Why Did Enron Go Bankrupt?

Why Did Enron Go Bankrupt?
One of the most successful natural gas merchants in North America, Enron Creditors Recovery Corporation was established by Kenneth Lay in 1985 from the merger of big natural gas pipeline firms InterNorth and Houston Natural Gas. The approval of legislation in the U.S. concerning the deregulation of natural gas sale is one of the events that affected the outstanding financial performance of the company in the 1990s. The development of the online business model known as EnronOnline also contributed to the popularity of the company in November 1999. However, stockholders were alarmed by the sudden decision of the firm to file for Chapter 11 bankruptcy protection in December 2001. History of the Company Why did Enron go bankrupt? There are several reasons for the bankruptcy of the firm. One of...

Why Was the Berlin Wall Taken Down?

Why Was the Berlin Wall Taken Down?
There were many reasons why the Berlin Wall was taken down. For the most part, a combination of economic and social changes brought it about. Why the Structure was Built The end of World War II marked the onset of the Cold War. The nations of Eastern Europe sided with the Soviet Union. Those in Western Europe allied themselves with the US. At the time, the eastern portion of Germany was in Soviet control. The western half was in the hands of the US. The nation was divided into East and West Germany. The wall was the line that separated them. Changes in the Soviet Union The reasons why the Berlin Wall was taken down initially had nothing to do with German policies. The events in the Soviet Union led to its fall. In 1985, Mikhail Gorbachev became the leader of the USSR. His rise to power was...

Why Do Whales Sing?

Why Do Whales Sing?
One of the most fascinating creatures in the world, a whale is a complex being with lots of interesting features and activities. This strong and massive mammal is subdivided into various species, some of the most popular of which are the humpback whale, blue whale and sperm whale. Let’s take a closer look at this wonderful creature and learn about its various important characteristics, including the reason why whales sing. The Purpose of the So-Called Whale Song Why do whales sing? The primary purpose why whales sing is to communicate with other whales. In doing so, they produce lyrical sounds underwater that is referred to as whale song. As massive and powerful creatures, the sounds that they produce are ultimately loud. However, the level of sounds varies depending on what...

Why is My Dog Coughing Up White Foam?

Why is My Dog Coughing Up White Foam?
There are many possible reasons why dogs cough up white foam. When it happens, take the dog to the vet immediately. It may or may not be a life threatening condition, but it is better to be sure. Bloat One possible cause for your dog coughing up white foam could be bloat (twisted stomach). For reasons not yet fully understood, the stomach muscles suddenly gets filled with air. It goes on to put pressure on the other organs. The most affected is the diaphragm. This makes it hard for the dog to breathe. It also contracts veins in the stomach, affecting the heart. The stomach will then twist and turn. The blood supply will be terminated. The most common symptom is that of vomiting. As this is one of the common reasons why dogs cough up white foam, it is important to see a vet as soon as possible. Usually...

Why is Archaeology Important?

Why is Archaeology Important?
In order to understand humankind, people need archaeology to find all the possible reasons, objectives and answers behind the different kinds of human endeavors of past periods. As a science, it helps people study human behavior, chronicle the evolution of cultures as well as understand their histories. Here is a look at its significance to the modern world, which eventually can help us realize why archaeology is important. The Importance of Archaeology to Modern Society Why is archaeology important? With the help of this all-important branch of science, we can learn more about the behaviors and existence of earlier people. This can help a lot especially in understanding the societies and cultures of the people who have gone ahead of us. Even with the unavailability of written records, understanding...