Question

In: Accounting

Is Kerviel the only guilty one in this case with regard to his actions? Also, does...

Is Kerviel the only guilty one in this case with regard to his actions? Also, does
the punishment fi t the crime in this case? Explain both of your answers.

Solutions

Expert Solution

  • In my opinion Kerviel is not the only one who is responsible for the action rather as he mentioned about himself: "Labeled as scapegoat".
  • He is the front face, a direct name to the world who must know about this incident but if anyone dig into deeper level he is not the only one.
  • According to me there is no ideal punishment for any crime, rather it's important that to prevent the situation in certain way so that crime can be prevented before they are commited.
  • In this situation as explained before it is very much observed that Kerviel is not the only guilty for what ever happened, also there were other superiors of him who has been proven to neglect their job which lead to this situation.
  • Along with that bank's security and IT system as well as globally, if there is a crime and that deserve the people who commited to have punishment, it should be all of them, and not just one who is focused in the forefront, here in this case for me Kerveil did something unethical and deserve a punishment, this punishment should be also be given to other people who were not in the forefront but was responsible for this situation.

Please up vote. Thanks!


Related Solutions

1. What is the outcome of this case? (Guilty, not guilty, acquitted, etc.) (2-3 sentences) 2....
1. What is the outcome of this case? (Guilty, not guilty, acquitted, etc.) (2-3 sentences) 2. What is the author's basis of dissent OR basis or support for upholding the opinion of the court? (1 full paragraph) 3. How does this judicial opinion (and general case) increase your understanding of what has been learned/discussed during this time period of the class and the events within it? Explain how this case is historically significant to what we have learned. (I full...
Explain this "No one shall be held guilty until proven guilty in a court of Law".
Explain this "No one shall be held guilty until proven guilty in a court of Law".
How justified is Agamemnon in his actions? How justified is Achilles in his rage? What does...
How justified is Agamemnon in his actions? How justified is Achilles in his rage? What does the exchange between Achilles and Agamemnon tell us about the nature of honor and respect in the ancient world?
How does Milton Friedman understand corporate social responsibility and what is his position in regard to...
How does Milton Friedman understand corporate social responsibility and what is his position in regard to it?
Consider a murder trial. Two states of nature: θ1=”Guilty”, θ2 =”Innocent”. Two actions for the jury:...
Consider a murder trial. Two states of nature: θ1=”Guilty”, θ2 =”Innocent”. Two actions for the jury: a1 =”Jail”, a2 =”Free”. The loss function is zero if the jury makes a correct decision. The loss is 5 if the jury let’s a criminal free but it is 10 if an innocent person is sent to jail. Data from DNA is available in the form of a statistical variable X with X|θ1 ∼ N(1, 1/4) and X|θ2 ∼ N(0, 1). Find the...
1.38.5. One diagonal of a quadrilateral bisects the other if and only if the diagonal also...
1.38.5. One diagonal of a quadrilateral bisects the other if and only if the diagonal also bisects the quadrilateral.
In the Enron case, the CEO was found guilty. However, it affected the workers more than...
In the Enron case, the CEO was found guilty. However, it affected the workers more than it affected him. Would you agree? What are your thoughts on this case and how it ended?
The bus service the Meanwells began is the only one in their small city. We’ll also...
The bus service the Meanwells began is the only one in their small city. We’ll also assume there’s no other alternative form of public transportation. For each of the following determinants of elasticity, evaluate the price sensitivity of their bus service at a price of $3 per ride. Question 5 – Substitutability Question 6 – Need Question 7 – Proportion of Budget Question 8 – Are there any proactive steps the Meanwells might take to reduce the price sensitivity of...
Please use ONLY one Excel file to complete case study one, and use one spreadsheet for...
Please use ONLY one Excel file to complete case study one, and use one spreadsheet for each problem. Finally, upload the Excel file to the submission link (Week 3 Case Study) for grading. No credit will be granted for problems that are not completed using Excel. In 2011, when the Gallup organization polled investors, 26% rated gold the best long-term investment. But in April of 2013 Gallup surveyed a random sample of U.S. adults. Respondents were asked to select the...
Please use ONLY one Excel file to complete case study one, and use one spreadsheet for...
Please use ONLY one Excel file to complete case study one, and use one spreadsheet for each problem. No credit will be granted for problems that are not completed using Excel. In 2011, when the Gallup organization polled investors, 32% rated gold the best long-term investment. But in April of 2013 Gallup surveyed a random sample of U.S. adults. Respondents were asked to select the best long-term investment from a list of possibilities. Only 168 of the 650 respondents chose...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT