1965-November 1968 Ordered by US President Lyndon Johnson‚ Operation Rolling Thunder was designed to convince North Vietnam to halt support of the communist forces in South Vietnam without the use of ground forces. The plan was to destroy the transportation system‚ industrial base‚ and air defense of the North Vietnamese. Described by historians as an anatomical failure‚ Operation Rolling Thunder seemed almost destined to fail. - Approved on February 24‚ 1965‚ by President Lyndon Johnson‚ implementation
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scandals that happened seemed eliminate confidence by the business world about the practice of good corporate governance in the United States. Enron was a company that was ranked as seventh out of the five hundred leading companies in the United States and is the largest U.S. energy company that went bankrupt leaving debts amounting to nearly U.S. $ 31.2 billion. In instance with the case of Enron known occurrence of moral threat behavior such as manipulation of financial statements with a record 600
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Business Ethics Movie Summary Enron: The Smartest Guys in the Room The movie starts with a man named Kenneth Lay‚ he founded Enron. The idea of the film is a documentary of how Enron was managed‚ and by who it was managed‚ and what scandals they were up too. The name of the movie “ Smartest guys in the room” was given because it was not only Kenneth Lay behind the desk‚ he had a group of smart people managing Enron‚ one man by himself cannot manage to create a scheme‚ he needs help from a
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The Smartest Guys in the Room It was a profound story happened between two giant companies‚ both of which once marked as one of the greatest companies for decades in the American History. Enron‚ started as Northern natural Gas Company in 1930‚ creatively making its way through the Great Depression by opening up the natural gas market with its lower cost and developing extensive pipeline network with the unlimited low-cost labor resource‚ fell apart due to its creative use of the SPEs and related
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The Enron scandal A brief on Enron’s history Enron was formed in 1985 by Kenneth Lay after merging Houston Natural Gas and InterNorth. In the early 1990s‚ he helped to initiate the selling of electricity at market prices‚ The resulting markets made it possible for traders such as Enron to sell energy at higher prices‚ thereby significantly increasing its revenue. As Enron became the largest seller of natural gas in North America by 1992‚ Enron pursued a diversification strategy
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bookselling industry. I will answer the question‚ “How did the newer‚ more nimble company (Amazon.Com) prosper while the more established and older company (Borders Books) fail.” In the immortal words from a Grateful Dead Song from the 1980’s‚ “What a long‚ strange trip it’s been” for Jeff Bezos and Amazon.com. Mr. Bezos decided in 1994 to leave his lucrative position as a Senior Vice President at D.E. Shaw‚ a Wall Street Investment Bank firm and move to Seattle‚ WA with an idea to make money
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CS765 - Aspects of System Administration Slide 1 CS765 - Aspects of System Administration Filesystems and Disks Department of Computer Science Stevens Institute of Technology Jan Schaumann jschauma@cs.stevens.edu http://www.cs.stevens.edu/~jschauma/765-ASA/ Lecture 02: Filesystems and Disks January 30‚ 2006 CS765 - Aspects of System Administration Slide 2 Topics covered Adding‚ (re-)partitioning‚ mounting disks requires understanding of: basic disk concepts basic filesystem
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1. What did Arthur Andersen contribute to the Enron disaster? Arthur Andersen (AA) contributed to the Enron disaster when AA consulting became its own separate entity‚ named Accenture. Revenues from consulting services surpassed revenue from auditing services. A natural competitiveness grew between the two rivals and this is where the problems began to start. Management held maximinizing revenues as their primary focus of success and promotions/bonuses were based on this factor. The CEO of AA‚ Joe
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even forced to enter bankruptcy. Enron is one of the biggest examples of when making business ethical decisions go wrong. An American energy‚ commodities‚ and services company based in Houston‚ Texas Enron was a big deal. Employing approximately 20‚000 staff and was being one of the world’s leading electricity‚ natural gas‚ communications‚ and pulp and paper companies. Enron was a company on top on of the reason the fall was so drastic. Since Enron was the largest corporation contributor to
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Enron Scandal In 1985‚ Enron was formed by Kenneth Lay after the merging of Houston Natural Gas and InterNorth. In the 1990s‚ Lay helped to initiate the selling of electricity at market prices. Markets made it easier for Enron to sell energy at higher prices‚ which caused the company to get richer. Enron was the largest merchant of natural gas in 1992. In November 1999‚ the creation of EnronOnline enabled Enron to develop‚ negotiate and manage its trading business. By 2001‚ Enron became a
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