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Mathematics & Economics
English (U.S.)
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Tech and The Economic Clash Mathematics & Economics Essay (Essay Sample)


Must watch entire 55 minute video! Bigger Than Enron?
Technology displacing lower and higher skilled workers. Managing Complexity!
As discussed throughout the semester, we will explore the historiography of our actions across the board. From politicians, investors, consumers and executives, we play a role in what is increasingly becoming "normal" behavior. Your mission, if you accept it (you do not have a choice) is to dissect what you see as the issue(s) and what is the proposed solution? Was Harvey Pitt, Fed Chairman correct? Why or why not? This is a 150 point assignment due Wed 4/29 at 11:59 PM
Video Link:https://www(dot)youtube(dot)com/watch?v=3c7xs2CiW3A&


“Bigger than Enron” is a documentary that examines the deceptive reporting tricks that were used by famous audit cases of Sunbeam, Arthur Anderson-Enron, and Waste management. Additionally, this documentary shows the accounting scheme of three companies. The video examines while Arthur Anderson LLP could compromise his integrity so that he could please the clients.
According to this documentary, there are methods organizations use to make fraudulent financial reports. For example, a company can decide to miss recording the stocks as expenses in the balance sheet so that a company can look more profitable. This makes the company attract more investors and increase the prices of the stock. If the prices of the stocks are high, then personal gains will also increase. In the video, Albert J. Dunlap inflated the incomes of the company by exploiting the "bill and hold" accounting technique to jack the process of the stocks for personal gain.

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