book,Licensed to Lie: Exposing Corruption in the Department of Justice.Licensed to Lieis an amazing book that details prosecutorial misconduct at the highest levels of the U.S. Justice Department.John Sherriff’s excellent reviewprovides a great summary of whyLicensed to Lieis such an important ...
Enron was also accused of manipulating the electricity markets during the California energy crisis of 2000–2001. There is evidence that its subsidiaries engaged in sham trading among themselves to drive up the price of electricity, and Enron traders arranged power supply deals with California that g...
The paper also suggests that "one size fits all" regulatory models may not be cost effective across the population of public firms. Originality/value – The research provides a summary of the characteristics of the population of firms filing bankruptcy for an extended period across a changing ...
Causey’s signed plea agreement characterizes the document as merely “a summary of facts that make me guilty,” adding, “It does not include all of the facts known to me concerning criminal activity in which I and other members of Enron senior management engaged.” In fact, Causey may ...
The paper also suggests that "one size fits all" regulatory models may not be cost effective across the population of public firms. Originality/value – The research provides a summary of the characteristics of the population of firms filing bankruptcy for an extended period across a changing ...
SUMMARY Satyam's chairman and founder confessed in January 2009 to misappropriating about $1.5 billion of company funds Scandal shook confidence in Indian corporate governance and the country's IT services industry Transparently.ai's AI tools detected accounting red flags in Satyam as early as 1998...
In summary, whilst the accounting concepts and strategy underlying the gas derivatives trading was a reasonable attempt to produce value for investors, “extensions of this idea into other markets and international expansion were unsuccessful.” (Healy, 2003) However, whilst the mark to market and ...
Summary Table Commercial Information Involved Organisations Development History References X Ask the expert Do you need help? Please contact one of our AdisInsight experts. We aim to get back to you with personalized answer within 24 hours. Full name * Email address * Question / Com...
sively in nancial markets for the same products and services. A summary of segment results for the company, in Exhibit 2, shows how dramatically the domestic trading and international businesses grew during the late 1990s. 3 This growth impressed the capital markets, and few asked fundamental qu...
The Enron scandal was a series of events that resulted in the bankruptcy of the U.S. energy, commodities, and services company Enron Corporation in 2001 and the dissolution of Arthur Andersen LLP, which had been one of the largest auditing and accounting