of ethical issues raised in the movie “Enron-the Smartest Guys in the Room” but the four I am going to focus on are listed below. Art Anderson‚ Ken Lay and all of the other executives did a number of unethical things which ultimately brought down Enron and affected thousands of employees and their futures. The bottom line was that each and every one of them acted out of greed for the almighty dollar. 1- Encouraging employees to invest and buy stock in Enron when they knew the truth about the lack
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Enron‚ the Smartest Guys in the Room. Enron was involved in American’s largest corporate bankruptcy. It is a story about people‚ and in reality it is a tragedy. Enron made their stock sky rocket through unethical means‚ and in reality this company kept losing money. The primary value operating among the traders was greed‚ money‚ and how to make profits under any circumstance. The traders thought that a good trader is a creative trader and the creative trader can find any arbitrage opportunity
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| Currency devaluation and its effects on the economy | Focus on the Argentine economy | Agustina DalFabbro‚ Michele Mottola‚ Giuseppe Merlino‚ Saskia Diehl 26.05.2012 | Inhalt 1. Introduction 2 2. Convertibility and its problems in the 1999/2001 period 2 1.1 Previous Devaluation Process in Argentina 2 2. First moments of devaluation 3 2.1 Fixed exchange rate vs. floating exchange rate regimes 3 2.2 Two types of exchange rates and free floating currency 5 2.2 Free
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The Effects of Long-Term Unemployment on the U.S. Economy Unemployment is an extremely serious and scary issue due to the effect it has on our current state of economy. As a student and a future graduate‚ I am extremely concerned with this subject. If the job-market situation does not change for better‚ unemployment can represent a serious issue for all students‚ recent graduates‚ and current unemployed workers. And can have a significant effect on socioeconomic conditions and therefore‚ economy
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Presentation of Data 4-5 Analysis and Interpretation Causes 6-7 Effects 8 Solutions 9 Recommendations 10 Conclusion 11 Appendix Questionnaires 12-13 Bibliography 14 ------------------------------------------------- Aims and Objectives Aims 1. To describe the factors which lead to smoking in the community of Golden Spring. 2. To bring to ‘fore’ effects relating to the use of the demerit good‚ tobacco. 3. To outline the different
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Part 3 The bankruptcy of Enron not only significantly impact the employment and pension of workers‚ but also the relevant major financial institutions‚ including investment Banks‚ commercial Banks‚ pension funds and mutual funds. On Feb. 14th‚ 2002‚ the international accounting standards foundation chairman and former Federal Reserve chairman Paul pointed out that the obvious problems in accounting and auditing profession has formed a kind of crisis after a long-term period of existence. A typical
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The Failed Corporate Culture of Enron High risk accounting‚ inappropriate conflicts of interest‚ extensive undisclosed off-the-books activity‚ excessive compensation these are some of the headings of the report prepared by the U.S. Senate’s Permanent Subcommittee on Investigations titled "The Role of the Board of Directors in Enron’s Collapse." (Permanent Subcommittee on Investigations‚ 2002) In February‚ 2002‚ Enron’s former Chief Executive Officer Jeffery Skilling had testified before members
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Prior to the onset of World War I‚ England was a dominating super power but by the end of World War I‚ England lost its title. England’s economy plummeted because World War I cost millions of dollars and the debt incurred from the war was devastating to the country’s economy. According to bbc.co.uk‚ “England spent 3‚251‚000‚000 pounds on World War I” that’s equivalent to 4‚661‚446‚350.00 US dollars! In response‚ the government increased the amount of people who paid income tax from 2% in 1913 to
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Analyze the effect chemical warfare in WW1 had on the soldier. In World War 1‚ the development and use of poison gases were created mainly to end the stalemate risen by the unexpected trench warfare . These poisonous gases‚ such as mustard gas‚ were close to impossible to avoid in or out of a trench because they were denser near the ground when released‚ causing greater suffering to those ducking for cover. It wasn’t until World War 1 that chemical warfare was given a definition‚ the use of
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consider it as a store where lots of people love to shop at‚ and where sometimes‚ every once in a while‚ you look to see some crazy person. Wal-Mart has some causes for why it is here in our community‚ but there are some negative effects on the economy. Some causes and effects are locations‚ wages‚ buying power‚ local businesses‚ and jobs. To begin with‚ Wal-Mart’s location can help to increase property value. Some people may say that a Wal-Mart close to a housing development may decrease the value
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