Some of the burglars had ties to people in his administration and Nixon tried to minimize the damage to his personnel. The cover up was known as “Watergate.” It refers to an order of events, over a two year period, with Nixon’s administration abusing their power toward the goal of being sneaky towards the political opposition in the public. Investigations uncovered many unethical and illegal activities by people close to Nixon. The court ordered release of the tape in August 1974 with the prospect of impeachment for Nixon and he resigned only four days later on August 9. Deep throat informed the Washington Post
John Pregent, “aka” Jack Pregent, 61, pleaded guilty before United States District Judge George A. O’Toole to one count of bankruptcy fraud involving a scheme to defraud. Sentencing is scheduled for May 15, 2012 at 2:30 p.m. He faces up to five years in prison to be followed by three years of supervised release and a $250,000 fine. Pregent owned the precision machine part manufacturing business Technical Fabrications, Inc. (“TechFab”) which operated in Newburyport until it filed for bankruptcy in July 2010. Pregent engaged in a scheme to defraud TechFab’s creditors, bankruptcy trustee and the bankruptcy court by transferring certain TechFab assets, including equipment and ongoing business, to a newly formed company.
• SEC-Securities and Exchange Commission: The SEC’s purpose is to “serve as a repository and examiner for registration statements filed by companies planning to sell stock to the general public; providing information on securities to investors; advising on some bankruptcy reorganizations; and investigating and initiating action when federal securities laws are violated and frauds are committed.” The SEC’s job is to protect investors by regulating a policing the securities market. Friedrichs, David O. Trusted Criminals: White Collar Crime In Contemporary Society, 4th Edition. Cengage Learning, 06/2009. VitalBook file.
Sarbanes-Oxley Law Stephanie Mosley ACC 340 University of Phoenix Richard Calabria 07/23/2012 To enhance the dependability and accountability in an effort to safeguard shareholders, the federal government for the United States of America established the Sarbanes-Oxley Act on July 30, 2002. The Public Company Accounting Reform and Protection Act of 2002 is also used to refer to this law. Numerous acts of corruption in the business sector continued throughout the late 1990s as well as early part of 2000 with no laws to prevent it. In response to the very public case of WorldCom and Enron fiscal scams, the Sarbanes-Oxley Act of 2002 (commonly called SOX) was passed to protect the public and investors from unfair practices and accounting mistakes (Rouse, 2007). In order to safeguard shareholders, the president at that time President George Bush pushed for the act to get passed by the Senate and House of Representatives.
All of that committee's members are among the congressional representatives who have been offered a chance to view the photographs, Molino said. Last week, Ruppersberger said he agreed with the White House's decision not to publicly release photos of bin Laden's body. Ruppersberger, who spoke at a retirement community on Friday about the raid in Pakistan that resulted in bin Laden's death, said the photos could stoke anger among bin Laden supporters. "Why enrage the rest of the world who don't like us? And we don't want them to rally behind his death to hurt us again," Ruppersberger said last week.
Memorandum To: Wayne R Harris, CEO From: Store Manager Date: July 2, 2013 Subject: Complying with constructive discharge As a result of the new policy change, regarding shift work, Megalodon has received notice from our attorneys that a former employee is suing us for violating his rights under Civil Rights Act of 1964. In order to make sure Megalodon is complying with Title VII of the Civil Rights Act of 1964, a through investigation was performed on Megalodon’s hiring and performance policies. Details of that investigation are outlined below. Definition of Constructive Discharge Megalodon must understand the full ramifications of the lawsuit. Constructive discharge is being looked at by the plaintiff in this case as part
Executive Summary Kenneth Jones, the president of Viscotech, has a handful of regulatory issues to resolve before moving any further with operations. Ideally, the company would have considered SEC regulations before raising the $976,000 in December 1997 from 34 investors through the MIFT pool. Most importantly, Viscotech was desperate for money, so they did not notify the SEC, and accepted money for securities offered under Regulation A, which had not been finalized by the SEC staff. Viscotech advertised the MIFT as a trust, when it appears to be a contract to buy securities at a future date, but we argue that the security vehicle is exempt under Regulation A (see Exhibit 1) for the following reasons. Under the Securities Act of 1933, the MIFT does not automatically fall into the category of exempt securities, so the company must still file a offering statement with the SEC to avoid penalties.
According to reports not long after becoming CIA director, an investigation conducted by the FBI, inadvertently, uncovered evidence that Petraeus was involved with one Paula Broadwell, author of Petraeus’ biography titled “All In: The Education of General David Petraeus”. The discovery later led to the resignation of Petraeus as director of the Central Intelligence Agency, a continuing investigation by the FBI and public
Many still searched for clues to put him and his administration behind the scandal. When it came into light that the Nixon administration had been behind the scandal, President Nixon resigned in August of that year. While historians are not sure whether Nixon knew about the Watergate espionage action before it happened, he took steps to cover it up later, raising “hush money” for the burglars, trying to stop the Federal Bureau of Investigation (FBI) from examining the crime, destroying evidence and firing uncooperative staff members (HISTORY.com). His successor, Gerald Ford, immediately pardoned Nixon for all the crimes he “committed or may have committed” while in office (HISTORY.com). Although Nixon was never prosecuted, the Watergate scandal changed American politics forever, leading many Americans to question their leadership and think more critically about the presidency (HISTORY.com).
The Watergate Scandal The Watergate Scandal was a very low point in American history dealing with government and its corruption during this time. It started with multiple burglars breaking into the Democratic National Committee headquarters in the Watergate Hotel. The scandal occurred from around March of 1971 to September 8, 1974 when then president Gerald Ford gave a full pardon to Richard Nixon for “all offenses against the United States committed between January 20, 1969 and August 9, 1974. (Watergate Chronology/spartacus.schoolnet.co.uk) It began on March 20, 1971 when Fredrick LaRue and Gordon Liddy attended a meeting where the members of the Committee to Re-Elect the President (CREP) where the members agreed to commit $250,000 to “intelligence gathering” operation against the Democratic Party. Then about one year after the original meeting, John N. Mitchell and Jeb Macgruger talk about the proposal made by Gordon Liddy a year earlier to place a wiretap on the phone of the chairman of the national Democratic Party Larry O’Brien.