What happened in the Enron, Tyco, and Worldcom scandals?

  • Thread starter Thread starter student007
  • Start date Start date
Click For Summary

Discussion Overview

The discussion centers on the Enron, Tyco, and Worldcom scandals, with a focus on understanding the events and implications surrounding these corporate failures. Participants express a desire for clear and concise summaries rather than complex explanations or details about the convicted individuals involved.

Discussion Character

  • Exploratory, Homework-related, Meta-discussion

Main Points Raised

  • One participant seeks a straightforward summary of the scandals, expressing frustration with overly complicated explanations found online.
  • Another participant suggests using Google to find summaries by searching for "summary of company name scandal," implying that this method yields better results.
  • A different participant notes that existing summaries often oversimplify the issues, focusing mainly on "accounting fraud" or the aftermath rather than the core events.
  • One suggestion includes visiting economist.com for potentially more detailed information, although it may require a subscription.
  • Another participant emphasizes that detailed understanding requires reading through various sources to extract relevant information.
  • A link to a site with simplified explanations is provided, but the contributor cautions that the complexity of the scandals is reflected in the descriptions available online.

Areas of Agreement / Disagreement

Participants do not reach a consensus on the best way to obtain clear information about the scandals, with differing opinions on the adequacy of existing summaries and the effectiveness of suggested resources.

Contextual Notes

Participants express varying levels of frustration with the complexity of available information and the challenge of finding concise summaries that adequately capture the essence of the scandals.

Who May Find This Useful

New business students or individuals seeking a foundational understanding of major corporate scandals in business history.

student007
Messages
30
Reaction score
0
I'm a new business student, and am trying to understand what happened in the three titled scandals, however, whenever I look on the net, I find complicated explanations, or news regarding the convicted men. All I want is a clear, concise, summary of what happened at these scandals. Can anyone help me out or possibly give me a link to a site that can offer me what I would like? thanx.
 
Physics news on Phys.org
You're going to need to learn how to do google searches. I went to google and typed in "summary of company name scandal" and got summaries of each scandal. (substitute the name of the company you're searching for where I typed "company name", in case that's not obvious)
 
I did that...the links are either too simplified, where all they really say is "accounting fraud", or they summarize the aftermath of the scandals - the lawsuits, etc. I'm looking for a reader's digest version just highlighting the main points of what the scandals were
 
Try economist.com. You might be asked to subscribe, pay up, etc. Alternatively you can look for printed copies in a library, they should have annual indexes, too.
 
All of the summaries I've seen explain exactly what happened. If you need more detailed information then you are going to have to read through everything and pick out what you are looking for.
 
You know what...

http://money.howstuffworks.com/cooking-books.htm

Exactly the companies your looking for and they have very simplified explanations of what happened.

But remember... there's a reason why most sites have complicated descriptions of what happened...
 

Similar threads

  • · Replies 10 ·
Replies
10
Views
3K
  • · Replies 25 ·
Replies
25
Views
6K
  • · Replies 7 ·
Replies
7
Views
42K
  • · Replies 16 ·
Replies
16
Views
4K
  • · Replies 8 ·
Replies
8
Views
3K
  • · Replies 4 ·
Replies
4
Views
4K
  • · Replies 13 ·
Replies
13
Views
6K
  • · Replies 49 ·
2
Replies
49
Views
7K
Replies
21
Views
4K
Replies
20
Views
31K