This documentary is about a corporate scandal in japan that made waves world wide. Olympus was a huge tech company and were exposed due to fraud for a ridiculous amount of 1.7 billion dollars. The people in charge of the company were Michael Woodford which stood as the president and Kikukawa which was the CEO.Continue reading “Olympus:1.7 Billion Dollar Fraud”
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Mercedes goes to Motown
The documentary about Mercedes moves to Motown has taught me a lot about the struggles, difficulties and the process of mergers and acquisitions. A merger and acquisition in essence is when companies combine their assets through different financial transactions. A merger is when two companies seek to solve their business problems together and the boardContinue reading “Mercedes goes to Motown”
The Madoff Hustle
Everyone believes that they will never fall for a scam but as human beings are we not the most vulnerable when in times of need? This is the opportunities scammers look for, to prey on the people that are naïve. This is how Madoff id responsible for probably one of the biggest financial scams toContinue reading “The Madoff Hustle”
RBS: Inside the bank that ran out of money
When watching the documentary about the Royal Bank of Scotland about the financial crisis it became apparent that Fred Goodwin was a bit “over his head” in terms of not wanting to listen to other professional opinions when he become CEO and pushing RBS to buy too much. Fred managed to be able to convinceContinue reading “RBS: Inside the bank that ran out of money”
The last days of lehman brothers
The fincancial crisis begun when the United states of America housing market collapsed. What followed was that one of the biggest investment banking companies in the world lehman brothers would then file for bankruptcy. This was the largest bankruptcy of the entire world and happened on the 15th of decemebr of 2008. This included 639Continue reading “The last days of lehman brothers”