Special Purpose Entity Enron had high levels of debt. To attract new investors‚ Enron needed to find a way to hide those debts. Andrew Fastow‚ CFO of Enron‚ turned to Special Purpose Entity (SPE). Several legal entities such as LJM and raptors were created and the poorly performing stocks were transferred to these entities. Then‚ the SPE were used to borrow large sum of money from investors with Enron’s overpriced stock as collateral. These SPEs were not reported on the financial statements. In
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How does your identity make different? Everyone is special in their own way‚ all though they can be similar. My favorite color is purple‚ I’ve met people who dislike purple. Before I walked into high school I was considered a tall person at 5’4 ‚but now I’m short compared to other people. When I was younger I used to live on a farm in South Carolina‚ my best friend was a chicken named May. I see myself getting better grades‚ completing all my homework on time. While I attend Drew I would like to
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I have a passion for science‚ a knack for math‚ a love for building and thinking visually‚ and I would be an excellent contributor to a lab research project. The most success I experienced in General Chemistry was in the lab component; I loved making what we were learning in class tangible in the lab and found writing lab reports to explain it all to be the most enjoyable part of the class. I earned a high grade on all of my lab reports‚ due to of the quality of my data. Many students had problems
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The environment in the Bing theater was very classical. There was people constantly coming in which surprised me because I thought that people stopped liking classical music. My first impression of the Bing Theater was that it was very organized because there were people to greet you and hand you a program at the door. The people attending was people of all ages‚ but I did notice that there was a fairly large group sitting together near the front of the stage. The people that attended were dressed
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Homeostasis is the process within mammals where the body systems work together to maintain a stable response to a fluctuating environment within the body due to changes in the external environment and input into the body. The homeostasis process is used during blood sugar regulation within the body. This is the process whereby the body uses hormones to keeps the glucose levels in the blood at a stable level to ensure the body’s optimum function. Blood sugar levels are determined by the amount of
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Down by Oil Industries Middle School there is a transfer student named Fracking who everyone loves for solving the low cookie crisis. What they did not know is that those cookies were way past their expiration date. The kids did not know this because the cookies simply tasted so great at the moment‚ for the rest of the week they were all sick from the spoiled cookies. This may seem as an “out there” analogy‚ but it was to simply put out there to depict how the populace is being blinded by the immediate
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A Survey of Agile Development Methodologies Agile development methodologies are emerging in the software industry. In this chapter‚ we provide an introduction to agile development methodologies and an overview of four specific methodologies: • Extreme Programming • Crystal Methods • Scrum • Feature Driven Development Plan-driven methods work best when developers can determine the requirements in advance . . . and when the requirements remain relatively stable‚ with change rates on the order of one
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Popular Culture & High Culture Popular culture is the culture that prevails in a modern society‚ adopted and appealing to large masses of people‚ normally the middle class citizens. Culture consists of the customs and civilizations of a particular group. Popular culture means that arte facts and styles of human expression develop from the creativity of ordinary people‚ and circulate among people according to their interests‚ preferences‚ and tastes. Popular culture is an ever-changing phenomenon
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The military culture has similar demands of that of families‚ which are an investment of time‚ energy‚ personal commitment to make thing happen for the unit‚ and personnel sacrifice for “the whole.” Both military and family cultures thrive on consistency and predictability. When military personnel return home‚ especially if wounded‚ they need to find a similar culture and system to help them transition and find a satisfying purpose. Often times‚ soldiers can place heavy demands of these cultural
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My hometown is Lahore. I was born in Lahore and I like it a lot. Lahore is a very important city in Pakistan because it is the capital city of the largest province in Pakistan. Right now I am living in my hometown and I wish live over here for the rest of my life. Lahore is a very big city with wide and beautiful roads. Lahore is also regarded as the educational hub of Pakistan as there are many educational institutes in Lahore. Lahore also has its significance for the fact that it was a very important
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