Lewinsky scandal

We recently we brought you part one of this list of facts about the famous actor Dustin Hoffman. Here is part two of the list with seven more interesting facts about his life and career. Number Seven: He Got Paid $7.5 Million for a Week of Work The Meet the Parents’ star managed to negotiate a $7.5 million deal for just a week worth of work, on Little Fockers, after reshooting of some scenes was necessary. Ben Stiller and Robert DeNiro earned $20 million each, while the film itself grossed $100

There are a number of appalling facets about the 2005 documentary Enron: The Smartest Guys in the Room. This film details the rise and collapse of one of the most successful companies in modern times in the United States, and demonstrates a culture of debauchery that seemingly extended beyond its doors to encompass aspects of politics, legislation, banking, and general accounting principles and practices. In that respect, it is not without difficulty that the prudent viewer can determine just what

In a recent interview with Steve Kroft of CBS News (60 Minutes), Barry Minkow, the founder of ZZZZ Best Carpet Cleaning Company said "I started with the best of intentions, really I can say that. And when economic pressure reared its ugly head and I couldn't make payroll, I lied and stole and cheated." Prior to declaring bankruptcy, ZZZZ Best was one of the hottest stocks on Wall Street and Barry Minkow was known as the boy wonder of Wall Street. As the youngest CEO of a $300 million company Barry

Beginning in 2000, CMS Marketing, Services and Trading Company began to make energy trades that had no economic justification. As stated in the Securities and Exchange Commission cease and desist order ¡§CMS materially overstated its revenues, expenses and energy-trading volumes in 2000 and 2001 through the use of undisclosed round-trip energy transactions conducted by its Houston-based energy-trading division, MS&T.¡¨ These trades have now become known as "round-trip" trades. CMS issued false Press

This report aims at overviewing the case study regarding the fall of Enron Corporation. It is a business proposal to senior management aimed at identifying the factors and practices which led to the failure of respective organization. History of Enron Corporation Enron Corporation was established in 1985, by Kenneth Lay as a result of a merger between the natural gas pipeline companies of Houston Natural Gas and InterNorth (Healy and Palepu, 2016). Later, it expanded into 1,800 more products

has remained unchanged is the corruption within the police departments. In my paper I will be looking into an instance of police corruption scandal that happened in Los Angeles Police Department (LAPD). What gave rise to corruption,

Case One: The Bribery Scandal at Siemens AG Organization and Industry Overview: The case, “The Bribery Scandal at Siemens AG,” underscores how employee involvement with unethical behavior can cause irrevocable damage to a company’s reputation and ultimately their profitability and success. Werner von Siemens and Johann Georg Halske founded Siemens AG in 1847 in Munich, Germany as a manufacturer of telegraphic systems. Over the next 150+ years, the company grew rapidly expanding operations in

The Sarbanes-Oxley Act of 2002 (SOX) was a direct output of the financial statement fraud that sank industry giants such as Enron and Worldcom. 1. What are the primary goals and tenets of SOX with respect to fraud? The goals of the Sarbanes-Oxley Act are expansive, including the improvement of the quality of audits in an attempt to eliminate fraud in order to protect the public’s interest, as well as for the protection of the investors (Donaldson, 2003). Prior to the implementation of SOX

the numbers in the financial/accounting areas of the business or corporation. They do not do this for fun, but rather to make money. Something needs to be done before corporations really get out of hand. Thankfully, after the Enron Corporation scandal, the government has recently started to crack down on corporations and pay more attention to what they are doing. This is due to the extent of what Enron Corp did for so long. From approximately 1996 to 2001,

Fraud in the financial community is consistently hidden in "style." Since its beginnings in the "great depression," to now, "the great recession" fraud has undoubtedly taking many forms and styles. Subsequently, many non suspecting patrons have been severely damaged as result of this greed and corruption. Many of America's largest and most established individuals are not exempt from this form of style manipulation. As we will soon see, many individuals, including Bernie Madoff, have both the ability