Enron - 3125 Words

Abstract The financial collapse of Enron had substantial and far-reaching ramifications throughout the financial investment field, tax compliance professions and the accounting profession. Intense Congressional scrutiny resulted in a new era of transparency in financial reporting, stricter reporting standards as provided in Sarbanes-Oxley and substantial penalties for failure to comply with new financial reporting and tax compliance standards in the Internal Revenue Code (Bottiglieri et. al., 2009) Enron Assignment The Enron scandal, revealed in October 2001, eventually led to the bankruptcy of the Enron Corporation, an American energy company based in Houston, Texas, and the dissolution of Arthur Andersen, which was one of the†¦show more content†¦UC s law firm Coughlin Stoia Geller Rudman and Robbins, received $688 million in fees, the highest in a U.S. securities fraud case (DeBare, 2008). At the distribution, UC announced We are extremely pleased to be returning these funds to the members of the class. Getting here has required a long, challenging effort, but the results for Enron investors are unprecedented (Davis, 2008). Sarbanes-Oxley Act Between December 2001 and April 2002, the Senate Committee on Banking, Housing, and Urban Affairs and the House Committee on Financial Services held numerous hearings about the collapse of Enron and related accounting and investor protection issues. These hearings and the corporate scandals that followed Enron led to the passage of the Sarbanes-Oxley Act on July 30, 2002 (Chhaochharia Grinstein, 2007). The Act is nearly a mirror image of Enron: the company s perceived corporate governance failings are matched virtually point for point in the principal provisions of the Act (Deakin Konzelman, 2003). The main provisions of the Sarbanes-Oxley Act included the establishment of the Public Company Accounting Oversight Board to develop standards for the preparation of audit reports; the restriction of public accounting firms from providing any non-auditing services when auditing; provisions for the independence of audit committee members, executives being required to signShow MoreRelatedEnron Of Enron And Enron1209 Words   |  5 PagesEnron Cooperation, is a company that was based in Houston Texas and was an energy company. This company filed bankruptcy in 2001 leaving a lot of its employees that had no knowledge about what was going on jobless and the company investors losing a lot of money. This was one of biggest companies in the united states, it had a lot of assets all over the country and was operating on a lot of profit that nobody knew how and why. The movie, â€Å"Enron, The smartest guy in the room† shows that the companyRead MoreEnron : Enron And Enron1143 Words   |  5 PagesEnron was formed in July 1985 by the merger of InterNorth and Houston Natural Gas (Enron Fast Facts, 2015). Kenneth Lay became chief executive of Enron and he hired Jeffrey Skilling to look after the company’s energy trading operation (The rise and fall of Enron, 2006). Skilling’s plan was to be basically a gas bank where buys gas from suppliers for future years at previously agreed prices and sells the gas to its customers in advance to purchase at specified prices for future years. By doing thatRead MoreEnron Of Enron And Enron1387 Words   |  6 PagesEnron was formed in 1985 from the merger of two gas companies from Texas and Nebraska. Enron became the first company with all-American network of gas pipelines. In 1997 Enron bought power generating company Portland General Electric Corp. worth $ 2 billion. Before 1997 ended, the management turned the company into Enron Capital Trade Resources which became the largest American companies that trade in natural gas and electricity. Revenue increased dramatically from $ 2 billion to $ 7 billionRead MoreEnron And Enron Of Enron1781 Words   |  8 Pagesâ€Å"During the Enron debacle, it was workers who took the pounding, not bankers. Not only did Enron employees lose their jobs, many lost their retirement savings. That s because they were at the bottom of the investing food chain.† In July of 1985, Houston Natural Gas merged with InterNorth, to create Enron, and Kenneth Lay became CEO the following year. In 1989, Enron began trading natural gas commodities. In 1997, Andrew Fastow devised the first steps to hide debts and inflate profits and one yearRead MoreEnron : Enron And Enron Scandal Essay1269 Words   |  6 PagesEnron was one of the largest energy, commodities, and services company in the world. It was founded in 1985 and based in Huston, Texas. Before its bankruptcy on December 2, 2001, there are more than 20,000 staff and with claimed revenues nearly $101 billion du ring 2000. Enron was the rank 16 of Fortune 500 in 2000. In 2001 it revealed that Enron’s financial report was planned accounting fraud, known since as the Enron scandal. In the Enron scandal, Enron used fraudulent accounting practices to coverRead MoreThe, Enron, And Enron1844 Words   |  8 PagesThe complete destruction of companies including Arthur Andersen, HealthSouth, and Enron, revealed a significant weakness in the United States audit system. The significant weakness is the failure to deliver true independence between the auditors and their clients. In each of these companies there was deviation from professional rules of conduct resulting from the pressures of clients placed upon their auditors (Goldman, and Barlev 857-859). Over the years, client and auditor relationships were intertwinedRead MoreEnron : The Collapse Of Enron1644 Words   |  7 PagesEnron was once one of the world s leading energy companies by reshaping the way natural gas and electricity were b ought and sold. They filed the largest corporate bankruptcy in American history in 2001. Enron Corporation was an energy company running out of Texas that was started when two companies, Houston Natural Gas and InterNorth, merged together in 1985. By 1992, Enron became the largest seller of natural gas in North America and began to offer other services like wholesaler trading and riskRead MoreThe Enron Scandal Of Enron Essay1458 Words   |  6 Pagesevent that took place in our economy was the Enron Scandal, which happened in late 2000 and lasted into the following year. Those who were involved in this incident directly such as CEO’s Ken Lay and Jeff Skilling thought what they were doing was not wrong and that they were able to get away with making millions falsely (Seabury, 2008). However, this was a serious crisis situation and many people were affected through the process as well as their money. Enron was valuing themselves at a higher priceRead MoreEnron : The Demise O f Enron1740 Words   |  7 PagesEnron was a corporation that reached heights unknown, only to watch it fall apart from the inside out based on a foundation of falsehoods and cheating. Enron established a business culture that flourished on competition and was perceived in society as an arrogant corporation, mainly because of its corporate leadership. The fairytale of Enron actually ended as a nightmare with it destroyed by one of America’s largest bankruptcies in history. The demise of Enron impacted the livelihood and futuresRead MoreEnron And The Enron Scandal1588 Words   |  7 PagesEnron was a corporation located in Houston, Texas and in just fifteen years the US energy trading and utilities company grew to become one of America’s largest and more successful cooperation’s. Enron suffered a major fall. After being one of the most successful corporations Enron became the biggest company to file bankruptcy in history. In this research paper it will discuss about the history of Enron, the fraud committed and who is to blame. The historical development of white collar crime in the

The Creation of Enkidu Essay - 2336 Words

Creation stories are symbolic accounts of how the world and its inhabitants came about. These stories first developed in oral traditions, so there are multiple accounts of them from different cultures and societies. The Babylonian Creation story, the Genesis Creation story, and the Sumerian story of the Creation of Enkidu are examples of these and the similarities are interesting. As Dennis Bratcher states, â€Å"Because of many parallels with the Genesis account, some historians concluded that the Genesis account was simply a rewriting of the Babylonian Story. As a reaction, many who wanted to maintain the uniqueness of the Bible argues either that there were no real parallels between the accounts or that the Genesis narratives were†¦show more content†¦In the Genesis story, God creates man in his own image and likeness. There are different versions of the Genesis bible. In one of these versions, it is said that humans were made from clay. One difference of the crea tion stories is that the Sumerian and Babylonian people have many gods, but the Hebrew people have only one god. In all of these stories, only one god creates man. The Hebrew God can never die. He is immortal. The gods in the Babylonian and Sumerian story can be defeated. The gods in the Sumerian and Babylonian stories are like the â€Å"man† that the Hebrew god created. â€Å"Man, that is born of woman, is of few days and full of trouble. Like a flower he comes forth and is withered; he flees like the shadow and does not endure† (Job 14:1-2). In the Babylonian creation story, man was made of the blood of Kingu who was a troublesome god who was killed for the purpose of his blood. He was created primarily in order to serve the gods and free them from the need of working for their â€Å"bread.† In the Genesis creation story, man was made to rule over the animals and creatures of the earth. In the Sumerian creation story of Enkidu, it is said that he was created solely for the purpose of balancing Gilgamesh out so Uruk could finally have peace. â€Å"The people suffer from his tyranny, the people cry out that he takes the son from his father and crushes him, takes the girl from her mother andShow MoreRelatedEnkidu And The Creation Of Gilgamesh964 Words   |  4 PagesEnkidu is created for the sole purpose of distracting Gilgamesh. The Akkadian creation myth sets mankind as a servant to the gods. Servant might not be the right term, though. Man was created less to serve the gods, more to serve their will. This is not to demean man, but to bring man to an almost godlike level without the belittling the gods. If man is more than just a servant to the gods, if he is a necessary part of their primary goal, then man becomes a critical part in the system. Someone whoRead MoreGilgamesh vs Bible1424 Words   |  6 Pageswork did not influence the other. The way in which these two books begin is creation. This is the first similarity that we can state. But in the Bible it was the creation of Adam and in Gilgamesh the creation of Enkidu. There are actually two different stories in the Bible in which Adam is created while there is just only one story of Enkidu’s formation. A major parallel that can be seen is between Adam, and Gilgamesh and Enkidu. God created Adam in his own image, and ordained man to dominate over allRead MoreThe Fall From Moral Perfection1442 Words   |  6 Pagesthe unharmonious relationship between nature and the individual. In the city, people indulge in unnecessary luxuries, often ignoring and damaging natural creations. On the other hand, however, those in the wilderness are constantly feared by the civilized with the preconceived notion that they are barbaric and animal-like. Created a wild man, Enkidu was more animal than man, therefore he was immune to the sins of civilization until Shamash, the harl ot sent by King Gilgamesh of Uruk, seduced him. TheRead MoreThe Epic Of Gilgamesh : The Goddess Aruru, The Temple Prostitute, And The Unnamed Bride1206 Words   |  5 PagesThere are three important women in the epic of Gilgamesh: the goddess Aruru, the temple prostitute Shamhat, and the unnamed bride. Each of these individuals give unique insight into the culture of the Sumerians in the time of Gilgamesh and Enkidu. The goddess Aruru exemplifies that, despite being a deity, all women were subjected to certain constraints based solely on their gender and societal norms. Shamhat demonstrates that women held various functional roles in society, including roles withinRead MoreGender Roles in The Epic of Gilgamesh688 Words   |  3 Pagesthe Mesopotamian culture that produced the text. On one hand, the female principle is responsible for creation. On the other hand, the female principle also has the ability to destroy: the epic takes a largely dim perspective of humanity, and often, b y extension of women, because the source of all creation is a goddess, Aruru. Aruru creates but she also generates suffering. Gilgameshs friend Enkidu runs wild until he sleeps with a harlot, after which the wild beasts which were once his friends rejectRead MoreMesopotamian And Ancient Egyptian Are Two Very Comparable946 Words   |  4 Pagesrapes nobles’ wives and take whatever he wants from his people. As a result of, he is feared by people and ultimately led to the creation of Enkidu. When Gilgamesh’s’ people complained about his ruling, the gods listened and Aruru, the goddess of creation took clay and shaped it into an Enkidu. Enkidu acts like Gilgamesh’s counterpart. While, a prostitute tamed Enkidu, Enkidu reciprocate this by taming Gilgamesh. Slowly, the story turned out to be about friendship. The Tale of Sinuhe only revolvesRead MoreAnalysis Of Enkidu s The Epic 849 Words   |  4 Pages Enkidu’s role in the epic explores the idea that humans cultivation of the earth to suit their own needs will lead to their demise. Enkidu was depicted as androgynous to allow the reader to see themselves in the journey and allows the narrator more flexibility. Enkidu was described as â€Å"lush with head hair like a woman†. Gilgamesh recounted a dream to his mother saying, â€Å"I fell in love with it like a woman I caressed it†. The use of the word â€Å"it† can imply gender is disregarded and allows the narratorRead MoreThe Epic Of Gilgamesh Essay1721 Words   |  7 PagesThe old men of Uruk told Aruru, the goddess of creation, that since she made Gilgamesh, she must now make someone strong enough to stand up to his tyranny. Aruru created Enkidu from a simple pinch of clay as an equal, rival and ultimately to become Gilgamesh’s saviour. Enkidu’s creation parallels the biblical story of Adam’s creation from the earth, ‘the Lord God formed the man of dust from the ground’. Genesis 1:27. Additionally, Gilgamesh and Enkidu essentially mirror each other both in physiqueRead MoreAnalysis Of The Epic Of Gilgamesh 738 Words   |  3 Pagesthis, they call out to the sky god Anu for help. Anu decides to turn to the goddess of creation, Aruru whom makes an equal for Gilgamesh. Aruru created Enkidu to be just like Gilgamesh and for them to contend together and leave Uruk in quiet. When Gilgamesh got up and went to the house of a bride waiting for the bridegroom, Enkidu stepped out and stood in the street blocking the way. They met at the gate and Enkidu put his foot to prevent Gilgamesh entering the house. This began a fight between theRead MoreThe Between Humans And The Gods1515 Words   |  7 Pagesbeing a ruler who does not treat his people well â€Å" Gilgamesh sounds the tocsin for his amusem ent , his arrogance has no bounds by day or night.no son is left with his father for Gilgamesh takes them all†(gilgamesh,62) Aruru (the Goddess of Creation) creates Enkidu, who is supposed to be the equal of Gilgamesh so they could contend together and leave uruk in quiet. Despite their display ability to use their immense power to affect daily events they are also are presented as being like humans, have

Nursing and Nurse Practitioner Free Essays

My Career goal Tiffanie Brown My all time career goal is to become a Nurse Practitioner. I will have a lot of hoops to Jump through in order to get there but I am determine to achieve my goal so I no I will Succeed in this process. Currently I am working as an LPN at a long term care facility which I enjoy very much I attended almost 2 years of school to be able to sit for my license board for my LPN It was not easy at all I had a lot of long nights studying and early clinical mornings I first started out in a computer class to make sure I had general computer knowledge. We will write a custom essay sample on Nursing and Nurse Practitioner or any similar topic only for you Order Now Then I currently moved to pharmacology and my basic nursing classes. Each class was A month long and focused solely on that specific class. After 6 months of nursing classes I currently moved on to my clinical piece of nursing School. Which were sometimes all day and night. We had to pass each portion of our Clinical rotation in order to be able to move on to the next clinical. It was not easy but I made it through my clinical rotation, it took a lot of focusing on my certain tasks but I took my time and proceeded to pass all subjects, after my clinical portion was complete I had to take an exit exam so I was able to sit for my boards, I studied days and nights and It paid off I passed my exit exam and was able to sit for my state boards. I took them And passed on my first try, I received my license and been practicing for the last two years. Currently I am at U. C Raymond Walters College taking my necessary pre-reqs so I can Get into the LPN-RN bridge program they offer. I will have to take a year almost Of my pre-req classes in order to qualify for the program, I have to take several Math classes, English comp 1,2,3 I have to take bio-organic chemistry, global Community, anatomy 1,2,3 I will have to take pharmacology, pediatrics, med surge And my year of clinical so I am ready to take my exit exam in order to sit for my RN Exam. Once I take my RN exam and pass that I will be able to get accepted into the Bachelors program, to complete that program I will gave a lot of papers to complete On history as well as the clinical aspects of nursing, I will have to do a few week Internship In order for me to qualify to be able to receive my bachelors. It will Take about a year for Me to receive my bachelors from my associates degree give or take a little more or little Less time. After that is complete I will move onto my process of being accepted to The masters program. Once I am officially accepted into my masters program I will have Almost a year of classes such as advanced pediatrics, advanced acute care, advanced Family practice, advanced women’s health and a basic nurse practitioner course, also Primary care on the adults and the aged. My instructor will have to make sure I pass Every course with a 3. 5 or better GPA in order for me to pass the program. I will Have several hands on clinicals with live patients as well as dummies. I will also have Several research papers I will have to do in order to complete my program . This process Will take quite a few years to complete, considering I am doing this process in a step By step manner. But I like to learn all aspects of this field and what the limits of practice Are for each title, I would also like to learn the acute care versus the trauma care, Surgical care, pediatrics care, and OB care before I move into the full blown Nurse practitioner care when I am not working fully one on one with a certain patient At all times, that is why I want to take this process slow and learn all aspects before I focus solely on one thing. And that is what it will take me to receive my all time goal Of a Nurse Practitioner. How to cite Nursing and Nurse Practitioner, Essay examples

Response to Going to Meet the Man by James Baldwin Essay Example For Students

Response to Going to Meet the Man by James Baldwin Essay One Never forgets What They are TaughtJames Baldwin, an African American author born in Harlem, was raised by his violent step-father, David. His father was a lay preacher who hated whites and felt that â€Å"all whites would be judged as they deserve† by a â€Å"vengeful God† (Klinkowitz and Pritchard, p.1999). Usually, the father’s anger was directed toward his son through violence.Baldwin’s history, in part, aids him in his insight of racism within the family. He understands that racists are not born, but rather racists’ attitudes and behaviors are learned in the early stages of childhood. Baldwin’s Going to Meet the Man is a perfect example of his capability to analyze the growth of a innocent child to a racist. Every child is born with innocence. During the flashback to Jesse’s childhood, where he witnesses the mutilation and torture of a blackman, Jesse’s innocence is apparent. Jesse has a black friend named Otis who he ha sn’t seen for a few days. When he asks his father where Otis is, the father replies, â€Å"I reckon Otis’s folks was afrad to let him show himself this morning†(Baldwin, p. 2006). Jesse naturally responds, â€Å"But Otis ain’t do nothing.† His father explains, â€Å"We just wanna make sure Otis don’t do nothing, and you tell him what your Daddy said†(Baldwin, p. 2006). This statement implies that because Otis is black, he is eventually going to do something wrong. The father has subconsciously put negative thoughts inside of Jesse’s head. Baldwin’s own father also acted in this way when he stereotyped all whites as being bad and claimed they would be punished by a vengeful God. In the midst of all the commotion, Jesse is unable to sleep the night before the lynching. Within another flashback to that night, Jesse feels a strong need to have his mother close to him but â€Å"he knew his father would not like this†(Baldwin, p. 2006). â€Å"He wanted to call his mother† and becomes very frustrated and angry with his father because the father is the reason that he could not got to his mother. He knows that they are going to have intercourse and this bothers him. â€Å"He heard his mother’s moan, his father’s sigh; he gritted his teeth†(Baldwin, p. 2006). Sigmund Freud’s Edipus Complex explains Jesse’s reaction. The Edipus Complex is a son’s sexual longing for his mother. Jesse becomes jealous and â€Å"his father’s breathing seemed to fill the world†(Baldwin, p. 2006). As result of the longing for the mother, a resentment toward the father arises because the father has the mother all to himsel f. Jesse, in this situation, would like to replace the father so that he may experience the mother in a sexual manner.Jesse does not shake this feeling until he replaces the longing of his mother with a clossnes to the father, a common effect of the Edipus complex. Jesse’s innocence disappears completely during the flashback of the day of the lynching. The father is getting Jesse excited about the violence to come as he assures him, â€Å"We’re going on a picnic. You won’t ever forget this picnic†(Baldwin, p. 2007), Jesse replies, â€Å"Are we going to see the bad nigger?†(Baldwin, p. 2007). He uses the adjective bad, revealing the influence of the father ‘s previous comments about the black man. They arrive at the lynching and Jesse’s father shows concern toward how Jesse is feeling, â€Å"you all right?†(Baldwin, p. 2009). Then, the father â€Å"reached down suddenly and sat Jesse on his shoulders,† making Jesse feel like he was bonding with his father. He felt secure. They watched the relentless burning of the negro together and Jesse last thought of innocence arouse, â€Å"What did the man do?†(Baldwin, p. 2010). After asking himself he looked to his mother and felt, †Å"she was more beautiful than he had ever seen her before† and â€Å"he began to feel a joy he had never felt before†(Baldwin, p. 2010). After the Negro genitals were mutilated he was left to slowly die, the father looked to Jesse with peaceful eyes and said, â€Å"Well, I told you, you wasn’t ever going to forget this picnic†(Baldwin, p.2010). It is as this moment that Freud’s Edipus complex is once again displayed. The bonding and identification felt by Jesse toward the father has replaced the longing for the mother. â€Å"Jesse loved his father more than he had ever loved him†(Baldwin, p. 2010). He feels like a man because, â€Å"his father had carried throught a mighty test, had revealed to him a great secret which would be the key to his life forever.† He subconsciously traded his innocence for closness to his father. There has surely been no black writer better able to imagine whit experience, to speack in various tones of differ ents kinds and behaviors of people or places other than his own(Klinkowtiz and Pritchard, p. 1999). Going to Meet the Man allows readers to recongnize how a racist is built through ingnorance. Baldwin ends his story with Jesse in bed with his wife. The memories of the mutilation of the negro arise in his mind and he feels arrounsed. He turns to his wife and says, Come on sugar, Im going to do you like a nigger. Jesse cannot recognize that these memories of the lynching have made him sexually arroused by violence. As a result, he has become a violent man with a disturbed idea of love, sex and blacks.Bibliography: