Introduction Richard Scrushy of HealthSouth Medicare could face years in prison, allegedly for changing the account figures and inflating the company’s to make him rich. Richard Scrushy was CEO of HealthSouth, the Fortune 500 healthcare company that he founded in his hometown of Birmingham. The SEC and the Justice Department allege that HealthSouth Company falsely inflated its profits by almost $3.1 billion -to push up the price of its stock. One of his chief financial officers blew the whistle by exposing the fraud on March, 2003. As a result the stock value dropped to just pennies a share, leaving thousands of investors holding the consequences.
Unfortunately for the rich, the Great Depression slap them back into reality and they have to work hard to get back what they lost. Both history and The Great Gatsby shows that money can be a double-edged sword and that there some things money can’t buy, like love and happiness for example.
Families succeed because of the support system they provide to one another. As the saying goes, "all for one and one for all". Dictatorships fail because one or a tiny percent of the group benefits, and the rest of the "family" is left destitute. The recent failures of major Wall Street firms and banks claimed to be "too big to fail" should have been a red flag for the government, but instead of letting them feel the pain they brought on themselves, more taxpayer money was used to bail out the very institutions who cheated ninety percent of Americans out of stability. There is nothing like being robbed, then having to pay for the lawyer of the person who robbed you.
The story just ends. The bad criticism of the controversy over the book ... ... middle of paper ... ...son because of his journey ("Is It about..."). There will always be a controversy on the end of this American novel because everyone is entitled to their own opinion. That is the very basis of American values. Even though to some people, the ending was not that great, everyone learned something, whether it was through Huck’s journey or his destination.
Wall Street in the 1980s had big competition among the brokers to make money in legal and illegal ways. Although, making money was easy and quick, but nothing can compare to Bud’s guilty feelings. Bud causes loss of jobs and destroying companies over his greediness. At the end, Gekko, Bud, and others all went to prison for what they did. The greatest lesson in the movie was losing morals for a short time only can have many negatives for a long time.
Summary of The Article Introduction 1. The senior management of companies, whom the Financial Times named the barons of bankruptcy, has made their personal fortunes from salaries, bonuses and sale of stocks even as their companies were on the route to bankruptcy at the start of the second millennium. 2. The veteran observers along with the general public are discombobulated with the astonishing growth of corporate greed in a culture where a person’s worth only depends on the size of their bank account. 3.
The urge to be a success fills the scientists up with courage to embark on such a dangerous trip; however, after the trip the survivors, Danforth and Dyer, had lost all sense of sanity. “On our return Danforth was close to hysterics..promise to say shew our sketches or say anything.” (Lovecraft 176.) Their eyes couldn’t believe what was seen having them debate whether it was hallucinations or real. Ultimately this made them reach a decision where the world will not have to question their authority, for they will both keep their mouth shut. This novel expresses a psychological factor through the use of scientific theories showing the horror that lies beneath them.
Tylenol implemented Mill’s ethics and used a utilitarian critique when dealing with the scare. Before the crisis began Tylenol was the leading pain-reliever. It was Johnson & Johnson’s largest selling brand, and made up most of the corporations income. In the fall of 1982, the unknown person released the contaminated packages and placed them around the Chicago area in pharmacies and food stores. This selfish act ended up harming many people and the companies’ profits.
It was said that Tyco was producing irregular financial accounts, but was denied by Tyco’s leaders. Throughout the years of Kozlowski’s leadership, Tyco merged and bought out several companies, making their profits grow beyond 30 billion dollars, but doubled its long term debt by over 10 billion dollars (Wikipedia, 2007). In the event of trying to pull things back together, Kozlowski caused the company more harm. According to Kay, (2002), “The American-based conglomerate Tyco International Ltd. is in deep crisis following a wave of revelations concerning the corrupt practices of the company and its top management.” As things worsened, Kozlowski resigned while the stock was plummeting. A bankruptcy for Tyco International would mean that 240,000 employees would be out of work, which would have sent shockwaves through the economy (Kay, 2002).
The plaintiff was trying to prove that the lung cancer was directly caused f... ... middle of paper ... ...t she would double their money in days. As Nicholas was swaying the jury towards a plaintiff verdict, Fitch was finding out about Marlee's true past. Her mother and father both died of lung cancer and they were heavy smokers. This was Marlee's pay back for her parent's deaths. She got money from Fitch who was the tobacco co. and then doubled it by playing with cigarette stocks.