1. The Enron executive team including Kenneth Lay‚ Jeffrey Skilling‚ Andrew Fastow and other executives‚ were the key players in the crisis. The business practices they used when creating hundreds of SPE’s and diverting large amounts of liabilities to those off-balance sheet entities. Enron was aware of the minimal accounting guidelines for SPE’s and used them to their advantage. To create such a complex “paper” structure‚ the executives had to have coordinate their plans with the accountants
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will help readers get a sense of how you became the person you are. Write down information about your childhood. What’s your earliest memory? What were your mother and father like? Did you grow up with siblings? Was yours a traditional or untraditional upbringing? What happened when you were a teenager? What led you to make the decisions you made? Did you go to college? Write about those transitory years‚ too. Write about your career‚ your relationships‚ your children‚ and any big life-altering
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How did the Constitutional Convention of 1787 and the period immediately following it deal with the issue of the debate between those who supported a strong central government and those who wanted more power given to the states? The Philadelphia Convention was an assembly of the brightest minds of American politics in 1787. Emerging from it was the Constitution of the United States‚ which gave the national government more power‚ but kept them restrained through a system of checks and balances
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When Jeff Skilling took the major energy company Enron over‚ he contributed to the hiring and development of an entire corporation with a crooked staff whom were corrupt all the way from the bottom employees to the top executives. Top executives “cooked the books” through a certain structured finance including accounting ambiguities‚ special purpose entities‚ and poor financial reporting. They were able to hide billions of dollars in debt from failed deals and projects. CFO‚ Andrew Fastow and other
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The Summary Generativity‚ “concern for and commitment to promoting the growth and wellbeing of future generations‚” (McAdams & Guo‚ 2015 p.475) first came to light when Erik Erikson noted it as a central part of middle adulthood psychosocial development and a contributing factor of positive mental health later in life. McAdams expands this theory noting that generative adults tend to narrate their lives following a redemptive sequence such that negative events or experiences of adversity lead to
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What are the Hurrian songs? Why are they important? The Hurrian songs were a set of fragmentary relics. They are importantbecause they are a nearly complete example of notated music from around 1400 BCE What is the Natya Shastra? Why is it important? The Natya Shastra is a written discourse on the performing arts. It is important because this document might represent the foundation of music and other fine arts Who were troubadours? What was their music like? The troubadours were traveling poet-musicians
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Enron was an energy company based in Huston‚ Texas. It was one of the innovative and also one of the seven largest company in the United States in 1990s. It had about 20‚000 employees at that time. The company was making profit from supplying natural gas and electricity until the late 1980s‚ but after that it expanded its operation to the trading of energy related financial products such as derivatives. Enron looked like a great company that makes a lot of profit however‚ in 2001‚ after the firm’s
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What is crime? Crime is the conduct that is in violation of the criminal laws of state‚ federal government‚ and local jurisdiction. In normal terms‚ breaking anything that the people who make laws finds to be wrong and immoral. Crime nowadays can be pretty much anything. There are so many different items and actions that society and lawmakers are making illegal. The criminal justice system has been established to control these crimes and to protect those of us that are victims and to punish those
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deadline is approaching which can result in hundreds of thousands of people losing their jobs. The local economy will take a toll as loss of job means loss of income‚ which can result in less spending at merchants. What is sequestration? Sequestration is a fiscal policy procedure adopted by Congress to deal with the federal budget deficit (cite CNN.com). Basically it is a way for the government to force spending cuts in the form of job loss. This action will supposedly help Congress eliminate the
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Answer the question ‘What is counselling?’ by outlining what you understand to be the key elements that constitute the practice of counselling. This discussion will begin by considering two definitions of counselling‚ moving on to identify key elements of practice and what makes counselling different from other professions where counselling skills may be used. Finally the discussion will consider the role of the British Association for Counselling and Psychotherapy (BACP) which regulates the
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