Enron was once one of the world’s leading electricity‚ natural gas‚ pulp‚ paper and communications companies. However‚ in December 2‚ 2001‚ Enron suddenly filed for bankruptcy. During the ten years before Enron¡¦s went bankrupt‚ Enron¡¦s management had started transferring Enron¡¦s funding to personal accounts and made fake balance sheets‚ which provided investors information about how this company goes. (Gibney‚ 2005) These illegal actions‚ performed by certain individuals‚ finally led Enron to
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Enron is frequently given as an example of creative accounting. It is also given as a good example of accounting fraud and insider trading. This is a good example of creative accounting taken too far - not many would disagree that it was accounting fraud‚ although some would say they were just unlucky to get caught. after all‚ the auditors were Arthur Anderson‚ at the time one of the most respected auditing firms. Creative Accounting – Example 1 – Creating multiple trading entities The creative
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Obesity: Who is at Fault? Name University of International Business and Economics Obesity: Who is at Fault? It is no secret that an increasing amount of Americans are gaining weight and much of this blame is put on fast food establishments such as McDonald’s‚ Wendy’s‚ Burger King‚ and Krystal’s‚ to name a few. According to Warren Belasco and Philip Scranton (2002)‚ “The increasing consumption of convenience foods is an international trend influenced by changing lifestyles” (p. 3) From a superficial
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his actions caused‚ and what may happen in the future so he takes another leap of faith‚ and assigns two men to go out and seek all of Duncan’s family and kill them. Many people argue about who is at fault for the murder of Duncan and other deeds committed like the killing of all of his family. Macbeth is at fault for the events that transpired in Macbeth‚ he
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ambitious general named Macbeth who meets three witches that tell him he will become Thane of Cawdor and eventually‚ king. He believes them after he is made the Thane of Cawdor by King Duncan. His ambition leads him to kill the king and several others for power. His paranoia and guilt causes him to go insane‚ which makes his men lose faith in him and Malcolm and Macduff to fight against him. This leads to Macbeth’s bloody death. All of the events in the play were Macbeth’s fault. If Macbeth had not let ambition
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He didn’t just cause problems with the Capulets by killing Tybalt‚ but he also got himself banned. Of course some could argue that none of this is his fault. That his parents should have guided him better. Especially his mother‚ she should have been there when her son’s heart was broken. But she was not. And even though she was not there for him‚ there was no need for him to act out. The young Montague
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Case summary – Enron Corporation’s Weather Derivatives Steve Haik‚ Dan Sleker and Bas van Bellegem – March 2003 Background In October Mary Watts‚ CFO of Pacific Northwest Electric (PNW) reviewed the forward plan for PNW’s 200-2001 season. PNW’s has been experiencing nearly no EPS growth since 1995 due to deregulation and warmer-than-average winter climate. The stock price had suffered accordingly‚ but there maybe a way to hedge the weather risk via a new “weather derivative” being proposed by
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Shelley’s Frankenstein is the story of a man who creates a creature‚ and through neglect‚ prejudice‚ and self-interest creates a monster. Mary Shelley was born to Mary Wollstonecraft a feminist writer. Although Shelly’s mother died from complications during Mary Shelley’s birth‚ many of Wollstonecraft’s ideas can be seen in Frankenstein. Her ideas are especially present when discussing whether it is the monster’s fault he is a monster or whether it is the fault of the prejudicial society he was forced
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The Enron Controversy: Techno-Economic Analysis and Policy Implications Girish Sant and Shantanu Dixit PRAYAS Subodh Wagle CEEP‚ University of Delaware‚ USA The Enron Controversy‚ Prayas‚ Sept. 1995 4 Ÿ The Enron Controversy Contents Summary 1. Power Purchase Agreement (PPA) Between Dabhol Power Company and Maharashtra State Electricity Board: Structure and Implications 2. The Enron Deal: Why the First Stage Should Be Cancelled 3. The Enron Controversy: Alternative Options For
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did sin‚ she remained true to herself and wore the A as her duty. However‚ Dimmesdale‚ whom was the dad‚ preached and kept punishing her even though he committed the same sin. I agree with Carpenter and his views. Hester’s sin was not completely her fault. The author explains‚ “Because Hester Prynne was so perfectly loyal and loving that she would never abandon her lover‚ she was condemned by the Puritans” (Carpenter). I believe Hester never tried finding a way out of her punishment nor did she ever
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