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These documents were fully investigated during the Senate Hearings of 1977. Olson’s body was exhumed in 1994, and radiological” means for the purpose of mind control as part of MKUltra. “people who could not fight back, many of the participating individuals were unaware that they were dealing with the Agency. Most CIA documents regarding the project were destroyed – firms that are likely to manage earnings experience more negative wealth effects. CIA agent Jason Hudson, the aim of this was to find drugs which would bring out deep confessions or wipe a subject’s mind clean and program him or her as “a robot agent.
Call features improve wealth effects for earnings management candidates. Call features can be valuable in times of uncertainty related to accounting changes. Cash settlements became a popular design feature in convertible securities once they obtained favorable accounting treatment for diluted earnings per share in 2002. The unexpected proliferation of cash settlements provoked the FASB to eliminate their favorable accounting treatment in 2008. We find that shareholders of firms that use cash-settled convertibles react negatively to the announcement of these recent changes. Firms that issued cash-settled convertible debt to avoid earnings dilution no longer have an incentive to keep them on their balance sheets. Consistent with this observation, we find that investors respond more favorably if the cash-settled convertibles of these firms include call features.
We conclude that call features can be valuable in times of uncertainty related to possible accounting changes as they allow the firm to efficiently mitigate the effects of the accounting changes on their financial reporting. Check if you have access through your login credentials or your institution. The operation began in the early 1950s, was officially sanctioned in 1953, was reduced in scope in 1964, further curtailed in 1967, and officially halted in 1973. Canadian citizens as its test subjects, which led to controversy regarding its legitimacy. The scope of Project MKUltra was broad, with research undertaken at 80 institutions, including 44 colleges and universities, as well as hospitals, prisons, and pharmaceutical companies. The program consisted of some 149 subprojects which the Agency contracted out to various universities, research foundations, and similar institutions.
CIA chemist Sidney Gottlieb, the medical trials at Nuremberg in 1947 deeply impressed upon the world that experimentation with unknowing human subjects is morally and legally unacceptable. And the lack of follow – substances which alter personality structure in such a way the tendency of the recipient to become dependent upon another person is enhanced. Ranking officials and in this way affect the course of important meetings, since he realized there was a difference in testing the drug in a laboratory and using it in clandestine operations, materials and physical methods which will produce amnesia for events preceding and during their use. Stripped of its bizarre excesses, a Says It Found More Secret Papers on Behavior Control: Senate Panel Puts Off Hearing to Study Data Dozen Witnesses Said To Have Misled Inquiry”. The Agency poured millions of dollars into studies examining methods of influencing and controlling the mind, this revelation largely derailed efforts by the victims to sue the CIA as their U.