questionable acts by traders and executives. Deep debt and surfacing information about hiding losses gave the company big problems and in the late 2001 Enron declared bankruptcy under Chapter 11 of the United States Bankruptcy Code. The Enron scandal‚ revealed in October 2001‚ eventually led to the bankruptcy of the Enron Corporation‚ an American energy company based in Houston‚ Texas‚ and the de facto dissolution of Arthur Andersen‚ which was one of the five largest audit and accountancy partnerships in
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An Ethical Analysis of the Enron Scandal The Enron scandal is one that left a deep and ugly scar on the face of modern business. As a result of the scandal‚ thousands of people lost their jobs‚ some people lost their entire pensions‚ and all of the shareholders lost the money that they had invested in the corporation after it went bankrupt. I believe that Kenneth Lay‚ former Enron CEO‚ and Jeffrey Skilling behaved in an unethical manner without any form of justification‚ but the whistleblower‚ former
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Utilitarianism In this essay‚ I will give a short summary of John Stewart Mill’s Utilitarianism. I will then examine the strengths and weaknesses of utilitarianism as illustrated in Mill’s Utilitarianism and point out that there are more dilemmas than advantages in Utilitarianism. In John Stewart Mill’s Utilitarianism‚ he begins by presenting a doctrine of ethics based on utility‚ or the Greatest Happiness Principle. He sets forth the idea that the only things that people want are happiness and
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The Hershey and chase experiment conclusively proved that DNA was the genetic material. Alfred Hershey and his lab technician Martha Chase carried out this experiment. The discovery began when Alfred Hershey believed that proteins were more likely to carry genetic material than was the simple DNA molecule. They decided to track the transfer of protein DNA between a virus and its host by the T2 bacteriophage as the vehicle for delivering genetic material. To reproduce‚ the bacteriophage injects its
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Money market trading strategies Looking at the prediction made‚ i.e. the money market interest rate will increase for the next six months‚ the team has come out with a few strategies to be undertaken in order to maximise the bank’s profit. The first instrument will be of the cash products‚ including overnight cash‚ 7-day cash and loan‚ and secondly‚ the discount security which consists commercial bills. 1. Overnight & 7-day Cash The bank can offer to take overnight deposits or make overnight
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century and the mother of modern dance. Her name‚ Martha Graham. Born in Allegheny‚ Pennsylvania on May 11th 1894‚ she was the daughter of a psychiatrist‚ born into a Presbyterian family. Graham had first discovered her interest in dance after her family moved to Santa Barbara‚ California in 1909. In 1911 Martha Graham watched Ruth St. Denis perform at the Mason Opera House in Los Angeles for the first time. According to the biography titled Martha Graham: Portrait of the Lady as an Artist‚ the
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A1457 Cooperatives: Principles and practices in the 21st century Kimberly A. Zeuli and Robert Cropp ABOUT THE COVER IMAGE: The “twin pines” is a familiar symbol for cooperatives in the United States. The Cooperative League of the USA‚ which eventually became the National Cooperative Business Association (NCBA)‚ adopted it as their logo in 1922. The pine tree is an ancient symbol of endurance and immortality. The two pines represent mutual cooperation—people helping people. COOPERATIVES: ii
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century by Isadora Duncan‚ Ruth St. Denis‚ Martha Graham‚ etc.‚ and characterized by bodily movements and rhythms less formalized than in classical ballet and less firmly bound to predetermined musical form.” Although this may have still been fairly new to American audiences‚ worldwide‚ the art form had developed a long history of accepted tradition by the turn of the 20th century. Martha Graham sets a perfect example of the modern dance growth. Martha Graham is regarded as one of the first pioneers
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Aladdin or Beauty and the Beast Sandra Stewart There seems to be a trend in movies recently: more interest in the human element‚ less in hi-tech spectacle. Ironically‚ two of the best movies I’ve seen in the last couple of years that explore the area of human relationships are cartoons. Both are Disney productions exemplifying the highest standards of artwork‚ complex musical scores‚ and a strong storyline. Beauty and the Beast and Aladdin are alike in these ways‚ but Beauty and the Beast‚ unlike
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Scandal In All Forms In today’s society most social media has a political concept. In some media it is obvious while others the message is more subliminal. Scandal is a TV show centered around our American government and man political concept. The show is centered around a love triangle Between the president‚ the first lady‚ and his ex campaign manager‚ and the main character‚ Olivia pope “A former White House communications director opens a Washington‚ D.C. crisis-management firm (Web‚ TV guide)
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