We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

The Price Wristle-Blowers Pay for Secrets - Essay Example

Comments (0)
Summary
Usually the person receives an award after disclosing such activities or some payment is demanded before he or she decides to…
Download full paper
GRAB THE BEST PAPER

Extract of sample
The Price Wristle-Blowers Pay for Secrets

Download file to see previous pages... For example, according to the article “Whistle-Blower Awarded $104 Million by I.R.S”, written by David Kocieniewski, Bradley C. Birkenfeld, who used to be a banker at UBS, was caught helping a rich Californian developer to avoid paying income taxes in the US. After being arrested, he informed that he would disclose important information about the Swiss banking system which would help the US government retrieve lost taxes that amounted to billions of dollars. Many wealthy Americans had used their Swiss banks to avoid paying income tax in their country. Now the valuable information provided by the banker allowed the US government to get back a large sum of unpaid taxes from the Swiss banks. In return for this, the banker was given an award of $104 million, the highest amount ever paid to a whistle-blower.
This whole idea of a person benefiting from a crime he committed is pretty ironical. A person involved in activities such as tax fraud is arrested, and when he complies with the authorities’ demands and reveals some vital information, he is rewarded. This means that, in effect, the person is actually being paid for the crime he has committed. The irony of the situation seems amusing. If a person accused of committing several crimes asks for freedom and some monetary reward in exchange for valuable information, he or she will get it. This will allow him or her to return to his previous life and no lesson will be learnt. Moreover, it has become a norm in the society that people demand some kind of reward before they can do something helpful. Many people realize that giving out valuable information is a great and easy way to make money, so they demand a reward before revealing any secrets even if the secrets can actually benefit their own country. The fact that many people want to be paid before doing the right thing is alarming, as it shows that the society is well down the downward path.
In today’s ...Download file to see next pagesRead More
Comments (0)
Click to create a comment
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
The Successful Business Plan: Secrets & Strategies
It is very important that a proper market research is conducted before the new line is launched so that the efforts do not go in vain. The financial situation of the company should also be analyzed and the cushion should be kept so that if the venture incurs loss or becomes difficult to carry on the original company does not suffer any losses.
10 Pages(2500 words)Essay
The Marketing Mix: Price
One such strategy includes deciding upon the prices of the products being offered by the organization. The pricing strategies play a vital role in the success of the businesses for two major reasons: first, they cover up the costs incurred on the production and other activities performed on the product, and second, they indicate the value and worth of the products.
3 Pages(750 words)Essay
The Price of Salt
This book is made up of two main characters, Carol Aird and Therese. Other characters get introduced as the plot develops, but the story mainly surrounds these two women. The inspiration behind this publication, as explained by Highsmith, was a woman she met in brief.
10 Pages(2500 words)Essay
The world price of copper
Table of Contents Abstract 2 World Price of Copper 4 Reference List 9 The World Price of Copper The development of copper metallurgy has been one of the most significant breakthroughs in the history of human life (Joseph and Kundig, 2001, p. 1). It has been viewed by early settlers as of equal importance with the discovery of fire and has contributed greatly to the historical, cultural, and economic development of early civilizations.
5 Pages(1250 words)Essay
The High Price of Materialism
In particular, he asserts that the pursuit of materialism is more of a burden that results in individuals to forego more fulfilling acts. Hence, the desire for more possessions implies people working harder to purchase items, and since the possession does not bring happiness, they are distracted in trying to maintain the items.
5 Pages(1250 words)Essay
Macroeconomics. The oils price
It is a fact that the oil prices have been spiraling in the last two years and at present it has reached 72 US$ per barrel from 40US$ and it has been major cause for concern in all countries, including so called developed countries. It is also a fact that many countries have been witnessing inflationary trends in their economy and are facing negative trend in their 'gross domestic product'.
10 Pages(2500 words)Essay
Price the Product
A tool that can be used to determine how many units must be sold at a particular price to cover all the expenses of the company is the breakeven analysis (Garrison, Noreen, 2003). Another factor that companies must consider
1 Pages(250 words)Essay
The Pay Model
Similarly the Medtronic and Whole Foods have different perspectives of business. Therefore, the compensation views are also different. 2. What is your definition of compensation? Which meaning of
3 Pages(750 words)Essay
Secrets of the FBI (Ronald Kessler)
It looks like a commercial aspect other than educational. There are two things however that is agreeable according to Kessler’s presentation. The exposure he did about planting explosives in some environmentalist’s area of operation to frame these as
1 Pages(250 words)Assignment
The Consumer Price Index and the Retail Price Index
The United States use urban consumers only whereas India combines different consumers. Consumer price index is calculated for different commodities, commodity categories, areas, regions, and nation at large. The trends of spending by the population are
3 Pages(750 words)Essay
Let us find you another Essay on topic The Price Wristle-Blowers Pay for Secrets for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us