a flourishing Ponzi scheme. A Ponzi scheme “is a fraudulent investment operation that pays returns to separate investors from their own money or money paid by subsequent investors‚ rather than any actual profit earned.” This type of investment strategy is doomed from the start because there is never a plan to completely recoup the investor’s money; however‚ to the investor it seems like a good investment because it promised a higher short-term return. Madoff’s Ponzi scheme had been a well crafted
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Gbengon‚Sennie Microbiology Lab Case study # 5 November 1‚2012 1. What evidence suggests that the young graduate student has contracted what disease? Ans: The signs and symptoms the young graduate student presented‚ show evidence of Lyme disease. 2. What is the environmental pathway for the vector of this disease? Ans: The environmental pathway for the vector of this disease would be a forested habitat. The black-legged tick or the deer tick is the principle vector of this disease (Lyme
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people Earl Jones did not choose a legal path in obtaining his finances. Mr. Jones used an investment fraud referred to as the Ponzi scheme. It’s a scheme made famous in 1920 by a man names Charles Ponzi‚ although he wasn’t the inventor of this plan‚ he was just the first man to take so much money that it became popular all across the United States of America. The scheme works by promising investors abnormally high returns‚ but then not invest their money and just pay the client and himself dividends
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The Bernie Madoff Ponzi scheme was life altering for numerous individuals who trusted in Madoff with their life savings and hard-earned wealth. Although the original scandal made headline news over eight years ago lawsuits and other remnants still remain. In 2013‚ one of largest organizations that people believe contributed the J.P. Morgan (JPM) agreed to settlement with a onetime payment of $billion dollars (J.P. Morgan Chase Will Have To Pay A Fine‚ 2013). Although many believe that JPM was the
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The purpose of the unknown bacteria lab assignment was to select an unknown bacteria culture and‚ through a series of metabolic tests‚ identify which bacteria genus resided in the pure culture received. A nutrient broth inoculated with bacterial culture (numbered 45‚ henceforth referenced as U45) was selected and a streak plate was made to isolate a pure culture for use throughout the assignment. From the streak plate‚ several slides were made to determine the morphology of unknown 45. A Gram stain
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Memorandum to file. Date: June 24th‚ 2013. Subject: Scott Rothstein’s Ponzi scheme. The purpose of this memo is to document my research on Scott Rothstein’s Ponzi scheme‚ the biggest fraud case in Florida. Did Scott Rothstein knowingly lie and take money from investors‚ promising high fake returns‚ only to benefit himself and his conspirators? How he got away with this scheme without being caught is outlined. I have also included some of the red flags that were missed. Facts Rothstein
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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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Defend Boy Willie’s Scheme for Buying Sutter’s Land. In The Piano Lesson‚ written by August Wilson‚ Boy Willie devises a scheme for buying Sutter’s land. Boy Willie has one part of the money saved up. He will sell the watermelons for the second part. Then he will sell the piano for a third part. The only debating issue in Boy Willie’s scheme is the piano. Berniece does not want to sell the piano. This is the only reason for a defense in Boy Willie’s scheme. Therefore‚ I will defend Boy Willie’s
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Exercise 5 Introduction: Many different species of bacteria look similar under the microscope and also have the same staining results (ex. Gram stain). To be able to differentiate between the different species‚ one can look at the metabolic differences (fermentation)‚ as well as the environmental condition differences (temperature‚ pH‚ oxygen requirements). Being able to manipulate these conditions in a controlled environment can help to correctly identify the exact bacteria. Different media
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Books on newton Newtons gift http://elibrary.mel.org/search~S15?/XNewton%27s+gift+&searchscope=15&l=&Da=&Db=&p=&SORT=D/XNewton%27s+gift+&searchscope=15&l=&Da=&Db=&p=&SORT=D&SUBKEY=Newton%27s+gift+/1%2C8%2C8%2CB/frameset&FF=XNewton%27s+gift+&searchscope=15&l=&Da=&Db=&p=&SORT=D&2%2C2%2C the making of a genius. http://elibrary.mel.org/search~S15?/Xthe+making+of+genius&searchscope=15&SORT=DZ/Xthe+making+of+genius&searchscope=15&SORT=DZ&extended=0&SUBKEY=the+making+of+genius/1%2C685%2C685%2CB
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