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board members balance sheets were falsified the enron collapse destroyed the company pensions of many workers it led to a film about one of the most spectacular fraud cases in u.s. history and white to more than $60000000000.00 from stock exchanges. there was also a large scale accounting fraud at the u.s. telecom company and world com the former c.e.o. was sentenced to 25 years in prison investors lost around $150000000000.00. instances of cooking the books a common like it italian dairy giant pommel at the cutbacks following insolvency hit workers heart. attacks parmar world com. all classic cases. the common factor is that the main driver of the scams has a powerful position in the company and is also a major shareholder. the reason actually when those 2 combine you can succeed in avoiding certain control mechanisms those mechanisms were probably also structurally underdeveloped but the fraudster can subvert them. one false step he became infamous bernie made he was given 150 years in jail for his ponzi scheme more than 4000 investors well why they lost their money. the question fo
board members balance sheets were falsified the enron collapse destroyed the company pensions of many workers it led to a film about one of the most spectacular fraud cases in u.s. history and white to more than $60000000000.00 from stock exchanges. there was also a large scale accounting fraud at the u.s. telecom company and world com the former c.e.o. was sentenced to 25 years in prison investors lost around $150000000000.00. instances of cooking the books a common like it italian dairy giant...
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Aug 5, 2020
08/20
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ALJAZ
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now it's being dubbed the enron of germany wild card was the country's famed tech darling but its collapse and arrest of its chief executive after billions of dollars went missing has race among comfortable questions about corporate regulation the regulator got it so badly wrong it fall the criminal complaint against the journalist from the financial times who broke the story al-jazeera as dominic cain has more from berlin until recently this man's company wired card was worth tens of billions of dollars and apparently a lucrative investment option now the firm is insolvent and marcus pawn and several of his former colleagues are in custody on suspicion of manipulating accounts. of her own is suspect and further accomplices agreed from 2015 where to inflict wild cards balance sheet and sales volume through faking come and they were reported through business with so-called 3rd party acquirers wire cards core business was online payment processing over the course of several years it expanded its business around the world but it was its activities in asia which raised suspicion journalists li
now it's being dubbed the enron of germany wild card was the country's famed tech darling but its collapse and arrest of its chief executive after billions of dollars went missing has race among comfortable questions about corporate regulation the regulator got it so badly wrong it fall the criminal complaint against the journalist from the financial times who broke the story al-jazeera as dominic cain has more from berlin until recently this man's company wired card was worth tens of billions...
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he we know what he did in the enron case, in the mueller investigation, when he met with the ap in aprilat seemed to have a lot of ambition when it came to donald trump and the investigation. david: now speaking of donald trump, the president kind of teased us in an interview that lou dobbs had with him earlier this week. >> yeah. david: let me play the tape and get your reaction. roll tape. >> caught them spying, now it's up to our attorney general. as you know, aye wanted them to do it. i didn't want to get overly involved. maybe i should, maybe i shouldn't, but i do hear it's breathtaking, what they found. david: breath taking, john. what do you think he's referring to? >> well, listen, so much is in the public domain already. just think about what we know now that we didn't know three years ago. the fbi submitted a false fisa application, they doctored dock units, they spied on the president by putting an agent in his briefings to try to find out what he might say about russia. it's already breathtaking. and if as we suspect john durham has turned up new information about what happen
he we know what he did in the enron case, in the mueller investigation, when he met with the ap in aprilat seemed to have a lot of ambition when it came to donald trump and the investigation. david: now speaking of donald trump, the president kind of teased us in an interview that lou dobbs had with him earlier this week. >> yeah. david: let me play the tape and get your reaction. roll tape. >> caught them spying, now it's up to our attorney general. as you know, aye wanted them to...
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Aug 15, 2020
08/20
by
KRON
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you remember with enron and all of where they were kind of manipulating the energy markets. didn't we learn any lessons from that and have a better system so that we don't have these blackouts when we know we're going to hot weather. >>so not the same situation a lot and that we have a 3. emergency declared what in 2001. so we need they have we learned a lesson i think you know 1819 years. we call it that at age 3 that was completely driven by the heat. there was so much demand. we also have out cover at the same time that came with this heat wave. and it reduced our solar generation which further tightened the energy supply and then at the same time we're in the middle of wildfires even. we also have to watch for and plan or in me. line that might be threatened by wildfires the inner tight for the taking of firefighters are resident. we had many different factors that went into that. both fleck color and then finally the state's 3 in america will be. i did want to mention that we are we have lifted our states 3 emergency declaration. about it before i believe. we shed a tot
you remember with enron and all of where they were kind of manipulating the energy markets. didn't we learn any lessons from that and have a better system so that we don't have these blackouts when we know we're going to hot weather. >>so not the same situation a lot and that we have a 3. emergency declared what in 2001. so we need they have we learned a lesson i think you know 1819 years. we call it that at age 3 that was completely driven by the heat. there was so much demand. we also...
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Aug 16, 2020
08/20
by
ALJAZ
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israel has agreed to suspend plans to an expanse of the occupied west bank the u.a.e. a summoned enron's shocks defense calling a speech by the iranian president unacceptable possible honey said on saturday the israeli deal was a betrayal. south korea's reported its highest a daily jump in new covered 19 infections since march of 279 new cases on sunday most of those were in seoul south korea has recorded more than 15000 infections since the outbreak began and at least 300 deaths and are fears this latest surge could grow into an outbreak here in the capital. do you the phenomenon we are now seeing appears to be the early phase of mass virus resurgence the food failed to control the spread then it could cause serious damage through a nationwide virus spread in a spike in a number of patients the government is taking the current situation very seriously and making pan governmental efforts to prevent further spread of the virus. a majority of souls new cases have been linked to a church and officials are accusing its leader of violating self isolation rules but haven't shown kong who was a
israel has agreed to suspend plans to an expanse of the occupied west bank the u.a.e. a summoned enron's shocks defense calling a speech by the iranian president unacceptable possible honey said on saturday the israeli deal was a betrayal. south korea's reported its highest a daily jump in new covered 19 infections since march of 279 new cases on sunday most of those were in seoul south korea has recorded more than 15000 infections since the outbreak began and at least 300 deaths and are fears...
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Aug 9, 2020
08/20
by
CSPAN2
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they have both the bill extraordinary institutions that men institutions that enron ways are unique andhave made lasting country since to our country. officials might say what would this conservative entrepreneur sam walton have in common with this passionate mary nadelman and i thought the two people of great examples of what you can do if you say her mind to it to write though you say some things about corporations ceo sent for and since you point out in 1974 the ceo of a large corporation made 35 times and average factory worker earned and ceos almost made it two times the average factory worker's wage. does that bother you? >> guest: it bothers me a lot. leaders in our country and that's not the political levers. business leaders have more of an effect on people and how they live their lives. you have to do are willing to identify with people who are working and you have to be more respectful of the struggles for people trying to make a living in today's economy face and i don't think it's right that in the last 20 years corporate executives have profited personally so much when the
they have both the bill extraordinary institutions that men institutions that enron ways are unique andhave made lasting country since to our country. officials might say what would this conservative entrepreneur sam walton have in common with this passionate mary nadelman and i thought the two people of great examples of what you can do if you say her mind to it to write though you say some things about corporations ceo sent for and since you point out in 1974 the ceo of a large corporation...
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Aug 30, 2020
08/20
by
CSPAN3
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his films, like oscar-winning enron, the smartest guys in the room are often based on in-depth , print journalism. the film draws a wider audience to investigative reporting that has become vital in truth challenged times. the days when theaters dominated distribution was eclipsed by broadcast television and then the choice of cable. options,ntly streaming services like network -- netflix use of documentaries to expand growth and influence and impact. making a murderer spans decades with courtroom fiction and crime documentary. another nonfiction trend is the personalization of filmmaking made possible by inexpensive and easy to use equipment. and available online this as division alternatives. as early as the 1920's, americans produced their own home movies, and starting in the 1980's, trained documentarians like russ mcelroy made their lives the subject of films. like sherman's today, everyone march. has a cell phone and can record and distribute video. with the making experience easy to acquire, audiences can become more sophisticated consumers of screen reality or make truth more i
his films, like oscar-winning enron, the smartest guys in the room are often based on in-depth , print journalism. the film draws a wider audience to investigative reporting that has become vital in truth challenged times. the days when theaters dominated distribution was eclipsed by broadcast television and then the choice of cable. options,ntly streaming services like network -- netflix use of documentaries to expand growth and influence and impact. making a murderer spans decades with...
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Aug 26, 2020
08/20
by
KQED
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and we still do not understand how well they work in the enronments in which they'll be plied.ar was the principal scientist for artificial intelligence at amazon. in her first interview abo her concerns she told us she was forticularly alarmed by an m.i.t. study thaund the sohware prone to mistakes w amazon has questioned the study's methodology. >> as a researcher in a.i., i feel it's my personal responsibility to educate the public of where a.i. truly is today, right? because they hear so much of a.i. being hyped up, you kw, it's supposed to be magical, it's supposed to solve all the world's problems i see the potential in doing need a reality check. time we we need to ask, where is a.i. today? what can it truly do well? >> and when it comes to facial recognition, you don'tth k it's ready for primetime. >> i don't think face recognition is ready forin primetimhallenging applications like law enforcement. other scientists have asked amazon to stop selling rekognition to law enforcement because they say the system's i accuracystill in question, and there are no clear regulatio
and we still do not understand how well they work in the enronments in which they'll be plied.ar was the principal scientist for artificial intelligence at amazon. in her first interview abo her concerns she told us she was forticularly alarmed by an m.i.t. study thaund the sohware prone to mistakes w amazon has questioned the study's methodology. >> as a researcher in a.i., i feel it's my personal responsibility to educate the public of where a.i. truly is today, right? because they hear...
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327
Aug 8, 2020
08/20
by
BBCNEWS
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it could be strange playing enron perhaps to an empty stadium.not know when this place will be packed out again and when fans will bea packed out again and when fans will be a load back in to watch those big by be a load back in to watch those big rugby matches that this place often hosts. great to see you and actually seeing some action on the pitch and if you have never played rugby before touch rugby is a great way to get involved. i make to give it a world without the decor is involved. —— without the tackles involved. it's one of the most famous and forbidding peaks in mountaineering — so scaling the matterhorn, in the swiss alps, is a great achievement for any climber. but yesterday a former british soldier called neil heritage became the first person to do so after a double above—the—knee leg amputation. we can speak to him now. good morning, explain to us where exactly a re good morning, explain to us where exactly are you. we are heading down off the matterhorn so we spent the night and off the matterhorn so we spent the nightand a off t
it could be strange playing enron perhaps to an empty stadium.not know when this place will be packed out again and when fans will bea packed out again and when fans will be a load back in to watch those big by be a load back in to watch those big rugby matches that this place often hosts. great to see you and actually seeing some action on the pitch and if you have never played rugby before touch rugby is a great way to get involved. i make to give it a world without the decor is involved....