So, I had an assignment this semester to modernize a myth of our choice from Ovid's Metamorphoses. For all you business people who enjoy Roman mythology.. this is for you (both)! There's a link to the original myth after my version:
Procne, CEO and Philomela, Inc.
Procne, owner of one of the most successful
companies in the world: MacDonulds Corporation, presents a merger idea to Tereus,
CEO of Bargar King Inc., in order to expand into the world market. At the
merger, they conceive a start-up company, I.T.Y.S., despite the advice of their
financial consultants, who predict a grim outcome for the new company.
As the years pass, Procne confides
in Tereus for financial advice and eventually asks him to examine MacDonuld’s
sister company, Philomela Inc., for growth opportunities. Tereus accepts out of
respect for their friendship and convinces Procne that Philomela is in good
hands. Upon looking at Philomela’s books, he is overcome with greed at the
expected growth and profitability of the company. As it grows, he levels out
the profits and embezzles funds on the side, manipulating the books as he sees
fit, keeping it all a secret from Procne.
For several years Tereus continues
this embezzlement in exponentially larger and larger amounts. In order to keep
embezzling, Tereus takes total control over the books and advantage of his
authority in the company to force the accountants to falsify financial reports
to the authorities. Eventually, the actual profitability of Philomela, Inc.
begins to dwindle (though Tereus never lessens the amount of funds he takes) and,
without interference, will succumb to bankruptcy.
Procne is e-mailed by an anonymous
whistle-blower a copy of Philomela, Inc.’s actual financial statements, before
any manipulation from Tereus. Seeing the tattered remains of her once extremely
profitable company, Procne decides to exact revenge on Tereus. Knowing his
personal investment and enthusiasm for I.T.Y.S., Procne convinces all the other
shareholders to sell their shares of stock, effectively ripping the new company
apart and forcing Tereus to eat the remains of the company’s debt.
When presented with the news of this
sabotage, Tereus becomes furious and attempts to slander MacDonulds and
Philomela, Inc. in the media: accusing them of insider trading and obscene
business practices. As a result of the heated, reactionary, and public fight
between the two company owners, Nightingale, Swallow and Hoopoe, LLP are forced
by the powers that be (the Internal Revenue Service, Securities and Exchange
Commission, and the International Financial Reporting Standards board) to
dissolve Philomela, Inc. Tereus and Procne are now, by law, forbidden to own or
operate a company for at least 25 years.
Original (begins at line 401): http://poetryintranslation.com/PITBR/Latin/Metamorph6.htm
No comments:
Post a Comment