high level of professional competence and second; To treat sensitive matter with confidentiality and third; To maintain personal integrity and fourth; to disclose information in a credible fashion. Let’s take the Watergate Scandal that accrued on June 19, 1972. This grand scandal caused convictions, distrust and the impeachment of Present Nixon. This was all caused by following proper guidelines but taking them into an inappropriate approach. All members has a responsibility to perform professional
The Watergate Scandal HIS/145 * * * * * * * * * * * * * * * * The Watergate Scandal The Watergate scandal was one of the largest scandals that shook the nation in the 1970s. Watergate changed how the public in general perceived politics. This scandal began when the headquarters of the Democratic National Committee, located in a Washington office complex named the Watergate, was broken into on June 17, 1972. Upon
Scandals A scandal is widely exposed incident that involves misconducts or wrongdoings whether in politics, academia, or other areas. Most of us think that a scandal is a very disturbing matter. Alternatively, some people think that a scandal might be useful for society. I strongly disagree with them, because scandals can not be useful in any way. Those who disagree with the idea that scandals can be useful have many reasons to back up their argument. They assert
the merging of Houston Natural Gas – a gas utility headquartered in Houston, Texas -- and InterNorth -- a large energy company based in Omaha, Nebraska. Former HNG CEO Kenneth Lay became the newly formed Enron’s CEO. Revealed in 2001, the Enron scandal made national news because of the meteoric rise of Enron stock over the company’s relatively short life and the even greater losses foisted on shareholders at its demise. As stated above, Enron was formed in 1985. In the early 1990’s sale of natural
The Summary of the Watergate Scandal On June 16, 1972, a security guard at the Watergate Hotel in Washington discovered a piece of tape on the lock of the door that led to the National Democratic Headquarters. This foiled break-in attempt at the Watergate scandal was part of a larger campaign by Nixon supporters to tarnish the reputation of Democratic candidates and the Democratic Party. Democratic candidates were harassed, subject to negative campaign ads, and on two separate occasions the
By December 2001, the company filed for bankruptcy. The Enron Scandal led to the company’s bankruptcy; dissolution of the Auditing firm of Arthur Andersen’s, loss of jobs of more than tens of thousands of employees, damaged reputation of managers and involved executives of the company and tremendous investment loss of clients. The scandal shocked the public and paved the way to the company’s demise. On the other hand, the scandal opened the eyes of lawmakers and authorities and led to the creation
Running Head: ENRON SCANDAL Examining a Business Failure: Enron Scandal Christy Devore University of Phoenix Examining a Business Failure: Enron Scandal Enron started as a Natural Gas Pipeline Company in 1985 as Houston Natural Gas and InterNorth merged (Thomas, 2002). It became a real trading powerhouse as it started trading energies and launched into new markets. At the end of 2001 it was revealed that its reported financial condition was sustained substantially
Summary What Was She Thinking? Notes on a Scandal by Zoe Heller is a psychological thriller about obsessive desire and predatory relationships gone awry. Set in 1996 at St. George’s, a London comprehensive school, the novel revolves around a young teacher, Sheba Hart, her fifteen-year-old student Steven Connolly, and Barbara Covett, an older history teacher. The story is told in a first-person narrative, by the character Barbara, in a manuscript style with a confidential tone, much like a diary
Watergate Scandal On the evening of June 17th, 1972 is the date that marks the occurrence of the Watergate Scandal (Olson). Watergate is located in Washington D.C and was nothing more than an office and an apartment complex (Olson). That changed when the scandal initiated with a break-in at Watergate and five burglars were arrested (Olson). This was quite an unforgettable and shocking scandal to the society of America, and would change the lives of many people involved, such as President Richard
Enron scandal - Summary In the 1990s, Enron rose to become the seventh largest company in the United States. It was one of the biggest leaders on the gas and electricity markets, but profits looked too good to be true. When the Enron scandal hit the headlines back in 2001, the company’s name became synonymous with financial fraud. Many aspects show that Enron wasn’t as strong as it seemed. A large part of Enron’s success story was taking advantage of its public relations to show a high-flying image