Can consumers really afford
Drug testing individuals is not worth the money in the end because most people will not test positive. Most people tend to forget that most people receiving aid also are taxpayers. In 2010, nearly half the poor mother or near poor mothers were at least working part time (Cunha). If the people receiving aid are paying for the drug tests to they would probably rather keep that money then have it be wasted. Drug testing recipients is a waste of money since the government would be wasting more money on giving the tests then they would be
When president hoover came to power he had destroyed the economy. People blamed the president for the cause of Hooverville and his failure to end the Depression. Hooverville was a shantytown built by unemployed and destitute people during the depression of the early 1930s. The victims of Hooverville were people who have lost their homes, their jobs, and most had lost their families to the government.
early stages of the scandal, the San Francisco based financial institution was investigated by the local Los Angeles City’s Attorney and California state officials. Preliminary investigations revealed the extent of the fraud and malpractice predated as far back as 2011. As a result, on September 8, 2016, federal investigators followed suit and the Consumer Financial Protection Bureau Agency opened an investigation against Wells Fargo and handed a $185 million penalty to settle the dispute. This settlement would become the largest fine levied in the agency’s history. Of the $185 million, $100 million comprised of fines from the Consumer Financial Protection Bureau (CFPB), $50 million originated from the Los Angeles City Attorney’s Office, and
One danger for addicts abusing this prescription drug is when a doctor refuses to write a prescription. This forces the individual to buy his or her drug of choice from an independent and unreliable seller. Fentanyl pressed “Xanax” are the most popular version of fake Xanax which, as said earlier, are extremely dangerous and easy to overdose on. About fifty percent of all overdoses involve Xanax or some form of benzodiazepine, while about 30% of all lethal overdoses involve benzodiazepines (Storrs). The death rate from benzodiazepines has more than quadrupled from 1998 to 2013 (Storrs).
However, the high cost of Praulent may deter patients from using the cholesterol-lowering drug. Because the medication costs more than $14,000 a year, insurers have balked at paying for the medication without a proof that it reduces health problems and not just bad cholesterol, CBS reported.
Before the Sarbane-Oxley Act of 2002 came into effect in the American economy, most investors and shareholders were left in the dark – most often at the mercy of big corporations whose accounting practices were largely unregulated. The act was a response to the infamous scandal of Enron, WorldCom, Tyco, and Adelphia – all of whom had unethical business practices that caused their shareholders to lose the astronomical amount of investment when their scandals made headlines. The Sarbane-Oxley Act (SOX) requires a business to implement a code of ethics for its employees, especially senior financial officers; it also requires a business rotate its financial auditors on a regular basis. (Orin, 2008) The implementation of a code of ethics aims to
The cost of the breach was far significant to Target, customers, employees and banks. Important employees lost their position including the CEO (Gonsalves, 2014) and CIO (Baldwin, 2014). Members of Target’s board of directors were threatened with termination (Lublin, 2014). Banks had to reimburse money taken from customers through their credit cards and pay for replacement cards estimating more than $200 million (D 'Innocenzio, 2014). Banks compensated most funds stolen from credit and debit cards, but identity theft was significant in the beginning of 2014 due to an enormous data breaches including Target (Murray, 2014).
A housing bubble was created by banks liberally mortgaging out homes to anyone no matter their credit and bundling mortgages together and selling them to other banks. Because of how they were bundled their credit ratings never reflected the actual risk involved; this practice was unethical but profitable until the system collapsed in 2008 and caused massive losses for both banks and homeowners. The losses were so drastic that Congress voted to bail out several of the banks at the expense of the taxpayers, many of whom were unemployed and facing foreclosure. The economy today is still recovering as interest rates and unemployment continue to return to
As all this came to fruition, the bank was penalized with $185 million dollars in fines and other penalties by county and federal organizations (Blake, 2016). On top of getting slapped with millions of dollars worth of fines, Wells Fargo fired 5,300 employees that may have been involved in the scandal (Blake, 2016). Some of Wells Fargo’s top executives where asked to step down in court proceedings as well as in other meetings with federal agencies. There have also been several lawsuits filed against Wells Fargo by customers and former employees of the company that feel that they were wronged and bombarded with threats. Thankfully, this scandal did not affect most of Wells Fargo’s clients.