ADELPHIA COMMUNICATIONS SCANDAL REVEALED ________________________________________ The Adelphia Communications Scandal Created Controversy. The Fraudster Got Sympathy From the Judge and Received a Light Sentence for Stealing From Old Folks. ________________________________________ The Adelphia Communications scandal broke in 2002 when a footnote in a routine quarterly earnings statement revealed that the Rigas family had borrowed more than $2 billion from the company. But they didn’t pay it back
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Report for Case 1: The Bribery Scandal At Siemens AG Siemens‚ originated by Werner von Siemens and Johann Georg Halske in 1847‚ now is one of the top companies which major business area is electrical engineering‚ and has millions of employees and operations in around 190 countries in the whole world. However‚ in 2007‚ two former managers of Siemens AG were proved to be guilty by a German court. The court accused them for giving money from company to employees of Enel Spa and asking for contracts
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Corporation‚ which once ranked among the top Fortune 500 companies‚ collapsed in 2001 under a mountain of debt that had been concealed through a complex scheme of offbalance –sheet partnership. Forced to declare bankruptcy‚ the energy firm laid off four thousand employees; thousand more lost their retirement saving‚ which had been invested in Enron stock. The company‘s shareholders lost tens of billions of dollars after the stock price plummeted. The scandal surrounding Enron‘s demise engendered a global loss
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Scandal In All Forms In today’s society most social media has a political concept. In some media it is obvious while others the message is more subliminal. Scandal is a TV show centered around our American government and man political concept. The show is centered around a love triangle Between the president‚ the first lady‚ and his ex campaign manager‚ and the main character‚ Olivia pope “A former White House communications director opens a Washington‚ D.C. crisis-management firm (Web‚ TV guide)
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BBA-4th sem 2012 AGRA UNIVERSITY ON CRITICAL ANALYSIS OF FUNCTIONAL STRATEGIES OF INDIAN TOBACCO COMPANY PREFACE It gives me a great pleasure to bring forth this project. BBA is a course that actually teaches business administration. Our project on FUNCTIONAL STRATEGIES OF ITC Company gave us ample information which is actually not found in the books. The practical facts as to how a company formulates different strategies have encouraged me to present this project. This project will enlighten
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Internal Revenue Service Scandal The Internal Revenue Service has been at the center of a controversial scandal along with a few political figureheads. This scandal has had Congress to convene several times and affected many officials. In Washington‚ lawmakers have had documents retained and personnel named to be summoned to testify. It is interesting that during a two-year period‚ 298 groups sought-after tax-exemption but a third of them received additional scrutiny. According to Shesgreen
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The Metropolitan Museum of Art has one of the finest Asian art collections that has enlightened and strengthened my understanding in my personal art experience. The Museum itself is an artistic architectural structure that graces the entire block on 82nd Street in Manhattan. Entering inside‚ I sensed myself going back into an era‚ into a past where people traded ideas and learned from each other. It is a past‚ where I still find their works of yesteryears vividly within my grasp‚ to be remembered
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pieces and indigenous art works. Like the Inuit Art Collection It is also like an art gallery simply filled with older art works. The art works date back to eighteenth century to present‚ many of which were from the French colonists. This type of exhibition relates to the question of how indigenous art should be displayed. This collection is a mix of First Nation’s people’s art and colonialist’s works from colonial time until now. This collection includes pieces from the colonial settlers and depicts
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An example of the Ford Pinto scandal‚ where organizational leaders mad bad decisions are related to the Ford Pinto catching fire when involved in a rear-end crash where a defect in design or manufacturing could lead to death or serious bodily harm. Ford had access to a new design which would decrease the possibility of the Ford Pinto from exploding‚ the company chose not to implement the design‚ which would have cost $11 per car‚ even though it had done an analysis showing that the new design would
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The Accounting Scandal Enron Corp. Collapse and WorldCom Accounting Scandal 11/18/2020 The Enron Corp. collapse Formed in 1985 from a merger of Houston Natural Gas and Inter-north‚ Enron Corp. was the first nationwide natural gas pipeline network. Over time‚ the firm’s business focus shifted from the regulated transportation of natural gas to unregulated energy trading markets. The guiding principle seems to have been that there was more money to be made in buying and selling financial
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