about john song potomacThe period where this was all mainly happening was in the late 1990's and early 2000's if the world found out about the schemes of Enron, WorldCom and Tyco. These are a couple of illustrations of firms that top management has committed these acts. About John Song Potomac, an economist, knows the impact this may have on not merely the workers with the company along with its investors, and also each of the stakeholders. These are definitely all the people who are influenced by a company's activities. Whether it be workers, owners, consumers, as well as the community, each one of these groups have some form of a stake in the commercial. You will need to have the best interest for everyone involved. Following the string of scandals who have risen in that time, the us government stepped in and came up with the Sarbanes-Oxley act in 2002. John Song Potomac knows the intentions of this is to obtain companies to get more in charge of their actions plus in general are more ethical. But there are some implications, which make companies do more to operate to follow along with these rules. John Song Potomac understands the advantages and disadvantages with the Act nonetheless it certainly has reduced the quantity of the schemes we have now seen previously. Every time a large clients are foreseeing bankruptcy, it is best to the government to bail them out rather then close their doors. The negative impact it would have on stakeholders is actually much plus the effect it would have on the economy will be worse. John Song Potomac knows the intricacies of numerous moving parts and just what is the best solution. Having the different options you might have and selecting normally the one with least negative impact is a smart idea to have zero other choice. The first period in most people's lives is to grow and build up their assets. It may be before of after graduation or overtaking a small business this is the goal to create a very good base. Than the focus moves to hold and improving the wealth they also have designed for themselves. Over the last stage the attention shifts to living off from your wealth. Clearly every day life is not as easy as that and there may be hurdles during the process which can make you rethink how to save cash and make on that. John Song Potomac is aware that life is not perfect. He tells people what you should expect within the next 20 to fifty years into their lives depending on what walk of life they can be from.