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Essay

The Adelphia Scandal

Essay specific features

 

Issue:

Social Issues

 

Written by:

Marquita J

 

Date added:

February 28, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

4 / 1107

 

Was viewed:

9511 times

 

Rating of current essay:

 
Essay content:

The family has been accused of stealing $3.1 billion from Adelphia and is now facing criminal charges. Adelphia was forced to file chapter 11 bankruptcy and as of April 24, 2004, the new board of directors made the decision to break up the company and sell it. The Adelphia scandal is morally wrong because the Rigas family coerced and exploited employees, harmed all stakeholders as well as stockholders, and had a negative impact on the cable industry as a whole...
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The Rigas family exploited and coerced employees by stealing $3.1 billion from the Adelphia Corporation for their own personal use. An example of the Rigas family exploiting an employee is when John Rigas asked an accountant to take out a $20,000 loan in the accountant's name. John Rigas never paid him back...
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General issues of this essay:
Accountant Accountant Liabitlity Accountant'S Liability To Third Parties Accountant Accountant Accountant Adelphia Scandal Assistant Accountant accountant Being a Business Accountant Chartered Accountant The Accountant The Dilemma of an Accountant Bill Frecnh Accountant The Adelphia Scandal
 

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