Bernard Madoff Case
Hello Student,
Before you start to do this paper, one of the first things you should note is that, it is always advisable to read and understand what is required of you; so that when conducting your research you will know what to look for. I have provided you with a list of references at the end of this solution for which you can read through them before your start your analysis. After reading through articles/journals etc. you should then next proceed to create an outline of your analysis. By forming an outline you will be better able to attack each issue in an orderly manner. I have provided a suggested outline for you below (followed by a more detailed approach): * Introduction (which may include a brief overview of the life of Bernard Madoff) * Bernard Madoff Investment Securities (BMIS) (here you can give an overview of the company and its principal business.) * Execution of the Fraud (this section may include a discussion of who were the parties that were involved in the fraud as perpetrators, accomplices, victims or otherwise; and also what were the motives of the perpetrators.) * Discovery of the Fraud (here you may highlight red flags and also you can mention in this section to what extent the Securities Exchange Commission was or was not involved in the discovery of this fraud case.) * Resolution of the Fraud (here you may also discuss how the case was resolved in court and you can also mention controls that could have deterred or prevented the fraud.) * Conclusion (here you can summarize what has been said throughout the paper.) * References (Note for guidance on preparing your list in the APA Format you may visit - http://www.library.ubc.ca/pubs/apastyle.pdf and http://psychology.about.com/od/apastyle/ig/APA-Format-Examples/
Introduction
Numerous corruption allegations and fraud cases could be characterized and marked for the 21st Century. According to Lamont (2011), “the decade’s early years had seen revelations of
Before you start to do this paper, one of the first things you should note is that, it is always advisable to read and understand what is required of you; so that when conducting your research you will know what to look for. I have provided you with a list of references at the end of this solution for which you can read through them before your start your analysis. After reading through articles/journals etc. you should then next proceed to create an outline of your analysis. By forming an outline you will be better able to attack each issue in an orderly manner. I have provided a suggested outline for you below (followed by a more detailed approach): * Introduction (which may include a brief overview of the life of Bernard Madoff) * Bernard Madoff Investment Securities (BMIS) (here you can give an overview of the company and its principal business.) * Execution of the Fraud (this section may include a discussion of who were the parties that were involved in the fraud as perpetrators, accomplices, victims or otherwise; and also what were the motives of the perpetrators.) * Discovery of the Fraud (here you may highlight red flags and also you can mention in this section to what extent the Securities Exchange Commission was or was not involved in the discovery of this fraud case.) * Resolution of the Fraud (here you may also discuss how the case was resolved in court and you can also mention controls that could have deterred or prevented the fraud.) * Conclusion (here you can summarize what has been said throughout the paper.) * References (Note for guidance on preparing your list in the APA Format you may visit - http://www.library.ubc.ca/pubs/apastyle.pdf and http://psychology.about.com/od/apastyle/ig/APA-Format-Examples/
Introduction
Numerous corruption allegations and fraud cases could be characterized and marked for the 21st Century. According to Lamont (2011), “the decade’s early years had seen revelations of
References: Armstrong, B. (2008). Madoff and the failure of the SEC. Retrieved May 8, 2011 from http://mises.org/daily/3260 Berstein, J Bernstein, J. (2009). Madoff Client Jeffry Picower Netted $5 Billion – Likely More Than Madoff Himself. Retrieved from http://www.propublica.org/article/madoff-client-jeffry-picower-netted-5-billion Carozza, Dick Dipaolo, C. (2011). Madoff says Palm Beach client Jeffry Picower knew of scam. http://www.palmbeachpost.com/money/madoff-says-palm-beach-client-jeffry-picower-knew-1433407.html Gasparino, C Gregoriou, G. & Lhabitant, F. (2009). Madoff: A Riot of Red Flags. Retrieved from http://faculty-research.edhec.com/jsp/fiche_document.jsp?CODE=1234770344525&LANGUE=1 Lamont, G Millstone, K. (2009). How Madoff Pulled It Off. Retrieved from http://www.cbsnews.com/stories/2009/03/12/business/main4862910.shtml Piper, D Southern District Court of New York. (2009). Criminal Information: United States of America v Bernard L. Madoff. Retrieved from http://www.cbsnews.com/htdocs/pdf/Madoff_Bernard_Criminal_Information.pdf?tag=contentMain;contentBody Spanier, A Sunderland, R. (2008). Inside the minds of men who want to get rich. Retrieved from http://www.guardian.co.uk/business/2008/dec/21/madoff-corporate-fraud