Royal Scandals

In: Other Topics

Submitted By steajohn
Words 1242
Pages 5
“Scandals and the Royal Family”

Once upon a time everyone loved them, everyone wanted to be one, and everyone longed for even the smallest glance or wave from them. Many things throughout history have shaken our faith in the Royal Family. Many questions asked but very few answered, and even then the answered ones always seemed a bit sketchy. Are they really better? Are they flawed just like us? Is it possible? Have they really fallen as low as the peasants, as us? Throughout history they were untouchable but now small tidbits of information shed scandalous flickers of light on half-truths or are they full truths? We’ll leave that for you to decide. Did the Royal Family murder Princess Di? Was Prince Albert Victor, Duke of Clarence and Avondale, really Jack the Ripper? With an unscheduled jaunt through an ancient sacrificial Pagan site, Diana and Dodi were taken away from their predetermined haven of Al Fayed’s apartment. Moments before entering the tunnel, not only did every security camera mysteriously died, preventing anyone from ever really knowing what happened on that fateful night, but each and every single police radio quit, blocking any quick responders from saving the princess’s life. Eyewitnesses even reported hearing gunfire and snipers within the tunnel. In 1997, detectives grilled the ex-royal butler, Paul Burrell, for three hours. Seven years later, he came forward to tell about an MI5 link to a letter in which the Princess chillingly predicted her own demise by way of a car crash. Earlier that same year, a new eye witness came forward with a description of a white fiat seen forcing the limo off the road. Every day new facts come to light. Was she really in fear for her life? Was she really pregnant? Apparently, the Royal Family went into crisis mode when 20 or so videos of Di’s secret video confessions of her marriage troubles to the Prince…...

Similar Documents

Royal Ahold

...the Netherlands, Royal Ahold is one of the world’s largest international retail grocery and food service companies. At its peak in 2001, Ahold’s reported sales and profits were €66.6 billion and €1.1 billion and it operated 5,155 stores in 27 countries with nearly a quarter of a million employees. Ahold was started as a family firm in 1887 by the Heijn family. It was a family-controlled business, operating primarily in the Netherlands for over 100 years. The company went public in 1948. In 1989, Ahold underwent a major transition from a family-controlled to a management controlled firm. This transition resulted in a phenomenal period of success for the firm. It generated over a 1,000% return for its shareholders and had a market capitalization of €30.6 billion by November 2001. In February 2003, Ahold witnessed a reversal of fortunes and suffered a complete meltdown. The firm was in a complete disastrous state with nothing going in their favour: a failed strategy, an accounting scandal, the firing of professional management, and litigation filings from all parts of the world. Shareholders lost most of their returns generated since 1989. Ahold scandal gave Europe a reason to believe that corporate governance and accounting problems were not restricted U.S. only. Ahold became “Europe’s Enron” (The Economist, March 1, 2003). It caused Dutch and European policymakers to rethink their approach to corporate governance and accounting policy. The Royal Ahold scandal, along with......

Words: 2323 - Pages: 10

Royal Beatings

...Whether you’ve come from a home without much love, understanding or support, or maybe you have or are suffering from an illness, we have all had experiences at some point in our life that have profound affects in where we’ve come from and in shaping who we are. Take a look at Rose in ‘Royal Beatings’. Rose grows up poor in the back of a grocery/furniture repair store, experiences the loss of her own mother and is raised by her stepmother Flo and father. Before Flo assumed position of stepmother, she was witness to a beating of a man. Sadly, Flo goads Rose’s father to carry out punishments with beatings and threatens Rose with a ‘Royal Beating’ one day. Rose doesn’t know what a ‘royal beating’ is exactly and so conjures up in her mind what it could be. This is a life, whereby, I’m sure anybody would want to escape. Rose does so by withdrawing into a colorful and imaginative world within. In ‘The Yellow Wallpaper’, the author describes the yellow wallpaper as a revolting, smoldering unclean flamboyant pattern stripped in areas on the nursery walls of a temporary rented mansion while her permanent home is being renovated. The described walls alone tell the reader of how one may feel about their own life if this person is undergoing or being treated for temporary nervous depression. Her husband/physician assures her nothing is the matter and she simply just needs the “rest-cure” treatment. Like any person can change in how they feel from day to night, the yellow......

Words: 526 - Pages: 3

Royal Bodies

...Royal Bodies Hilary Mantel is an award-winning and bestselling British author. She is particularly famous for her historical novels. In her speech held at the London Review of Books lectures at the British Museum 2013, Hilary Mantel describes her stance towards the women of the British monarchy. The whole reflection on British female royalty started with a simple task; name a famous person and choose a book to give to them. Hilary Mantel chose Kate, the Duchess of Cambridge as her famous person, and the book she would give to her was Queen of Fashion; What Marie Antoinette Wore to the Revolution. Hilary Mantel quickly states, that in no means does she believe that we are heading towards a revolution. Rather her choice rests on the fact, that she sees Kate as a mere shop-window mannequin, completely and utterly defined by her outfits and nothing else. She describes how Kate has no personality of her own. It does seem rather odd, to judge a person you’ve never met before, based on the way tabloids describe their fashion choices, frankly Kate could have the most amazing personality in the world, but how do you expect it to shine through the glossy pages of a gossip magazine? Nevertheless, she does not identify Kate with Marie Antoinette, rather she identifies the late mother-in-law of Kate with Marie Antoinette, Diana the People’s Princess. Marie Antoinette and Diana are described as “gliding, smiling disasters”. Where Kate is described as the cookie-cutter image of how a......

Words: 1286 - Pages: 6

Royal Mail

... In the following table compares Royal Mail with Deutsche Post and Austria Post, in terms of revenues, earnings and profits. | Royal Mail | Deutsche Post | Austria Post | Revenues (£m) | 9,279 | 46,347 | 1,975 | Earnings before interest and taxation (£m) | 367 | 2,225 | 152 | Earnings (or profit) | 562 | 1,384 | 103 | Share Price (£m) | £5.64 | £20.48 | £30.01 | Market Capitalization (£m) | 5,640 | 24,758 | 2,028 | Earnings per share | £0.56 | £1.15 | £1.52 | P/E ratio | 10.0 | 17.9 | 19.7 | Return on Sales | 3.96% | 4.80% | 7.70% | % state of ownership | 30.00% | 21.00% | 52.80% | | | | | Financial performance The revenues of Royal Mail, at £9.3 billion, are significantly higher than Austrian (£2.0 billion). However, Deutsche Post’s revenues, at £46.3 billion are nearly five times greater than the revenues for Royal Mail. Profits measured by earnings before interest and taxation has increased for Royal Mail from £277 million in 2010/11 to £367 million in 2011/12. This is mainly due to revenue growth. Parcel revenue increased 13 per cent year on year, with letters revenue growing three per cent. Whilst this is strong year-on-year performance in profits for Royal Mail, profits as a percentage of revenues (referred to as “return on sales” in the table above) of 3.96% is a little lower than the 4.80% for Deutsche Post, but clearly much lower than the 7.70% for Austria Post. The lower return for Royal Mail can in part be attributed......

Words: 1391 - Pages: 6

Scandal

...Lehman Brothers Scandal Corporate governance is defined as a system that control and direct a corporation (Shleifer 1997). Governance arrangement specifies dissemination of responsibilities and rights among different contributors in the corporation like financial managers, board of directors and shareholders. It also specifies procedures and rules of decision making in corporate affairs. Besides, corporate governance has plays its role to encourage organization to produce value through innovation as well as development process. Lehman Brothers would be further analyze and discussed in term of accounting scandal below. Lehman Brothers was the fourth largest United States investment bank when it collapsed and this has affected 25,000 employees worldwide. Thus, the significant factors that cause this scandal of corporate failure to be happened would be analysed below. Firstly, Lehman has high degree of excessive debt and leverage which mean ratio of total assets to shareholders’ equity in 2007. Furthermore, it has a huge mortgage securities portfolio that cause this corporate to becoming expose to declining market conditions (Chiquier 2004). Besides, it has the largest debt of $619m, which is the largest bankruptcy filling in history which surpasses Enron. Lehman’s shares decreases a huge amount of 48% concerning it would be the next firm to fail in its corporate governance as it is the second largest underwriter of mortgage-backed securities. Consequently, the declining......

Words: 572 - Pages: 3

Royal Dutch

... CASE 8 ROYAL DUTCH SHELL : FUELING THE WORLD INTRODUCTION Almost 200 years ago, a London historic dealer began importing sea shell from the Far East to supply a fashion for exotic décor. Marcus Samuel enterprise arranged the foundation for a thriving import and export business later run by his sons, Marcus Juniorand Sam. At this time oil was largely used in lighting and lubricants and the industry was based in Baku and Russia with it is large reserve of high quality oil and strategic natural harbour. The arrival of the internal combustion engine in 1886 to a demand for transport fuel. Building on their shipping expertise the Samuel brothers commissioned a fleet of steamers to carry oil in bulk. They revolutionised oil transport with the maiden voyage oftheir first tanker, Murex. In 1892 murex was the first ever tanker to transit the Suez Canal. The brother company was name the shell transport and trading company in 1897. Itused a mussel shell as it logo. Shell transport activity in the East combined with a search for new sources of oilto reduce dependence on Russia brought it into contact with Royal Dutch petroleum. Thetwo company join force in 1903 to protect themselves against the dominance of standard oil. They fully merged into the Royal Dutch Shell group in 1907. Shell changed its logoto the scallop shell or pectin which is used today. By the end of the 1920 Shell was the world leading oil company producing 11% of the world crude and owning 10% of it tanker tonnage....

Words: 2398 - Pages: 10

Libor Scandal

...Corporate Finance Causes and Consequences of the LIBOR scandal In 2012, as a worldwide investigation was made to the way interbank manipulated and offered their lending rates, a scheme was revealed and major banks were part of it; basically they leverage the mention interest rate to obtain a profit. Most notable banks were the Royal Bank of Scotland, UBS and Barclays. However as the investigation continued, new banks were found to be part of the scheme and were made to pay for lawsuits and penalties, as of now, a total of 3.7 billion, a number that can still rise. What they mostly did was to manipulate the London Interbank Offered Rate or LIBOR during several years. LIBOR works as a benchmark interest rate which is created by the rates at which the banks lend their unsecured funds between them on the interbank London market. Libor it is used by many banks as a base to set consumers and corporate loans rates. By 2005 to 2007 it was reported that Barclays was manipulating the LIBOR rate, meaning that they traders would be able to make profit on derivatives that were connected to the base rate. The swaps traders would ask to the banks employees who were in charge of submitting the rate to alter the figures that will benefit the traders, instead of submitting the real rate that Barclays used to borrow money. Then these employees giving wrong numbers would coordinate with other banks so others rates got alter. During this time the LIBOR rate was maneuvered as it was necessary......

Words: 491 - Pages: 2

Royal Bodies

...Royal Bodies "Royal Bodies" is a speech by Hilary Mantel, an award winning and bestselling English writer. Hilary Mantel, born in 1952, is particularly famous for her historical novels. On February 21 2013, at a book lecture at the British Museum, she held a speech, in which she commented on the British monarchy. Hilary Mantel starts her speech by telling how she, last summer, was asked to name a famous person and choose a book to give them. She chose Kate, the Duchess of Cambridge, "a jointed doll on which certain rags are hung". This is a good way to start the speech because Hilary Mantel has now introduced her real purpose with the speech: to discuss the effect of monarchy. Hilary tells how she at a book trade event at Buckingham Palace met the queen. She was surprised how people acted around the queen, as if the queen was made out of glass. The following quote shows how the queen acted when Hilary looked at her: "... Her Majesty turned and looked back at me, as is she had been jabbed in the shoulder and for a split second her face expressed not anger but hurt bewilderment". After this quote Hilary explains her own feelings under this meeting with the queen: "And I felt sorry then. I wanted to apologise. I wanted to say: it's nothing, it's monarchy I'm staring at". Right here, in these two quotes, Hilary uses pathos, because she appeals to the audience's emotions. This makes you feel sorry for the queen. Hilary Mantel uses pathos as a rhetorical device several......

Words: 906 - Pages: 4

Scandal

...run-on bank scenario. If Enron’s customers were willing to continue and use the company’s service, Enron would have been able to avoid bankruptcy. Enron might have had large debts and obligation but they had also large revenue, once Enron lost their credibility they also lost their customers, as they were not willing to continue to use their services. Andersen was a large and established firm, and losing a company like Enron, as their client would not had led to their end, but the company lost their credibility in the eyes of their clients. As a result of that, many clients decided to terminate their contracts Andersen. Following the scandal with Enron, Andersen lost a huge amount of customers, which led the to declare bankruptcy. There are different reasons why so many companies fired Andersen. A strong opinion is that once the scale of the scandal was known, the clients felt betrayed; it is sort of un-American to do such thing. Clients did not want to be involved with a company that causes so many people to loss their job, and causes much harm to many more. Lack of integrity was linked to both Enron and Andersen. Once a perceived lack of integrity is attached to a person, it is really hard to recover from that; it causes irreparable damage. If a lack of integrity is linked to a person, all of his actions will be looked over with suspicions. For example if a tax accountant is caught filling his own taxes unlawfully, any other tax return that he will work on will be......

Words: 2037 - Pages: 9

Libor Scandal

...What is LIBOR Scandal In June 2012, Barclays was involved in alleged manipulation of London Interbank Offered Rate (LIBOR) and the Euro Interbank Offered Rate (EURIBOR) scandal .The scandal led to more serious manipulation events in the whole world afterward. These violations reflected not only the defects of the mechanism, but also a huge loophole in regulation. June 29, 2012, Barclays Bank reached a settlement to the United States Commodity Futures Trading Commission, the US Justice Department and the UK Financial Services Authority on its alleged manipulation of LIBOR and EURIBOR scandal. According to the investigations from the three regulatory agencies, Barclays bank executives and traders requested quoters manually adjusted LIBOR and EURIBOR rates for more than 257 times from year 2005 to 2009. They tried to raise or lower interest rates in order to increase profits from derivatives transaction or to mitigate the losses. In the end, Barclays agreed to pay the fine of 290 million GBP (equivalent to 450 million US dollars). In terms of the lawsuit against LIBOR manipulation to Barclays Banks, US Municipality sued Libor setting banks for the manipulation of LIBOR. Since municipalities started adopted interest rate swaps to hedge their municipal bond sales in the late 1990s, they used variable interest rate which typically had interest rates as much as one percentage point lower than fixed interest rate. States and localities bought $500 billion in interest rate swaps to......

Words: 712 - Pages: 3

Royal Bee

... STUDI KASUS : Royal Bee Electric Fishing Reel Studi kasus ini membahas tentang seseorang yang bernama Royal Barton yang mempunyai hobi berburu dan memancing sejak kecil. Hobi maupun kegemarannya ini dia peroleh dari ayahnya yang juga sangat gemar untuk berburu dan memancing. Namun ketika sang ayah terkena serangan stroke, hobi memancing sang ayah harus berhenti. Hal ini dikarenakan stroke telah menyebabkan tangan ayahnya menjadi tidak berfungsi, sehingga sangat mustahil untuk dapat memegang alat pancing apalagi untuk memancing seperti biasanya. Oleh karena itu, Royal Barton memiliki ide untuk membuat sebuah alat pancing yang bisa digunakan untuk orang-orang yang memiliki keterbatasan secara fisik, dimana alat pancing ini nantinya diproyeksikan tidak hanya dapat digunakan oleh sang ayah tetapi juga oleh orang-orang yang tidak beruntung yang memiliki keterbatasan fisik lainnya. Setelah menghabiskan biaya yang tidak sedikit serta waktu bertahun-tahun untuk mewujudkan cita-citanya membuat alat pancing yang dapat digunakan oleh sang ayah dan orang-orang yang memiliki keterbatasan fisik, akhirnya Royal Barton menemukan sebuah alat yang dapat menjadikan alat pancing tradisional menjadi alat pancing elektrik. Alat temuannya ini berdimensi kecil sehingga dapat dibawa kemana-mana serta mempunyai berbagai aplikasi yang luar biasa. Paragraf-paragraf di atas merupakan penggalan studi kasus yang akan kita bahas. Dan berikut ini adalah pertanyaan-pertanyaan yang muncul dari studi kasus......

Words: 1494 - Pages: 6

Scandals

...was “a healthy product” that was merely mislabeled (Mintz, 1987). In court, when Hoyvald was asked why he didn’t immediately order a product recall upon first learning of possible adulteration, he replied, “And I could have called up Switzerland and told them I had just closed the company down. Because that is what would have been the result of it” (Traub, 1988). Hoyvald first claimed to have known nothing of the adulterated juice concentrate, then later said he had no proof of adulteration, and in any case he had been acting on the advice of Nestlé attorney Thomas J. Ward (who, by the way, had been involved in Nestlé’s response to the boycott against its infant formula marketing practices and, more recently, the Guinness financial scandal in Great Britain). Lavery claimed that he knew of allegations that the concentrate was adulterated, but had no proof. Nestlé attorneys, who defended the two, claimed that the blame belonged solely on the shoulders of lower-level employees (Welles, 1988). The Trial Ends The New York State case against Beech-Nut came to an end in March 1988, when the company paid a $250,000 fine in restitution for the crime of selling adulterated apple juice. The company was fined another $2 million by federal courts for the violations of federal food and drug laws to which it had pleaded guilty in the fall of 1987 (“Beech-Nut Pays,” 1988: D10). The final sanction levied against Beech-Nut came in April 1989, when it was barred from doing......

Words: 3659 - Pages: 15

Scandal

...asset of 556 billion, provides insurance service for more than 150 different countries and it has over 630, 000 employees over the world. Even though AIG is such a giant corporation, it has encountered financial problems in the early 2000s. Under financial pressure and a lack of internal control, AIG have committed frauds resulting in several scandals. One of the accounting scandals was disclosed during 2005 which involved a material mis-statement due to false transactions during 2000. This scandal set to prelude leading the downfall of AIG in 2008. In this paper, I will analyze the cause, the transactions and finally effects of the scandal. The Accounting Scandal The Players The CEO of AIG was Maurice “Hank” Greenberg. Greenberg joined AIG in 1962 and led AIG for thirty eight years until his retirement in March 2005. Greenberg was not only the CEO, but also the chairman of the board of AIG. AIG also have several subsidiaries, which include National Union Fire Insurance Company of Pittsburgh (NUFIC) and Hartford Steam Boiler Inspection (HSB). Their financial information are consolidated in AIG’s financial statements. The scandal also involves another corporation General Re Corporation. General Re is a subsidiary of Berkshire Hathaway, Inc., an investment group run by the billionaire Warren Buffet. General Re also has subsidiaries all over the world and together and it is one of the biggest reinsurance companies in the World. Reinsurance companies are entities......

Words: 281 - Pages: 2

Royal Greenland

...Royal Greenland 1. karakteriser kort virksomheden Royal Greenland Royal Greenland er den største virksomhed i Grønland, som en af verdens førende leverandører af koldtvandsrejer. Virksomhedens har hovedsæde i Nuuk, samt produktionsfaciliteter i Danmark, men primært i Grønland. De har ligeledes salgsselskaber på en række europæiske og oversøiske markeder. På det danske marked, markedsfører virksomheden omkring 1.500 forskellige varenumre, og har overordnede produktkategorier: * Skaldyr – primært rejer og krebs * Naturelle – en bred vifte af fileterede fisk * Convenience produkter – ready to eat produkter og færdigretter * Røget og gravad fisk – primært laks og hellefisk Virksomheden har ca. 2.000 ansatte, som er fordelt med 800 i Grønland og 200 i Danmark. De resterende er ansat på deres fabrikker, i bl.a. Tyskland og Polen. Virksomheden omsatte i året 2012/2013, for 5,3 mia. Kr., og det resulterede i et resultat før skat på 1.680.000 mio. Kr. Royal Greenland har datterselskaber i Skandinavien og Tyskland, Storbritannien, Frankrig og Japan. 2. Analyser Royal Greenlands interne forhold Til besvarelsen af denne opgave benytter jeg mig af SWOT-analysens interne forhold. Her for jeg et indblik i virksomhedens egen situation, og kan konkludere på det til sidst. Dernæst vil jeg benytte mig af værdikæden til at se hvad der skaber værdi for kunden. Stærke sider | Svage sider | Satser på høj kvalitet af deres produkter. Årets resultat har været......

Words: 1915 - Pages: 8

Royal Carribean

...Royal Caribbean Case This main focus of this case study is an analysis on the current situation (data from around 2Q of 2010). The case compares Royal Caribbean to its main competitor, Carnival, through the entirety of the study. The most discussed issue in the case is of Royal Caribbean and its situation relative to the world economy as its recovering from one of the worst recessions since the great depression. From where the timeline of the case begins (2Q of 2010) it had made a large recovery in profit and had cut costs as well. However, even despite the forecasts predicting a further increase in profit, Royal Caribbean along with the cruise line industry is still in a delicate position. The case constantly brings up the point that cruises are solely a purchase based off of discretionary income. In times of economic struggle, discretionary items like cruises are left out of the budget. Another issue that the case brought up with every factor discussed is Royal Caribbean being 2nd place in the world for market share, bested by Carnival Cruise Lines. The case goes back and forth debating whether or not its position within the market share is a good thing. While they by far are in 2nd place, Royal Caribbean has a special niche in the market being the luxury cruise liner with the newer and nicer ships. Overall, the largest theme in this case study is the uncertainty of the cruise industry with the unpredictable economy that may or may not be recovering. Strategic &......

Words: 655 - Pages: 3

Watch now! | First aid | Trinity Seven Movie