Running Head: " Bernard L. Madoff Investment and Securities: A Focus on Auditor ’s Legal Liability and Due Care" "Bernard L. Madoff Investment and Securities: A Focus on Auditor ’s Legal Liability and Due Care" XNAMEXXX New England College Abstract Friehling & Horowitz were the auditing firm that "audited" Bernard Bernard L. Madoff Investment and Securities (BLMIS) for over 15 years‚ while Bernie Madoff ran a Ponzi scheme under their noses. This paper addresses the legal liability
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The dilemma presented when faced with a resume containing Bernard Madoff’s firm as a former employer may be complex to some; however‚ from my point of view‚ the dilemma may be resolved by using appropriate and effective selection tools. Dismissing a highly qualified candidate based sole on the reputation or legal troubles of a former employer would be unethical‚ especially since as HR professionals we aspire to be as objective as possible when it comes to selection or hiring decisions. Whether or
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peppermints in your mouth. Therefore‚ you’re all equipped and ready to kickoff this enchanting journey‚ leaving all the uncertainty behind. Bernard then blindfolds you and leads you onto a mystery path. Click‚ clank! You have no idea where you are heading other than Bernard’s constant laughter as more noises come into play. Ha‚ Ha! Then comes a swift movement as Bernard knocks on the door‚ Bang. Bang! He then unties the blindfold‚ you’re speechless‚ jaw dropped‚ right before you are the legendary reindeer
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BUSINESS ETHICS AND SOCIAL RESPONSIBILITY (B) HOMEWORK (13 November 2012) Student: Nguyen Thi Thuy An (Anne) I. DISCUSSION QUESTIONS (page 3) Question 1: Madoff case involves some ethical issues and questions. Firstly‚ Madoff did not tell the investors clearly about the business (what is it as well as details about the contract of investment). As he was former chairman of the NASDAQ‚ everyone was more likely to trust him‚ which resulted in less concern of the contracts‚ the investments‚ or
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Vermont senator. Democratic socialist. Independent. All used to describe presidential candidate Bernard “Bernie” Sanders. A favorite amongst the youth‚ Bernie Sanders is catching the attention of millions of Americans‚ and is picking up momentum all throughout the United States. With his progressive ideas‚ Sanders is setting himself apart from other democratic candidates of the past. Between all this‚ Bernie Sanders is an excellent candidate for the 2016 presidential election because of his experience
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Bernie Madoff is claimed to be the largest white-collar criminal in history. I knew of the scheme when he was arrested‚ however‚ I was not aware of the scope of the crime that had been committed. Furthermore‚ The understanding that I gained from The Madoff Affair documentary involving white collar crime is that not only business managers‚ VPs‚ and even lower level employees are able to commit this type of fraud but that the number one person in charge can run a scheme so big that it boasts billions
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There are several ethical issues surrounding the Madoff case‚ but the two that significantly caught my attention was white collared crimes and enhancing the wealth of the rich at the expense of working class individuals. According to the textbook‚ white-collar crime (WCC)‚ is a nonviolent crime orchestrated by highly educated people‚ resulting in deceit‚ concealment‚ subterfuge‚ and other fraudulent activity; consequently‚ WCC does more damage in monetary and emotional loss in one year than violent
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Bernard Madoff utilized funds from new investors to finance the earnings of existing customers in his financial scheme; a practice regarded as a Ponzi scheme (Ferrell‚ 2009). Charles Ponzi‚ the naming convention originator‚ used this same type effort with postage stamps and con savvy investors to increase the capital needed to trade. The core of a Ponzi scheme is the ability to acquire new investors; greater volume equates to greater earnings. The downfall is the majority falter quickly. Bernard
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by Arthur Miller‚ Bernard is shown as a tremendously memorable character. Throughout the play‚ his contradictions to Biff‚ poor judgments of him and his parent- like personality are well presented. By using the character‚ Miller tries to convey the moral messages and develops an attention grabbing plot First‚ Bernard’s contradictory character compared to Biff‚ makes him memorable. Bernard is literally everything that Biff is not. Biff is a high school football star while Bernard is just an ordinary
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“Cal” by Bernard MacLaverty For Cal‚ some of the choices are devastatingly simple - he can work in the abattoir that nauseates him or he can join the dole queue; he can brood on his past or plan a future with Marcella. Springing out of the fear and violence of Ulster‚ Cal is a haunting love story in a land where tenderness and innocence can only flicker briefly in the dark. Plot Summary Cal is a teenager growing up during the troubles of Northern Ireland. He lives with his father Shamie
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