Global Crossing (GBLX) Global crossing was founded by Gary Winnick, David L. Lee, Barry Porter and Abbot L. Brown in 1997 through a company called Pacific Capital Group (Winnick’s personal venture group). Global crossing provided computer networking services worldwide. The company offered transit and peering links, Virtual private network, leased lines, audio and video conferencing. Its customer base ranged from private individuals to large enterprises and other carriers. Global crossing suffered
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Overview It was all the craze in the early 70s to mid-80s with the first ever gaming condole and classic titles like “Pong,” “Centipede” and “Asteroid”. In 2000, Infogrames Entertainment of France purchased a small stake in the company and later bought out the full company, changing the name to Atari S.A. The $11 million deal between Infogrames and Atari was positive for Infogrames and its shareholders (Malware, 2014). Infogrames’ CEO David Gardner stated the merger would create a simplified
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REBEL ANGELS BY LIBBA BRAY CHAPTER ONE CHAPTER TWO CHAPTER THREE CHAPTER FOUR CHAPTER FIVE CHAPTER SIX CHAPTER SEVEN CHAPTER EIGHT CHAPTER NINE CHAPTER TEN CHAPTER ELEVEN CHAPTER TWELVE CHAPTER THIRTEEN CHAPTER FOURTEEN CHAPTER FIFTEEN CHAPTER SIXTEEN CHAPTER SEVENTEEN CHAPTER EIGHTEEN CHAPTER NINETEEN CHAPTER TWENTY CHAPTER TWENTY-ONE CHAPTER TWENTY-TWO CHAPTER TWENTY-THREE CHAPTER TWENTY-FOUR CHAPTER TWENTY-FIVE CHAPTER TWENTY-SIX CHAPTER TWENTY-SEVEN CHAPTER TWENTY-EIGHT CHAPTER TWENTY-NINE
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"Lessons from Lehman Brothers: Will We Ever Learn?" #2.Discussion Question: What was the culture at Lehman Brothers like? How did this culture contribute to the company’s downfall? Discussion: The unethical culture by the top executives in the Lehman Brothers company was one of the major contributions to the downfall of this organization. According to the legal expert Anton R. Salukis, Lehman Brothers excessively used accounting manipulations. The negligence or the willful blindness of Lehman’s
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The Health Nut Case Brief In this situation I would recommend Bregmann and Bury consider declaring bankruptcy. At the outset, it is clear there is not enough cash and the situation is vital and urgent. When you consider that The Health Nut in early January 2006 had $21,000 in bank loans and approximately $25,000 in credit card debt and at the time of purchase from the previous owners the business was purchased for $22,000, it is obvious that there is an overreliance on debt. At the end of the
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Blockbuster Reorganization Dana Brown ACC 401 02/23/2014 Professor Neely Blockbuster Reorganization INTRODUCTION In today’s economy so many businesses are failing and having to file for different types of bankruptcy. Some of the very common ones are Chapter 13, Chapter 7 and Chapter 11. Chapter 11 is more common for corporation and businesses. Chapter 11 reorganization is when the business is on the “verge of bankruptcy but believes it can be successful again” ("Chapter 11 Definition", n
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"Lessons from Lehman Brothers: Will We Ever Learn?" Maria Diana Lazaro, Freda Macaisa, and Patricia Molina MGTP/521 February 20, 2013 Richard Dettling "Lessons from Lehman Brothers: Will We Ever Learn?" #2.Discussion Question: What was the culture at Lehman Brothers like? How did this culture contribute to the company’s downfall? Discussion: The unethical culture by the top executives in the Lehman Brothers company was one of the major contributions to the downfall of this organization
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Home Page» Business and Management World Com In: Business and Management World Com 9-104-071 REV: SEPTEMBER 14, 2007 ROBERT S. KAPLAN DAVID KIRON Accounting Fraud at WorldCom WorldCom could not have failed as a result of the actions of a limited number of individuals. Rather, there was a broad breakdown of the system of internal controls, corporate governance and individual responsibility, all of which worked together to create a culture in which few persons took
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MGMT 307 Sample Final Exam 1. ___________ describes how dependable and responsible a person is. A. Emotional stability B. Conscientiousness C. Extroversion D. Locus of control E. Self-efficacy 2. Meg is very relaxed and secure. Meg is probably high in A. emotional stability. B. conscientiousness. C. extroversion. D. agreeableness. E. openness to experience. 3. The statement, "My boss doesn't know how to do his job," reflects the __________ component of an attitude.
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Bankruptcy Fraud By Robyn Carter Forensic Accounting Data Analysis Bill Makkkawi October 13, 2009 Bankruptcy Fraud What is Bankruptcy? Bankruptcy is a way for individuals or businesses to satisfy debts. There are four types of bankruptcy. There is Chapter 7 which is a complete liquidation for individuals. Chapter 7 bankruptcy liquidates assets that are not exempt and uses the proceeds to pay creditors. In this bankruptcy creditors may be paid in
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