Enron Corporation (former NYSE ticker symbol ENE) 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 major electricity‚ natural gas‚ communications‚ and pulp and paper companies‚ with claimed revenues of nearly $101 billion during 2000.[1] Fortune named Enron "America’s Most Innovative Company" for six consecutive years. At the end of 2001‚ it was revealed
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A Doll’s House is a play written by Henrik Ibsen. The play was set in the 1800s. This essay will convey the significant role of Dr. Rank in A Doll’s House.. Dr. Rank is a secondary character who is overshadowed by the main characters Torvald and Nora Helmer. Dr. Rank gets easily overshadowed in A Doll’s House because his few actions in the play do not affect the outcome. Nora is by far the most significant character in the novel. Nora is the main character who famously leaves her children and her
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“A white paper is a government report outlining policy or authoritative report on a major issue. White papers discuss a specific business issue‚ product‚ or competitive situation.” The Aftermath Affects On December 2‚ 2001‚ Enron filled for bankruptcy under chapter 11 of the US banking code. This sudden collapse of one of Fortune 500 largest companies shocked the world. Once the world’s largest energy company‚ Enron’s scandal became the largest bankruptcy recognition and was attributed as the
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The Importance of Rank Structure in the Marine Corps Rank structure is important to the Marine Corps because it form one of the fundamental backbones of military service. Many believe that with rank structure the Marine Corps or any other military organization could not function. This is has been proven fact over the centuries by the countless of mob armies that has arisen in history of the fall apart because they had no clear leadership. One of the ways that rank structure is important is
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Natural Gas‚ became CEO‚ and the next year won the post of chairman. From the pipeline sector‚ Enron began moving into new fields. In 1999‚ the company launched its broadband services unit and Enron Online‚ the company’s website for trading commodities‚ which soon became the largest business site in the world. About 90 per cent of its income eventually came from trades over Enron Online. Growth for Enron was rapid. In 2000‚ the company’s annual revenue reached $100 billion US. It ranked as the seventh-largest
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Dr. Rank hold‚ and one which they both passed to Nora in the play. This idea is first introduced by Helmer in reference to Krogstad when he says that “An atmosphere of lies infects and poisons the whole life of a home. Each breath the children take in such a house is full of the germs of evil” (Ibsen 183). This line plants the idea in Nora’s head that a parent’s moral wrongs may negatively affect their children. This is later shown to have become a belief of Nora’s when‚ in reference to
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1. What led to the eventual collapse of Enron under Lay and Skilling? The collapse of Enron seems to be rooted in a combination of the failure of top leadership‚ a corporate culture that supported unethical behavior‚ and the complicity of the investment banking community. In the aftermath of Enron’s bankruptcy filing‚ numerous Enron executives were charged with criminal acts‚ including fraud‚ money laundering‚ and insider trading. Ben Glisan‚ Enron’s former treasurer‚ was charged with two-dozen
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Coffee Production‚ output of 300‚300‚000 kg Cotton Production‚ output of 27.0 million bales Cow Stock‚ 281‚700‚000 cows Fish Production‚ output of 6‚318‚887 tons (capture 3‚481‚136 & aquaculture 2‚837‚751) Garlic Production‚ output of 833‚970 tons Rank 5 1 1 1 2 2 2 2 5 1 3 6 2 1 3 Date 2010 2009 2010 2008 2008 2008 2012 2010 2004 2008 2010 2011 2011 2009 2005 Contents 1 Agriculture‚ Fisheries and Live Stock 2 Cities 3 Communications 4 Demographics 5 Economics 6 Environment 7 Geography 8 Globalization
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Enron The collapse of Enron Corporation an American energy‚ commodities and services based Company in Houston‚ Texas reinforces why unethical business practices are not the foundation for an enduring and sustainable enterprise. Good business practices is rewarding because it builds sustainable company‚ trust‚ integrity and organizational growth. In the article Enron ethics: Culture matters more than codes‚ reminded us that before the scandal‚ Enron appeared to have the best organization
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collapse of Enron had substantial and far-reaching ramifications throughout the financial investment field‚ tax compliance professions and the accounting profession. Intense Congressional scrutiny resulted in a new era of transparency in financial reporting‚ stricter reporting standards as provided in Sarbanes-Oxley and substantial penalties for failure to comply with new financial reporting and tax compliance standards in the Internal Revenue Code (Bottiglieri et. al.‚ 2009) Enron Assignment
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