Present the Corporation Chosen and reasoning for your selection

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Present the Corporation Chosen and reasoning for your selection

Week 1 Present the Corporation Chosen and reasoning for your selection (1/2 page) Week 3 Present the Article chosen relating to the corporation and reasoning for your selection of that article (1/2 page) Week 8 Course Project: Individual assignment. You are to write a five full-page paper of text double spaced not including the title page and the references page on the published article referencing a legal, ethical or political issue on the corporation that has been alleged or found responsible for the issue. State either your support or opposition to the article’s position on the corporation and if you are in agreement with the outcome. Identify what changes or recommendations you would present to your personal business if this matter occurred to your corporate entity. Use as much other background research on the issue as is needed for the length of the paper. YOU DO NOT NEED TO DO A NARRATED POWERPOINT.

Week three Course Project

The article I am choosing to work with for my course project is Enron Scandal: The Fall of a Wall Street Darling by Troy Segal as seen on Investopedia.com. I chose this article because it has a very detailed and thorough examination of not just the case at hand but of the company as a whole. There is information about Enron clearly laid out in a table of contents ranging from the origins of Enron all the way to new regulations brought on due to the company’s corruption and beyond.

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Per Troy Segal the key takeaway from this article will be that:

· Enron’s leadership fooled regulators with fake holdings and off-the-books accounting practices.

· Enron used special purpose vehicles (SPVs), or special purposes entities (SPEs), to hide its mountains of debt and toxic assets from investors and creditors.

· The price of Enron’s shares went from $90.75 at its peak to $0.26 at bankruptcy.

· The company paid its creditors more than $21.7 billion from 2004 to 2011.

The Article is on Investopedia.com a respectable website known in the business world and completely unrelated to any sites such as Wikipedia. This is a webpage dedicated to news about investing and what is currently happening in the market.

Per her bio Author Troy Segal has20+ years covering personal finance, wealth management, and business news from the individual’s point of view is the Co-founder of Business Week’s “Personal Business” section, covering taxes, investments, real estate, and careers and Senior editor, Zagat Survey; senior editor, Where New York; deputy editor, Women’s Wear Daily.

 

 

References Segal, T. (2020, September 22). Enron Scandal: The Fall of a Wall Street Darling. Investopedia. https://www.investopedia.com/updates/enron-scandal-summary/

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