accounting scandals was disclosed during 2005 which involved a material mis-statement due to false transactions during 2000. This scandal set to prelude leading the downfall of AIG in 2008. In this paper‚ I will analyze the cause‚ the transactions and finally effects of the scandal. The Accounting Scandal The Players The CEO of AIG was Maurice “Hank” Greenberg. Greenberg joined AIG in 1962 and led AIG for thirty eight years until his retirement in March 2005. Greenberg was not only the CEO‚ but
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De Leon‚ John Louie D. C. De Leon‚ Jose Carlo D. C. Dizon‚ Maria Dominique S. 1. Should social scientists be permitted to conduct replications of Milgram’s obedience experiments? Zimbardo’s prison simulation? Can you justify such research as permissible within the current ASA ethical standards? If not‚ do you believe that these standards should be altered so as to permit Milgram-type research? Social scientists should not be allowed to undertake replications of Milgram’s obedience experiment and
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Price and Quantity Adjustments for Australian Tourism and Hospitality Products. EXECUTIVE SUMMARY: This report is aimed to provide knowledge about the fundamental microeconomics which is demand and supply. Through the research of books and online information‚ the following report demonstrates the information about the change in supply and demand by price and non-price determinants. These would be illustrated through the analysis of three different scenarios. In addition‚ the report also
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tropical cyclone of the 2005 Atlantic hurricane season. Katrina destroyed imports of crude oil and caused a number of refineries in its path to shut down temporarily. It prompted denunciation by politicians of greedy refiners and gasoline dealers‚ and proposals for federal legislation prohibiting "unconscionably excessive" gasoline price increases. Many states have an anti-gouging law set in place during disasters. But yet just a year before all of this occurred the price of gas was around nearly
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predictions of the future. By examining historical data and the current information they can decide if and how much to invest. b. China Airlines‚ a potential customer would be interested in the financial information to determine the quality of the products and services and to determine if they could meet warranty obligations. c. Henry James‚ a real estate investor would be interested in seeing their financials to estimate the current jobs availability in the surrounding markets. He would also like
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Jordan Todd English Composition 1 Self Argument Essay Should tobacco products be banned? I believe they should because they kill about 400‚000 prematurely every year. Tobacco products kill more people than illegal drugs do such as cocaine‚ heroin‚ and methamphetamine. People get arrested for having marijuana in their possession and they don’t have to be smoking it but studies show that cigarettes are more harmful to a person’s health. I say they should make tobacco illegal as well because
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(551-479 BC) priorities were with human society‚ government‚ customs and personal virtues. He was a down to earth philosopher that reasoned that we should not waste our time thinking about what is outside our realm of human existence. Life and death and other metaphysical concerns were simply irrelevant to Confucius and he felt our focus should be on just living. Much of our own democratic government today is in thanks to Confucius ways of thinking. He made bold ideas for reform which was mostly
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1. What global changes prompted the Monroe Doctrine? What were its key provisions? How does it show American’s growing international presence? John Quincy Adams served as James Monroe’s secretary of state. He was afraid that Spain would try and colonize Latin America. He drafted a message to Congress‚ which became known as the Monroe Doctrine. Some of the key provisions stated in this draft were that the U.S. would oppose colonization by European powers in America‚ the U.S. would not interfere
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Ancient civilizations dating back to the Neolithic period around 10‚000 B.C. have fermented and consumed alcoholic drinks. The Egyptians believed that the god of wine‚ Osiris brewed the first beer with the most fundamental essence of life‚ and the alcoholic drink was essential to their survival. Whether it be with the purpose of getting drunk‚ to appease the gods or as primitive medicine‚ every developed society throughout human history has held alcohol to be an important aspect of life in some way
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The Superior Race People that live in a geographic location that has more resources‚ will gain more advantages over others. Native Americans and Africans‚ for example‚ lived in geographical locations that offer limited resources and no technology leaving them at a disadvantage. Whereas‚ Spaniards and Europeans live in a geographical location where there are a lot of resources and technology‚ putting them at an advantage. Jared Diamond‚ a Professor of Geography at UCLA and author of Guns‚ Germs‚
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