Bernie Madoff

Page 9 of 23 - About 226 Essays
  • Premium Essay

    Burnie Madoff's Ponzi Scheme

    shareholders in the United States. This scheme of his is known as a Ponzi scheme and can also be known as the biggest fraudulent scheme in the United States. Burnie Madoff was born in 1938 and raised in Queens, New York. In the 1960s he developed his own business which quickly turned into a huge multi-million-dollar business called the Barnard L. Madoff Investment Securities, LLC. This business attracted many well know people and celebrities who put their own money into it as an investment for themselves.

    Words: 268 - Pages: 2

  • Premium Essay

    Code of Ethics

    Professional ethics are a set of rules that concern the rights and wrongs within a given profession. They are known as the professional code of ethics or conduct. Ethics can be both, written and unwritten. The written ethics are basically the morals within a profession. On the other hand, the unwritten ethics are more personal or so obvious that they should not have to be stated. When an individual begins a new profession, they are usually aware of the professional ethics that concern their particular

    Words: 2482 - Pages: 10

  • Premium Essay

    Why Did Pzarro Lose The Incan War

    Over the past years all sorts of wars have been won by many different ways. Some by who's running the show, some by who's fighting. The war against the Spanish and the Incas was won by the Spanish. They won because of the advantages the Spaniards had, things like better weapons, and animals. The things they had came with a benefit, like the weapons being steel they lasted longer and the animals being horses to make their travels easier and also a distraction to the Incas. Pizarro the Spanish governor

    Words: 528 - Pages: 3

  • Free Essay

    Entrepreneurship

    Alexis Rau Professor Gregory Graham Exploring Business September 23, 2012 Bernard Madoff After reading the information on Bernard Madoff, I knew I wanted to learn more so I chose to write this paper pertaining to that article. According to the information provided, Madoff promised over 9,000 investors steady returns of 10-12 percent on their investments but never invested any of the money. He used new clients’ deposits to pay off older investors asking for withdrawals. His goal was to fund a

    Words: 516 - Pages: 3

  • Free Essay

    Ponzi Scheme

    Finance 1 22 May 2013 Charles Ponzi In August of 1919 a man by the name of Charles Ponzi was given an International Postal Reply Coupon from a friend. Upon reading the coupon he discovered it was purchased in Spain while it happened to be receiving it in Italy. Charles did some research and discovered that buying the Coupon in Spain cost a low amount of money, but that it could be traded in for more money in the United States. This discovery lead to Charles Ponzi creating

    Words: 987 - Pages: 4

  • Free Essay

    White Collar Crime: Ponzi Scheme with a Focus on Bernard Madoff

    White Collar Crime: Ponzi Scheme with a Focus on Bernard Madoff NAME College White Collar Crime: Ponzi Scheme with a Focus on Bernard Madoff Most people, when they hear the word “crime,” think about street crime or violent crime such as murder, rape, theft, or drugs. However, there is another type of crime that has cost people their life savings, investors’ billions of dollars, and has had significant impacts of multiple lives; it is called white collar crime. The Federal Bureau of Investigation

    Words: 1665 - Pages: 7

  • Premium Essay

    Bernard Madoff

    MVE220  Financial  Risk     The  Madoff  Fraud     Shahin  Zarrabi  –  9111194354   Lennart  Lundberg  –  9106102115               Abstract:   A  short  explanation  of  the  Ponzi  scheme  carried  out  by   Bernard  Madoff,  the  explanation  to  how  it  could  go  on  for   such  a  long  period  of  time  and  an  investigation  on  how  it   could  be  prevented

    Words: 2352 - Pages: 10

  • Premium Essay

    Mary Schapiro's Job Was to Fix the Sec. She Didn't Stop There.

    The US Securities and Exchange Commission (SEC) was reeling in the wake of harsh but justified criticism for failing to predict, control or even contain the global financial crisis. Under its watch, fraudster Bernard Madoff managed to ¬operate the largest Ponzi scheme in history and Wall Street stalwart Lehman Brothers collapsed, taking billions of dollars, business confidence and reputations down with it. It was a heady time with traders investing in schemes they, let alone the regulators, didn’t

    Words: 1573 - Pages: 7

  • Free Essay

    Ownership on Character

    is in the case of Bernard Madoff. Bernard Madoff was an investment banker that eventually became enveloped with greed due to the money he was making. His obsession with tangible possessions such as yachts, cars, and houses led to the largest Ponzi scheme in history. After conning his clients out of over 50 billion dollars with little concern for their well being, Madoff was finally exposed and sentenced to multiple life sentences in prison. Despite being caught, Madoff was given plenty of time to

    Words: 431 - Pages: 2

  • Free Essay

    Business

    ------------------------------------------------- Top of Form Search Bottom of Form * Home Page » * Business and Management Business Ethics Case: Bernard Madoff In: Business and Management Business Ethics Case: Bernard Madoff Introduction In the year 1960, with money he earned installing sprinkler systems and as a lifeguard on the beaches of Long Island, Bernard Madoff founded “Bernard L. Madoff Investment Securities,” a “trading power” house that would become one of the largest independent trading operations in the securities

    Words: 352 - Pages: 2

Page   1 6 7 8 9 10 11 12 13 23