...Black Sox Scandal “Say it ain’t so Joe” a kid said to Joe Jackson as he walked out of the room. “Yes kid, I’m afraid it is.” This was captured by Chicago Herald and Examiner as Joe Jackson was leaving court. (Mitchell, Fred). This occurred between Joe Jackson and a kid after the sandal of the series being thrown away had been released and the players had to go to court to figure out the truth and what would happen after that. The kid in this quoted conversation didn’t want to believe the scandal was true, but Joe Jackson confirmed to him, that indeed it was true. The Black Sox Scandal was the most controversial event in baseball history due to the team being bribed to lose the games, players threw the World Series away and eight of the Black...
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...How much are “The Salem Witch Trail” and “The Baseball Steroid Scandal” are alike? The author of “The Crucible” is Author Miller. The similarities of these stories are people die, lives are ruined, people are accused, and causes disrespect to families. The Crucible was the first huge huisache. People in Salem got accused and some confessed even though it wasn’t true (Miller). In the story, Hale states, “you have confessed yourself to witchcraft, and that speaks with to come to Heaven side. And we will bless you, Tituba” (1058) Tituba was pressured to confess by Hale and Parris (Miller). Over half of the town was accused by the end of the story. The steroid scandal in base ball started way before it became a huge problem. It started...
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...Daniel Ochefu Baseball, Justice and the American Dream Final Paper Due: 5/1/2015 I ‘Like’ Baseball Before taking this course baseball was one of my least favorite things to do in any way simply because I did not know about the sport and the impact it has on many people’s lives to respect the time that the players spend preparing to perform. I was always critical of the amount of work that was put in physically for baseball compared to other sports like basketball, football, hockey and others. I always thought it was not that much because there are almost no physical collisions in games and that was all I really needed to know after I was told that on average games are three plus hours. From everything I have learnt about baseball in this course, there is a respect that I now have for it that I definitely did not have for it before. Being America’s pastime, baseball has been the one constant in America because of its deep history that it promotes and the pride that the fans exhibit. Even during unfortunate events that shake the whole country, baseball finds a way to bring the country together. The most recent one that stood out to me being how the Boston Red Sox brought together a whole city after the terrible Boston Marathon Bombings of 2013 by winning the World Series and using that to help strengthen a city that had been hurt badly by a terrible event. The World Series celebration is normally extravagant and well televised but this one brought all Americans together...
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...that there were actually more cons than pros. * * As mentioned in the report LIBOR has been the catalyst for fraud and unfair play in the past years. This being said I cannot see this reform in LIBOR go the right way for either party. The FED might have already lost the trust of many people around the world with the scandals of late that have taken place. Many people were hurt when they took out loans and LIBOR was artificially high. However, when LIBOR was artificially low people paid less than they should have. This is a small example on the controversy of whether or not LIBOR should be reformed or completely thrown out the window. * * LIBOR is a very important index, which serves as a benchmark for derivatives. Being the most widely used interested rate in the world, it is not easy to just throw it out the window, as many people who were on the brunt of the scandal would wish. * * I believe that LIBOR is not as risk-free as we think it is. I believe that the scandals that were taken place proved that. Many people lost their savings and not only were the savings lost, but the banks that were the cause of the scandal were stealing it. This, I believe speaks for itself to answer the question if LIBOR is as risk-free as we think it is. I believe we were led to believe that is was a fixed fair rate, however we have seen that it can be manipulated and artificially fixed in ways in which we can lose our money. This is a big reason why I believe...
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...scandalous and creates wide seethe and uproar from the public who are the ultimate victims of these scandals. For many reformers and speakers it may take ages to bring a matter of public concern in front of people, which when scandalized became notoriously famous without any help. For example wiki leaks had generated mass curiosity around the world about the facts and events which were otherwise completely obscure and esoteric to general public. With increased freedom of the forth estate everything is out in the open ,all political scandals ,social scandals and even financial scandals are watched ,scrutinized and are brought to justice. In the 21st centaury where social networking has dissolved all the known physical boundaries, a scandal of one country is a popular talk of another continent, people discuss ,debate and provide solution to the problem which arose because of the so called scandal, which we can never imagine happening half a century ago. The Bernie Madoffs in famous embezzlement scandal has created waves of dissatisfaction among the masses, and demanded higher level of probe and investigation in the matter. The Italian prime minister’s sex scandal has stumped the world and raised questions about the moral conduct about the leader. No reformer or speakers could have generated such wide spread awareness about a issue or a problem within the society .Thus scandals play a major roles in generating general awareness and finding root cause for a problem ,which...
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...Mr. May APLAC December 16 2012 Jack Abramoff Corruption in governments inspires frantic media coverage and people to lose faith in politics. The United States has a long history of these scandals that has initiated some concern about the way the government is run. Jack Abramoff, a once powerful lobbyist, was recently involved in one of the largest scandals in Washington. Abramoff rose from, generally, nothing to becoming America’s most notorious lobbyist. When scandal ultimately cast him down, Abramoff was sentenced to four years in federal prison for fraud, tax evasion, and conspiracy. While serving his term in jail, he had received vile and harsh insults that depicted him as “scum” and “evil.” Now released from the penitentiary, Abramoff is the author of the novel Capitol Punishment. By writing this book, he tries to expose the truth about the broken the U.S. Government system really is but also justify his actions and hope to redeem little pieces of his honor. Using clever diction, syntax, and numerous appeals to pathos, Jack Abramoff attempts to repent for his actions and gain redemption. Abramoff’s diction allows for the audience to view his actions in an alternative more positive direction, rather than maliciously and with anger. The first few chapters of the book describe his childhood and formative years. His conservative principles and his calculating self brought him early spotlight and success in the political realm. Abramoff, for about the first half of his...
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...leave room for interpretations and the standards never change, which give the impression that there cannot be many, if any, grey area’s which would allow for human judgment to take place. Actually nothing can be further from the truth and as I grew within the army I began to see a natural competition and even a division among the different services in the areas of moral and ethical standards, although all of us fight the same fight there is still a recruiting battle that exist to find, sign and train the best people possible from the civilian ranks and anytime you have that element ,it will cause potential members to “choose sides”. Each of our services has suffered through many different scandals over ethical dilemmas. The Navy in 1991 suffered the infamous “Tailhook Scandal” where Lt. Rebecca Hansen, a trainee helicopter pilot charged that her failing grades were in direct retaliation for her bringing charges against a flight instructor, and later when Gulf War Hero and then Vice Chief of Naval Operations, Admiral Stanley Arthur, ruled against her, she then reported the incident to Senator David Durenberger of Minnesota who in turn as the New York Times, Goodman, W. (1996) reported “blocked Commander Robert E. Strumpf’s appointment to the Commander of the Navy in the Pacific”, which is the largest operational...
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...their trucks and think, "Garbage". Which could sound awful, but garbage is lucrative. In the early 1990's, Waste Management, instead of just picking up the garbage, provided garbage to their investors in the form of an accounting scandal which cost investors approximately $6 billion (Bloomberg News) and was described by Thomas C. Newkirk, associate director of the SEC's Division of Enforcement as "one of the most egregious accounting frauds we have seen" (SEC). What Mr. Newkirk is describing is a long-standing policy by those at the top of the executive rung at Waste Management to provide their auditors, auditing committee, and the public false and misleading numbers in a variety of ways. First, these highest level executives would set earnings targets without regard to current or recent past results. They would then manipulate the numbers to match the previously set targets. Why? They wished to show tremendous growth in their business which would enrich them personally as they kept their jobs regardless of actual results. They also reaped the benefit of higher bonuses and increased income as they sold off their personal shares of the company at market prices which did not reflect the actual company results. It would be akin to owning a baseball team, setting a goal for wins in a season, and then cheating the opposition to assure that your predictions came true. One area where these executives committed their fraud was in depreciation. They would routinely avoid depreciating...
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...Waste Management Scandal BUS 320 Finance 1/8/16 Waste Management Waste Management Incorporated is considered the nation's largest waste collector (Feder). Waste Management is a well known brand and dominates regions of the United States and Canada where they provide services. Anyone who sees their trucks tends to think, "Garbage". During the early 1990's, instead of just picking up the garbage, Waste Management provided garbage to their investors in the form of an accounting scandal. This scandal would eventually cost investors around 6 billion dollars (Bloomberg News). This event was described by the associate director of the SEC's Division of Enforcement, Thomas C. Newkirk, as "possibly one of the most egregious accounting frauds we have ever seen" (SEC). What Thomas Newkirk was describing was a long-standing policy by those at the top of the executive rung at Waste Management to provide their auditors, auditing committee, and the public false and misleading numbers in a variety of ways. The first step in this scandal involved high level executives setting earnings targets without regard to current or recent results. Those executives would then manipulate the numbers in order to match the previously set targets. By doing this, they were attempting to show tremendous growth. With tremendous growth, they could enrich themselves personally as they kept their jobs regardless of the actual results. Also, they reaped the benefits of higher bonuses and increased income as they...
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...Is Baseball Still the American National Pastime? Although baseball has been and may still be considered America’s national pastime, it has not happened without incident. The game of baseball was initially racially segregated, only completing the final desegregation in 1959, twelve years after the signing of Jackie Robinson. It withstood the devastating gambling scandals of the 1920’s Chicago White Sox and the 1980’s Pete Rose scandal. The institution has survived and may have even been made stronger with the steroid and drug scandal of the 1990’s and recent years. Baseball has had difficulties in maintaining a loyal following since the 1994 strike, having to rebuild the fans confidence and or switching the fan base from Anglo to a more diverse ethnicity. Writer George Plimpton, summarized baseball with this passage in Ken Burns Ninth Inning, “It’s always been our great game. Pastime is a funny word for it is not a pastime it has to do with the spirit of the people.” From inception, the great American game of baseball was deemed America’s national pastime. It basically is the same game as earlier versions in the eighteen century and Americans can still claim it as their own, although it is going global with major league teams doing business and recruiting in the Dominican Republic, Japan, Venezuela, South Africa and other locations. Baseball also has to compete with fans of golf, football, basketball, soccer and NASCAR for the attention of fans. Baseball may not be...
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...SWOT Analysis for Major League Baseball John Clarke Devry University Principles of Management SWOT Analysis form Major League Baseball Strengths The game of baseball came about in the summer of 1839 in Cooperstown, New York, invent by Abner Doubleday. Major League Baseball came about several years after the invention of the game of baseball itself. In the beginning there were three leagues, American Association, Player’s League and the National League, of which the National League held dominance. But in 1900 started the American League breaking up the monopoly that had been held by the National League for many years. Then in 1903 was created and in the fall of 1903 the first World Series was played. Major League Baseball Enterprises, Inc. (the National Baseball Commission) was founded in 1903 and is based in New York, New York. (McCarthy, 2008). This organization holds the rights to the leagues it operate in North America. For an organization this size there is no known mission statement for Major League Enterprises. One of the strength of baseball is it fan base. Over the years it has remained consistent. In Gallup polls over the years at least 40% of Americans consider themselves baseball fans. Since the 1930s women interest has grown from 27% in the 30s to 37% at the turn of the century. While during the same time period male fans has declined, from high in the 1950s of 57% to 49% at the turn of the century. Even though the demographic of the fan has change they still enjoy...
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...Steroid Use in Major League Baseball Student Name Course Name Instructor Date Steroid Use in Major League Baseball Thesis: Steroid use is prevalent in major league baseball. Players choose to use steroids despite steroids being banned, the effects steroids have on their bodies, and the impact steroids have on their careers and reputation. I. Steroid use is banned in major league baseball. A. Banned substances enhance players’ performance. 1. Batted-ball speed increases when a player takes steroids. 2. Home-run production increases with steroid usage. B. Major league baseball policies ban the use of several substances by players. 1. The league and the players’ union have strict policies against the use of steroids. 2. The league conducts regular testing to ensure players are drug free. 3. Penalties result from steroid use. II. The body is seriously affected by steroid use. A. Several negative physical effects exist to the body. 1. Steroid use affects natural hormone production. 2. High blood pressure, high cholesterol, and other cardiovascular problems are physical side effects. 3. Steroids cause liver problems. B. Psychological problems exist due to steroid use. 1. Aggressive or enraged behavior has been reported as a side effect. 2. Addiction has been reported also as a side effect. III. The steroid scandal has negatively impacted players’ careers and reputation. A. Players’...
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...ACCOUNTING FRAUDS CONTENTS WHAT ARE FRAUDS? | WHAT ARE ACCOUNTING FRAUDS? | NOTABLE FRAUDS | NOTABLE OUTCOMES | MANIPULATION & FALSIFICATION OF RECORDS | MISAPPROPRIATION OF CASH BALANCES | MISAPPROPRIATION OF GOODS | TEEMING & LADING | WINDOW DRESSING | SECRET RESERVES | ENRON FRAUD | WORLDCOM FRAUD | WHAT ARE FRAUDS ??? FRAUDS AND THEIR CHARACTERISTICS Misstatements in the financial statements can arise from fraud. In criminal law, a fraud is an intentional deception made for personal gain or to damage another individual, Fraud is a crime, and also a civil law violation. Defrauding people or entities of money or valuables is a common purpose of fraud Industries most commonly effected by fraud are banking, manufacturing, and government. Fraud can be committed through many media, including mail, wire, phone, and the Internet (computer crime and Internet fraud). * The term “fraud” refers to an intentional act by one or more individuals among management, those charged with governance, employees or third parties, involving the use of deception to obtain an unjust or illegal advantage. Although fraud is a broad legal concept, the auditor is concerned with fraudulent acts that cause a material misstatement in the financial statements. Misstatement of the financial statements may not be the objective of some frauds. Auditors do not make legal determinations of whether fraud has actually occurred. Fraud involving one or more members of...
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...bats do not produce like metal bats do. The game play is different with each bat. The changes that the National Federation of State High School Associations (NFHS) and the NCAA make for bats for play will have an effect for upcoming students. In High school and college the players get to use metal bats instead of wood. The performance of metal bats is a lot higher than wood. That is why college and high school use metal instead of wood bats. Metal bats have a higher ball speed off the bat, which is the safety issue that the NCAA and the NFHS have right now. There is a new standard for baseball bats which took effect in 2011 which is the Batted Ball Coefficient of Restitution (BBCOR) bats. They have almost the same ball speed off of the bat as a wood bat does, but the metal bat has a bigger sweet spot. A sweet spot is the part of the bat that will give the biggest trampoline effect to the baseball. Metal bats have made scoring runs in high school and college a lot easier than wood bats. The BBCOR bats have had a slight decline in runs and hits unlike the Ball Exit Speed Ratio (BESR) bats. The change from BESR bats to BBCOR happened in 2011. BESR bats had to high of a ball exit speed off of the bat; they changed it because there were too many kids getting injured. The number of kids that have been injured has gone with down with the BBCOR bats. With using wood bats they break which also would create a safety hazard. Maple bats split into two or three pieces and go flying. So there...
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...history, games were considered a religious ritual. In early Roman days, there were chariot races and gladiator games including athletes that represented different states. The need for competition between competitors was enthused all over the world. Adults as well as children idealized the monumental courage and determination of great athletes. Although history tells that role models were considered not only heroes in their own right, but also major contributors. People who emulate and adore sports personalities question whether or not if it is worth the debate. Over the past 25 years, Olympians have been accused of and were later found guilty of using performance enhancing drugs. There is a considerable amount of prominent sports figures in baseball, football, and other sports who will continue to get backlash as a result of their misbehavior. In addition, athletes have made many contributions are hard-working, motivating, people who understand that...
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