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The fiascos involving Wall Street and the banking and financial services industries in general were the most shocking and damaging scandals for both employees and shareholders. Sadly, neither industry seems to have made much serious attempts at reform, so it's likely these types of scandals will occur again at some point.

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The what scandal was the most shocking and economically damaging for employees and shareholders?

The Enron scandal was one of the most shocking and economically damaging scandals for employees and shareholders. The company engaged in widespread accounting fraud, which led to its bankruptcy in 2001, resulting in thousands of employees losing their jobs and retirement savings. Shareholders saw their investments plummet, with Enron's stock dropping from around $90 to less than $1, highlighting the devastating impact of corporate malfeasance on stakeholders.


What was the result of the Enron scandal?

The details of the Enron scandal are: The company's financial statements were not clear to the shareholders and analysts, they also had a complicated business model and unethical practices, that required them to modify balance sheets to illustrate favourable performance.


Which movies have the word scandal in the title?

Notes on a Scandal (2006)Scandal (1989)Scandal U.S.A. (1981)Scandal Sheet (1952)Scandal Sheet (1985)Scandalous (1984)A Scandal in Paris (1946)A Breath of Scandal (1960)Also, here are some non-English movies that have "scandal" in their English titles:Insadong Scandal (2009)Scandal, aka Shubun (1946)Scandal Makers, aka Speed Scandal, aka Kwasok Scandle (2008)The Quiz Show Scandal, aka Kwijeu Wang (2010)Untold Scandal, aka Seukaendeul: Joseon Namnyeo Sangyeol Ji Sa (2003)


What was Clinton's Whitewater scandal?

The Clintons' Whitewater scandal was not much of a scandal. The Whitewater scandal was just an investigation into a fail business deal that the Clintons had invested a lot of money into.


When was The Lady of Scandal created?

The Lady of Scandal was created in 1930.

Related Questions

The what scandal was the most shocking and economically damaging for employees and shareholders?

The Enron scandal was one of the most shocking and economically damaging scandals for employees and shareholders. The company engaged in widespread accounting fraud, which led to its bankruptcy in 2001, resulting in thousands of employees losing their jobs and retirement savings. Shareholders saw their investments plummet, with Enron's stock dropping from around $90 to less than $1, highlighting the devastating impact of corporate malfeasance on stakeholders.


What was the result of the Enron scandal?

The details of the Enron scandal are: The company's financial statements were not clear to the shareholders and analysts, they also had a complicated business model and unethical practices, that required them to modify balance sheets to illustrate favourable performance.


What was the most damaging evidence against President Nixon in the Watergate scandal?

The White House tapes, together with the unexplained gaps, were probably the most damaging. Impeachment charges are never actually brought forth and a trial was never heard, so it hard to say for sure what evidence might have been the most damaging or even what further evidence might be uncovered or revealed.


What is the definition of terms of public scandal?

scan·dal (skndl)n.1. A publicized incident that brings about disgrace or offends the moral sensibilities of society: a drug scandal that forced the mayor's resignation.2. A person, thing, or circumstance that causes or ought to cause disgrace or outrage: a politician whose dishonesty is a scandal; considered the housing shortage a scandal.3. Damage to reputation or character caused by public disclosure of immoral or grossly improper behavior; disgrace.4. Talk that is damaging to one's character; malicious gossip.


Which movies have the word scandal in the title?

Notes on a Scandal (2006)Scandal (1989)Scandal U.S.A. (1981)Scandal Sheet (1952)Scandal Sheet (1985)Scandalous (1984)A Scandal in Paris (1946)A Breath of Scandal (1960)Also, here are some non-English movies that have "scandal" in their English titles:Insadong Scandal (2009)Scandal, aka Shubun (1946)Scandal Makers, aka Speed Scandal, aka Kwasok Scandle (2008)The Quiz Show Scandal, aka Kwijeu Wang (2010)Untold Scandal, aka Seukaendeul: Joseon Namnyeo Sangyeol Ji Sa (2003)


What scandal almost ended Grover Cleveland's chances of becoming US president?

There was a scandal in the life of Grover Cleveland before he was elected as US president. He had fathered a child out of wedlock and forced the child's mother into an insane asylum. Despite such a damaging scandal, he was elected president in 1884.


What is a sentence with the word ''scandal''?

We must avoid being drawn into a scandal. The newspaper headline about the fake designer slippers read, "Sandal Scandal". What scandal will be revealed on next week's episode?


What scandal was yoona and taecyeon in?

A dating scandal.


What are the release dates for Scandal Scripting Scandal - 2012 TV?

Scandal Scripting Scandal - 2012 TV was released on: USA: 4 April 2012


What does scandel mean?

scandalous refers to something that is shocking or taboo and that causes a social uproar. It is used in conjunction with moral action. A politician having an affair is an example of a scandalous act. A scandal is the noun form of the word.


What word means to destroy another person's reputation by false speech?

Slander (noun) a false and malicious spokenstatement; also, defamation, aspersion, scandal, slur, gossip.Libel (noun) a published false statement that is damaging to a person's reputation.


What is the adjective of scandal?

Scandal in adjective form is scandalous. It was a scandalous affair.