...The Watergate scandal rocked the American public to its core. During Nixon’s re-election, operatives involved with his campaign trespassed into the Democratic National Committee Headquarters at the Watergate Hotel because of his involvement in the attempted coverup Nixon was brought up on charges. Then Vice President Agnew resigned in October 1973 over charges of tax evasion and the acceptance of bribes, which resulted in Gerald Ford being appointed as the vice president. Less than a year into Ford’s Vice Presidency, Nixon resigned, leaving Ford to become the first unelected president of the United States ("Gerald Ford"). Gerald Ford accepted the presidency during a time of great mistrust towards the federal government. He recognized his...
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...Out of the events in American History that have occurred throughout the period, one of the ones that interests me the most is the Watergate Scandal. With that in mind, the book I chose to read is called Watergate: The Corruption of American Politics and the Fall of Richard Nixon by Fred Emery. Although I had a basic knowledge of the scandal, I learned much by reading this book including those behind it and the coverup itself, in greater detail than I had known before. The book starts off by giving some background information including events that were transpiring during the Nixon administration. Many of these consist with Nixon’s handling of Vietnam and other events such as the Kent State Shootings and then the Pentagon Papers. Through this...
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...Element I- Analysis of Website Validity Website title: Washington Post URL: http://www.washingtonpost.com This website is hosted by Washington Post, daily American newspaper founded in 1877. It hits 62 million links, if to exact search Washington Post. Washington Post reporters Bob Woodward and Carl Bernstein led the American press' investigation into what became known as the Watergate scandal. They were the first American Press that researched this issue. Bob Woodward achieved a degree at Yale and Carl Bernstein started his degree at University of Maryland. They both were new investigational reporters at 1971. Both of them are reliable sources of information. Washington Post itself is a worldwide known number one American newspaper, and resources can be called reliable. The documents are provided as scanned version of original document from 1970 when Watergate...
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...Introduction Over the years, the US has seen and recovered from major financial setbacks. With the uncovering of each new company scandal, legislation has been swift to put ordinances and laws into place to prevent the same mistake from happening twice. Although some of the events majorly affected every American, some were swiftly and quickly identified which helped offset some of the major repercussions that could have possible be occurred. Three such laws that were implemented due to financial catastrophe include the Securities Act of 1933 & 1034, the Foreign Corrupt Practices Act of 1977, and the Sarbanes - Oxley Act. I. Securities Act of 1933 & 1934 A. Summary of Regulation * Securities Act of 1933 * First major federal legislation to regulate the offer and sale of securities * Created by Congress during the aftermath of the stock market crash of 1929 and during the ensuing Great Depression * Purpose is to make sure that buyers of securities receive complete and accurate information before investing (Graham, Hazarika, & Narasimhan, 2011) * Securities Act of 1934 * Created to provide governance of securities transactions on the secondary market (after issue) and regulate the exchanges and broker-dealers in order to protect public investors B. Analysis of Related Fraud/Scandal * Crash of 1929 * The most devastating Stock Market crash in US history * Signaled the start...
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...Does the United States present a Public Administrational model for the rest of the world for avoiding corruption? “Corruption is an insidious plague that has a wide range of corrosive effects on societies. It undermines democracy and the rule of law, leads to violations of human rights, distorts markets, erodes the quality of human life, and allows organized crime, terrorism and other threats to human security to flourish. This evil phenomenon is found in all countries… but it is in the developing world that its effects are most destructive. Corruption hurts the poor disproportionately by diverting funds intended for development, undermining a Government’s ability to provide basic services, feeding inequality and injustice and discouraging foreign aid and investment. Corruption is a key element in economic under-performance and a major obstacle to poverty alleviation and development.” Koffi Anan, foreword, United Nations Convention against Corruption, 2003. When Democracy and central governance was formed in ancient Greece, it was for the very purpose of preventing the powerful few putting their needs above those of the masses they ruled – after all ‘Democracy’, stems from the Greek demos and kratia literally meaning the power of the people. For peoples familiar only with autocracies and hereditary monarchies, this was a radical notion. Why then, in some modern democracies, has the word government come to be almost synonymous with corruption? Corruption in government is...
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...had not previously given evidence were persuaded to come forward. Most important of all, pieces of evidence such as photos and sound recordings were subjected to scientific analysis using the most up-to-date methods and equipment. The House Select Committee on Assassinations (HSCA) completed their investigation in 1979 and they finally came to a discrete verdict that Lee Harvey Oswald fired three shots at Kennedy, one of which killed the president. A fourth shot was fired from the grassy knoll, which was contradictory to the statement printed by the Warren Commission 16 years earlier. They concluded that John Kennedy was assassinated as the result of a conspiracy. The investigation was ordered directly after the assassinations of two other major political figures; the civil rights leader Dr. Martin Luther King and the President’s brother Robert Kennedy, in 1968. Naturally these incidents aroused immense suspicion and the American public started questioning why so many key US figures had been assassinated in the space of just four years, when previously this type of incident had been rare. The HCSA was interested in looking into the possibility that the assassinations were related. At the time there was also an increasing awareness of corruption and scandal within the government. The Watergate Scandal in 1974 involving President Nixon had clearly shown that American government was not entirely free of foul play. As a result...
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...Public trust in government has been declining since the 1960s. The effect of the declining trust has been proven to hinder domestic policy, foreign policy, and influence elections. As stated by Hetherington & Husser (2012), “Put simply, people need trust in government to support more government”. Now, trust in government has become the center of attention for our government, the media, and American citizens alike. Therefore, I will briefly discuss the history of the decline in public trust, current public trust, and actions that could be taken in order to restore public trust. The history of the decline has been pinpointed to the decade of the 1960’s. During this decade, we faced “diverse social conflict, followed by the Watergate scandals, and a decade of economic decline” Milakovich & Gordon (2013). Public trust continued to plummet and bleed over into the late 1970’s during the “taxpayers revolt” and was “followed by decentralization, deregulation, and devolution of decision-making authority from the federal to state and local governments, in part as a reaction against perceived bureaucratic excess” Milakovich & Gordon (2013). It wasn’t until the 1980’s that the trust began to escalate during the first term of President Ronald Regan. President Regan brought hopes of “tax cuts, higher corporate profits, and less regulation of the economy” Hetherington & Husser (2012). However, it wasn’t long before the trust began to push downwards during President...
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...Context During the 1980s, many Americans found themselves in the heart of a fast-paced and ever-evolving country. After outlasting several radical movements, the Watergate Scandal, Vietnam War, and homeland economic crisis, America emerged from the 1970s as a cutting-edge and undaunted nation. An economic revolution (dubbed “Reaganomics”), pop culture transformation, and a newfound sense of self-improvement forever changed the thinking of people across America. Reduced government spending and inclusive tax cuts, though initially not as successful as hoped, did eventually create 20 million new jobs, dramatically decreased inflation and unemployment, and cultivated a free marketplace-based economy. Artists such as Michael Jackson and Madonna...
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...Research Paper One: The Role of Federal Regulations in Corporate America ------------------------------------------------- ------------------------------------------------- Richa Chopra ------------------------------------------------- ------------------------------------------------- Kaplan University ------------------------------------------------- The Role of Federal Regulations in Corporate America Introduction Dishonesty, greed, cover-ups, and bail-outs are some of the things that come to mind when we talk about the America's financial economy. Are all the hundreds of pages of regulations laid down by the government working in America's favor or is it just another way for the CEOs and the executives for fortune 500 companies to manipulate the system and its people? The corporate governance system started with the corporate debacles and the ultimate crash of the stock market in the late 1920s. As a result government stepped in and created regulations such as the Securities Act of 1933 and 1934, to the ever so popular Sarbanes-Oxley Act of 2002, to the more recent Dodd-Franck Law of 2010. The aim behind these regulations is noble. They are formed to prevent fraud, misrepresentation, bring more transparency and above all, prevent another financial crisis. But, how successful are these regulations? Are we over regulated or are we in need for more regulation? Investors and common public's faith in our economy and capital markets is shattering, they are demanding...
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...Adventures in Cheating A guide to buying term papers online. Students, your semester is almost over. This fall, did you find yourself pulling many bong hits but few all-nighters? Absorbing much Schlitz but little Nietzsche? Attending Arizona State University? If the answer is yes to any or (especially) all these questions, you will no doubt be plagiarizing your term papers. Good for you—we're all short on time these days. Yes, it's ethically blah blah blah to cheat on a term paper blah. The question is: How do you do it right? For example, the chump move is to find some library book and copy big hunks out of it. No good: You still have to walk to the library, find a decent book, and link the hunks together with your own awful prose. Instead, why not just click on a term paper Web site and buy the whole damn paper already written by some smart dude? Que bella! Ah, but which site? I shopped at several online term paper stores to determine where best to spend your cheating dollar. After selecting papers on topics in history, psychology, and biology, I had each paper graded by one of my judges. These were: Slate writer David Greenberg, who teaches history at Columbia; my dad, who teaches psychology at the University of Rhode Island (sometimes smeared as the ASU of the East); and my girlfriend, who was a teaching assistant in biology at Duke (where she says cheating was quite common). So, which site wins for the best combination of price and paper quality? I compared free...
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...The necessity of driving to abilene James A Wilson; Michelle Harrison Organization Development Journal; Summer 2001; 19, 2; ABI/INFORM Global pg. 99 ORGANIZATION DEVELOPMENT JOURNAL THE NECESSITY OF DRIVING TO ABILENE James A. Wilson, PhD, RODe, University of Pittsburgh, Pennsylvannia The Katz Graduate School of Business 412 South 5th Avenue Highland Park, New Jersey 08904 jawilson@katz.pitt.edu Michelle Harrison, M.D., Clinical Associate Professor of Family Medicine University of Medicine and Denistry of New Jersey On a dry, hot, 104-degree July use well before 1988 when day in Coleman, Texas, Jerry B. Harvey's book was published, Harvey, author of having been used in business The A bilene Paradox and Other Meditations on Mana gement (1988), found himself, his in-laws, and his wife driving 106 miles to Abilene to eat school classes and executive workshops. It was published earlier in Organizational Dynamics (1977) and had attracted at a cafeteria with unpalatable considerable a ttention if not food, and then back to Coleman. respect among some professors Before driving off, all had been and industrial consultants. Abilene fairly comfortable in spite of the reinforced system four, open heat, playing dominoes on a systems kinds of theory and was screened porch, fan blowing, and sometimes coupled with the Johari drinking iced lemonade. window. All of these speak to the No one...
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...Connie Burkey Unit 3 Regulations in the Industry of Accounting Research Paper Professor Lerner When looking at the regulations that the government has set down in the accounting sector the old saying “rules are made to be broken comes to mind. Like the rules that are created in the home or for society as a whole, government regulations are set in place to ensure that transactions are being conducted in an honest and lawful manner, and to give a sense of accountability to everyone. These laws that were created by Congress may negatively work for one party and positively affect another. In most cases these regulations are put in place to protect the investor and consumers, and to provide repercussions for a business that does not follow these regulations. Over the last few years, we have seen numerous businesses and individuals, such as Enron and Martha Stewart, who found loopholes around the government regulations that gave them the opportunity to commit the unlawful acts they were involved in. Even with all of the technologically advanced systems set in place individuals in corporate America continue to engage in scandalous behaviors. It has become increasingly obvious that the number of fraudulent activities committed by businesses is on the rise. With, the addition of globalization in the market becoming ever popular, we shall truly start to see that will bring forth cultural clashes that will bring about a new set of problems. I believe with all the different...
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...MONEY LAUNDERING Presented by TUAGIRA MIKE Email: tuagira09@live.com Phone: +250788588648 From RWANDA KIGALI Table of Contents Introduction1 Background 2 Money laundering methods 3 The elements of Money laundering 4 Patterns and Trends of Money Laundering 5 Characteristics ………………………... …………………………………………………………6 Cultural influence6 Foreground factors……………………………………………… ……………………………….6 Legal issues……………………………….………………………………………………………7 Investigation issues……………………………..………………………………………………...8 Methods of obtaining evidence ………………………..………………………………………...8 Investigation techniques …............................................................................................................9 Challenges…………………………………………………………………………………………9 Policing Strategies……………………………………………………………………………......10 Conclusion…………………………………………….…………………………………………..10 References…………………………………………………………….…………………………..11 I. Introduction There are various definitions available which describe the phrase ‘Money Laundering’. Article 1 of the draft European Communities (EC) Directive of March 1990 defines it as the process by which large amounts of illegally obtained money (from drug trafficking, terrorist activity or other serious crimes) is given the appearance of having originated from a legitimate source. In Rwanda context, the crime Money Laundering is defined under article 2, paragraph 1 of law no 47/2008 of 09 September 2008 on prevention and penalizing the crime of money laundering...
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...Reagan Analysis Paper Julie A Scott HIS/145 September 25th, 2014 Brain Brooks Reagan Analysis Paper This paper is supposed to be my opinion on if Reagan was either overrated or underrated as a president, not being from the United States and of course at the time not even living in this country, I did not live through any of the policies he put in place or took away, therefore I found it difficult to make a decision based purely off of what I could read watch or look at. My spin on this will be apparent at the end of my paper Regan tried hard to cut many departments within the government, the department of energy, and also the department of education. Legislators wouldn’t allow that to happen so he cut the budgets to them. I believe that’s why some of our education programs now are a mess. When his secretary of transportation Drew Lewis opposed an illegal strike by the Professional Air Traffic Controllers’ Organization (PATCO), Regan fired them all 11,500 air traffic controllers had to be replaced and trained. Regan had ordered Drew Lewis to do this, the action of Regan cost billions and took several years to recover from, thinking about it how Regan avoided an air disaster I don’t know. How a man who held a union card could be so opposed to them is a mystery. Ronald Regan was also again affirmative action and over time he cut budgets to the civil rights department and there was less African Americans hired into official positions, he didn’t seem to care about all the progress...
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...leadership as a function of three elements (level of analysis): the leader, the followers, and the situation. It can be used to analyze leadership scenarios from each level of analysis separately, which can be useful. However, using the framework as an analysis tool for leadership situations is more effective when analyzing the interactions between the different levels of analysis. For instance, it may be useful to examine a leadership scenario by analyzing the situation and determining the level of stress, the environment, or the task at hand but more information can be gathered by analyzing the interaction between the leader and the situation. If the leader can perform actions to modify the situation, to lessen the stress of the situation for example, there may be a resulting positive effect on the followers. This example highlights one of the unique and useful aspects of the interactional framework for analyzing leadership: the importance placed on the interactions between the leader, the followers, and the situation. The interactional framework for analyzing leadership scenarios is best represented by a Venn diagram, as drawn below, where each level of analysis (leader, followers, and situation) are drawn as open circles that overlap, with all three circles overlapping in the middle. The areas where the circles overlap represent the relationships between the three levels of analysis. The area where all three levels of analysis overlap is representative of the true leadership...
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