Corporate Accounting Scandals and Frauds: Alive and Well dispite Enron

Don't have time to post but here are a couple of links on corporate accounting scandals

WikiPedia Definition

Classic Scandals

Corporate Scandals Alive and Well

Anti-Money Laundering



tags: Money Laundering, corporate scandals, accounting frauds, white collar crime

Corporate Executive Get Caught, Citizens and Employees Pay!!

Enron Scandal, true the executive got in trouble, Employees paid the ultimate price in loss of pension.

Martha Stewart was accused of insider trading. Got in trouble for perjury. Now there are more strict rules for stock trading. Now everyone pays with more strict rules

Global Crossing, Adelphia, and Enron were all riddled with scandals. The rest of the companies pay with more strict SEC rules on reporting financials

Lockheed, and Boeing have had ethics violations, the rest of the employees pay with training. A few bad apples forces everyone else to pay.

Companies declare bankruptcy. Delta, United, American etc. Corporate executive get a bonus for completing restructing of the company. Creditors, and employees that had interest in the old company pays the ultimate price, i.e loss of pensions, medical benefits, wage cuts etc.

In the 80's Micheal Milken gets convicted for junk bond violations. Everyone else pays, because rules for handling junk bonds in the market become more strict.

Of course the latest scandal is the HP Spying scandal. Because of the spying scandal the term called "pretexting" has been brought into the spotlight. As a result of the spying scandal, now there are tighter control within the corporation. There are also laws in place to criminalize pretexting. The people that suffer are the victims where their privacy rights were violated.

Moral of the story corporate executive get greedy, break the law, EVERYBODY else pays.




tags: HP Scandal, Adelphia Scandal, Enron Scandal, Global Crossing Scandal, Delta Airlines Bankruptcy, American Airlines Bankruptcy, United Airlines Bankruptcy

Work Place Bullying: Breakdown

What is workplace bullying?

According to WikiPedia, Workplace bullying, like childhood bullying, is the tendency of individuals or groups to use aggressive or unreasonable behavior to achieve their ends. Unlike the more physical form of schoolyard bullying, workplace bullies often operate within the established rules and policies of their organization and their society.

Gary and Ruth Namie define workplace bullying as "the repeated mistreatment of one employee targeted by one or more employees with a malicious mix of humiliation, intimidation and sabotage of performance.".[1]

Workplace bullying is also referred to as mobbing, although mobbing can also mean any bullying by more than one person.


What can you do about this? Now there is legal recourse.

tags: workplace bullying, bullying, mobbing

Work Place Bullying:

I don't have much time to post on Work Environment Bullying: Have been doing research on it. Check out the links below


Anti Bullying Center on Work Issues

Bullying Institute

Wiki Pedia Definition of Workplace Bullying

Work placing bullying is extremely distructive. To fucking prevent this situation, quit your job, and start your own venture. Fuck everyone else.


tags: Workplace bullying,Work Environment Bullying, Corporate Cynic