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Essay

Prison Time for Ebbers

Essay specific features

 

Issue:

Business

 

Written by:

Gracie M

 

Date added:

October 21, 2015

 

Level:

University

 

Grade:

B

 

No of pages / words:

6 / 1621

 

Was viewed:

8424 times

 

Rating of current essay:

 
Essay content:

Scandals involving corporate Chief Executive Officers (CEO’s), Chief Financial Officers (CFO’s) and the violation of laws governing financial operations have recently been displayed on the front pages of magazines, newspapers and journals. Lying, stealing, cheating, and having no remorse for the consequences of their actions are the basis of prosecution claims in federal cases...
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Individuals and organizations commit these acts to obtain money, property, or services; to avoid the payment or loss of money or services; or to secure personal or business advantage.” (United States Department of Justice [USDOJ], 1989) Ebbers was prosecuted by the Securities and Exchange Commission (SEC) for engaging in a fraudulent scheme to conceal WorldCom’s poor financial performance...
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General issues of this essay:
Case Study of Business Ethics at WorldCom; Should Ebbers have gone to jail? impact of stock split on the stock return Prison Time for Ebbers role of shareholders should the Federal Reserve intervene every time the stock market takes a plunge? Work-Life Balance: The Potential Must Be Realized Discovered: The New Harry Potter Revolutions: Gains & Losses what if china discovered america? who really discovered america Hobby Losses Huge Franciscus “Is mathematics discovered or invented?” Saving Lives With Losses Unions: Job Security or Job Losses
 

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