writing is recognized by its descriptions, and observations of people, places, animals, and art. Her poems reflect the relationship between common and uncommon (â€Å"Marianne Moore† Poetry Foundation). Marianne Moore’s biographical background contributes to her symbolic writings. Moore’s mother is the person who most inspired her. She came from a divorced home and lived with her mother and her grandfather. He was a presbyterian pastor. Her father was absent in her life due to the fact that he was also institutionalized. Moore’s early jobs inspire the nature part of her writings. After college, she was in charge of the commercial department of the United States Indian School at Carlisle. She taught subjects such as bookkeeping and typing to young Indians. In 1918, she decided to move to New York where she taught at a private school. Three years later she was an assistant at the Hudson Park branch of the New York Public Library (Garrigue 194). Moore’s early career choices to be a painter and interest in biology influenced the scientific and artistic aspect of her poetry. She wanted to be a painter like Carlos Williams. She decided to study medicine and caught an interest for biology. In an interview sheShow MoreRelatedAnalysis Of The Poem The Fish 1047 Words   |  5 PagesAnalysis February 25, 2015 â€Å"The Fish† Imagism is a style of poetry that employs free verse and the patterns and rhythms of common speech. The poet is free to write about whatever they want. The goal is to unify voice and image into a talking picture. Poets then have the power to make words into things. This then creates a picture for the reader. Marianne Moore is able to perfectly get her point across without directly stating it but making it clear enough. Moore’s poem â€Å"The Fish† uses syllabic verse, toRead MoreLife Experiences And Hardships Through Figurative Language1849 Words   |  8 Pagesexplore the deeper meanings and connections of the world. The twentieth-century poet, Elizabeth Bishop used poetry to prove her connections with the world, while also identifying her own personality and experiences. A variety of her poems like, â€Å"The Fish,† â€Å"One Love,† and â€Å"In The Waiting Room† connect to various stages of her life. Drawing on her past, Bishop was able to use relatable situations to create images of true life in her poetry and reach out to her audiences about identity and family. Growing

Digitization of Library Materials Free Essays

The Usage of Information Communication Technology in Science and Technology Information Networks in Sri Lanka R. P. R. We will write a custom essay sample on Digitization of Library Materials or any similar topic only for you Order Now N. Premarathna No. 361/1, Manel Watta Road, Bollegala Gonewala (w. p. ), Tel. 0714307681, Email. ranjan. nishantha@gmail. com A number of cooperative programmes including exchange of information can be seen among member libraries of the Science Technology information networks in Sri Lanka. At present most of information networks in other countries engage in their cooperative activities by using Information Communication Technology (ICT). This research attempts measure the impact of Information Communication Technology for cooperative activities of information networks among science and technology information networks in Sri Lanka. Sri Lanka Scientific and Technical Information Network (SLSTINET), Agricultural Information Network (AGRINET), and Health Literature Library and Information Service (HELLIS) have been selected for the research. These networks properly carry on library cooperative activities. The aim of the study is to find out whether they use information communication technology to do their cooperative activities. Data has been collected from these three networks and their member libraries by sending questionnaires. Questionnaires were sent to 60 out of 120 member libraries of SLSTINET, 25 out of 30 member libraries of AGRINET and 12 out of 19 member libraries of HELLIS. Data analysis has been done by calculating mode, mean and representation of percentage values. Data has been presented by using table and diagram. It was found that the Usage of Information Communication Technology can be seen in some house keeping function (a computerized catalogue, creating data bases, internet searching, CD ROMs searching and using emails) of the networks. It is used in cooperative programmes like contributing to union catalogue and ULIST, current awareness service through the email and providing access to online journals also. Some member libraries in networks do not have computer hardware and software facilities. Lack of allocating financial provisions and lack of attention of mother organizations, have affected the use of information communication technology. It was found that up to a satisfactory level ICT is being used in science and technology information networks in Sri Lanka. Keywords: ICT; Information Technology; Information Network; cooperative programmes; AGRINET; HELLIS; SLSTINET How to cite Digitization of Library Materials, Papers

Hamlet Foils free essay sample

Many playwrights utilize foils to assist the audience in deeply understanding the meaning of a play or the motivations of the characters . Foils are minor characters that have similarities or differences with a major character. Often the minor character is in the play so that the major character has someone to speak with. The similarities between the foil and the major are typically gender, same social class, or being in the same situation. The differences between the two may be an important aspect in their character. In his play Hamlet, William Shakespeare uses the Ghost, Laertes, and to foil Prince Hamlet and help define his character for different points. The Ghost of Hamlets father is a foil for Hamlet. The ghost is featured in the play for two large reasons: establishing the conflict, showing a supernatural improbability to Hamlets character, and giving Hamlet someone to speak with. The ghost gives the information of how he died and who committed the murder. We will write a custom essay sample on Hamlet Foils or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page While Hamlet is talking with the ghost, he becomes very angry with his mother and uncle. He decides he wants revenge from Claudius for the murder of his father. Both Hamlet and the ghost believe Claudius should pay for what he has done, although neither do anything about it. Among others, one similarity between the ghost and Hamlet is that they remain in the same social class. Along with similarities, Hamlet and the ghost have a few significant differences that contrast Hamlet. The ghost was murdered before the beginning of the play; however, Hamlet dies at the end of the play while he was fighting with Laertes. When Hamlet and his father talked about his mother, he said he wanted to punish her for what she has done. The ghost told him to leave his mother alone and that she would eventually be punished. The ghost said it was fine for Hamlet to go after Claudius. Hamlet was mad at his mother for marrying his uncle and the fact that she did not wait long enough after her husbands death. The ghost helps to explain why Hamlet wants revenge. Laertes is another foil for Hamlet. A strong reason that Laertes was in the play is so that Hamlet would have someone to fight at the end of the play. Both Hamlet and Laertes want revenge for their fathers death: Laertes contrarily wants revenge from Hamlet. Hamlet killed Polonius by accident when he was in his mothers bedroom because he thought it was the king. Hamlet and Laertes love Laertes sister Ophelia. Both are very distraught over her death. When Laertes finds out, he is mad and really wants to kill Hamlet. Laertes blames Hamlet for the death. Hamlet did not want anything to happen to her because he told her they could not be together. He was afraid he would turn out to be just like the rest of his family. Laertes and Hamlet have a few differences between them. Their disposition throughout the play was very different. Once Hamlet found out who murdered his father he started to act very strange. He wanted everyone to believe he was going crazy so they would not know what he was up to. Everyone began to believe that there was something wrong with him. Laertes did not hide his true feelings. When he found out about his father, he was very angry. He wanted Hamlet to pay for what he had done. Another difference between the two was their locations during the play. Hamlet was in the play from the beginning. Laertes was in Paris and did not show up until after his fathers death.