CO9V Principals of Finance

Description

1.Assignment Instructions
In a 1-page paper highlight the role played by the Federal Reserve Bank in the U.S. economy. What is the role of the Board of Governors and the Federal Open Market Committee? How does it impact the way all of the banks run? Give concrete examples from the text, lecture and other readings. Discuss your personal opinion on how it is governed. Do you agree or disagree? Why or why not?
2. Assignment Instructions
In a 1-page paper highlight the role played by the Federal Reserve Bank in the U.S. economy. What is the role of the Board of Governors and the Federal Open Market Committee? How does it impact the way all of the banks run? Give concrete examples from the text, lecture and other readings. Discuss your personal opinion on how it is governed. Do you agree or disagree? Why or why not?
3. Assignment Resources
Watch the video on the Enron scandal. Then read the articles listed below before you start your paper.
Enron Video
Enron 15 Years Later: Where Are They Now?
GAILLE PLLC. (2019). Enron 15 Years Later: Where Are They Now? [Gaille Energy Blog Issue 19]. Retrieved from https://gaillelaw.com/2016/02/25/enron-15-years-later-where-are-they-now-gaille-energy-blog-issue-19/
Former Enron CEO Released from Prison to Halfway House
U.S. (2019). Former Enron CEO released from prison to halfway house. Retrieved from https://www.reuters.com/article/us-enron-sklling/former-enron-ceo-released-from-prison-to-halfway-house-idUSKCN1LG08F
Sarbanes Oxley Act
U.S. Securities and Exchange Commission. (Modified 2/15/2012). The Laws that Govern the Securities Industry. Retrieved March 18, 2012, from http://www.sec.gov/about/laws.shtml#sox2002
Assignment Instructions
After reviewing these resources, do some additional research on the Enron scandal. Formulate your own opinion regarding ethics and the case.
Write a 1 page reaction paper to this case. What led to the downfall of Enron? How did the leadership of the company violate ethics laws? How did investment banking contribute to the unethical practices the company followed? Did the Federal Reserve Bank play a part? Give evidence that supports your opinion using credible sources.

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