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    Business Impact of Financial Records Lost in the Terrorist Attack at The World Trade Center

    Number of Pages: 5

     

    Summary of the research paper:

    In five pages this paper examines what impact the financial records that were lost during the 911 terrorist attack on The World Trade Center had on the business community. Five sources are cited in the bibliography.

    Name of Research Paper File: LM1_TLCrcrds.rtf

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    Unformatted Sample Text from the Research Paper:
    Centers twin towers. Aside from the more frequently reported human suffering comes reports that entire collections of financial records were strewn about and lost forever, creating unprecedented accounting  problems for these businesses. Bibliography lists 5 sources. TLCrcrds.rtf FINANCIAL RECORDS LOST IN THE WORLD TRADE CENTER ATTACK: IMPACT UPON BUSINESSES by   (c) October 2001 paper properly! In the wake of New York Citys recent  tragedy, the news of subsequently unknown events are beginning to emerge from the rubble, not the least of which is the destruction of myriad businesses and organizations that operated out  of the World Trade Centers twin towers. Aside from the more frequently reported human suffering comes reports that entire collections of financial records were strewn about and lost  forever, creating unprecedented accounting problems for these businesses when "a vast array of documents -- ranging from client account information and personnel files to trading records and insurance files" (Anonymous,  2001, p. PG) - also went down with the skyscrapers. "Given the number of financial services companies that were located in the World Trade Center, many of those thousands  of sheaths of paper likely contained critical financial records that only existed in hard-copy form -- and they may now be lost forever" (Barney, 2001, p. PG).  Conducting research using Appropriate Professional Guidance and William Murdicks The Portable Business Writer - which is "designed to serve as the only necessary text for  a first course in business writing at the college level" (Anonymous, 2001) - the student will want to address such issues as backup copies, farming out and outsourcing. After 

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