you have that much money‚ you need to talk to a financial advisor that you trust. Trust plays the main role in this industry. Never make poor decisions because that can impact your career‚ family‚ and most importantly‚ your life. NFL quarterback Bernie Koser‚ for example‚ spent most of his money at strip clubs‚ family‚ friends‚ and materialistic items. According to him‚ never let one person
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Ethical Behavior Analysis of Bernie Madoff & Enron Ethics‚ ethical values‚ and social responsibility should all work in unison in a corporate business structure. These key traits are better defined as maintaining overall good business morals‚ obtaining employees who possess personal ethical values‚ and finally to behave ethically and with sensitivity toward social‚ cultural‚ economic and environmental issues. For a business to better ensure these quality business traits a code of ethics should
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Bernie Madoff did not work alone. One reason is because a scheme of this magnitude would have been difficult for one man‚ even one as smart as Madoff‚ to pull off alone. Because of his long career and the amounts being traded at the end of 2009‚ the probable answer is that some people involved with Madoff were knowingly skirting financial rules and procedures. Some should be made aware of the legal fuzziness that exists within the financial sector. Such fuzziness has‚ in part‚ been deliberately created
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Bernie Madoff’s $50 Billion Ponzi Scheme Who is Bernie Madoff The Madoff investment scandal is the Ponzi scheme that former NASDAQ chairman Bernard Madoff confessed to in 2008. On March 12‚ 2009‚ Madoff pled guilty to 11 federal crimes and admitted to operating what has been called the largest investor fraud ever committed by an individual. On June 29‚ 2009‚ he was sentenced to 150 years in prison with restitution of $170 billion. According to the original federal charges‚ Madoff said that his
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I side with Bernie Sander; Bernie sanders in my opinion he has what it takes to be our next president. Mr. Sanders and I agree on many situations going on in our world today‚ the environment‚ foreign policy‚ the economy‚ healthcare‚ education etc. Mr. Sanders is a democratic who agrees that environmental actions should be taken; for example Mr. Sanders thinks national parks should be preserved and protected by the federal government. Mr. Sanders response was “yes‚ and the government should protect
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The two Democratic nominees have narrowed down to Hillary Clinton‚ former secretary of state and‚ Bernie Sanders‚ junior United States senator of Vermont‚ who fascinatingly enough‚ isn’t exactly a Democrat. He interchangeably identifies himself as an independent‚ a socialist‚ or an independent socialist. The two candidates share numerous viewpoints on certain policies‚ but the more one observes the more evident it becomes of their different positions and goals as candidates. While Hilary comes off
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Bernie Madoff’s $50 Billion Ponzi Scheme Named after con man Charles Ponzi‚ a Ponzi scheme is a fraud of investment‚ which appeals to investors due to the promise of high returns with little to no risk. Investors believe they are receiving profits however they are merely receiving principal of new investors. In order to be successful‚ the old investors must not withdraw large sums of money at a given time‚ and there must constantly be an inflow of money from new investors contributing to the
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Bernie Madoff‚ former chairman of the NASDAQ Stock Exchange ran one of the biggest Ponzi schemes in U.S. history (Stanwick & Stanwick‚ 2015). Madoff took money from many people and organizations who invested in his fake company promising them above average returns for their investment. Using a small staff along with a couple of family members Bernie Madoff was able to scheme millions of dollars from over 13‚000 people all over the world only to benefit from the scheme leaving others penniless and
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On August 15‚ 2015‚ Bernie Sanders spoke at the Iowa State Fair to talk about several political issues being discussed by presidential candidates. Sanders spoke about human rights for everyone‚ the inequality gap and the minimum wage‚ as well as supporting a national health care plane by expanding Medicare to all. The central idea of his speech was that no matter what gender‚ race‚ or sexual orientation anyone is‚ they deserve the same basic human rights everyone needs‚ as well as equality and living
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As Barack Obama’s second term presidency comes to an end‚ a new chapter begins for America with a new president. One of the most powerful presidential candidate running is Bernie Sanders. According to Sanders‚ America is suffering from a lack of infrastructure‚ low minimum wages‚ and just an overall crippled system that denotes the inequality in Americans. He can implement so many injections and programs to alleviate the tensions that is widening the gap between the rich and the poor and even males
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