The Ponzi scheme Bernard L. Madoff entered a federal courtroom back in March of 2009 to admit that he had run a vast Ponzi scheme that robbed thousands of investors of their life savings. A Ponzi scheme is when potential investors are wooed with promises of usually large returns‚ usually attributed to the investment manager’s savvy skill‚ or some other “secret sauce”. Returns are repaid‚ at least for a time‚ out of the new investors principal‚ not from profits. This can continue as long as new
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ENERGY CONSRVATION : A VIEW FOR ENERGY MANAGEMENT & ENVIORNMENT BY:-Harshal rane (BE MECHANICAL) ABSTRACT :- In present world the need for electrical energy is quite essential in every aspect of our life‚ but at the same time the crisis for the electrical energy has been increasing proportionately. The present trend of producing electrical energy via coal‚ nuclear and hydro means are degrading the healthy atmospheric conditions an they are also in
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Nursing Name Institution Conversion Disorder Introduction Conversion disorder refers to a mental health condition that has symptoms that indicate neurological signs such as speech impairment‚ numbness‚ paralysis‚ blindness‚ and tremors but without any neurological cause‚ substance abuse or physical disease. These symptoms are preceded by psychological stress or conflicts in life. This disorder is caused by psychological reactions from a highly stressful condition or event. Other psychological
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American International University Online Unit 2 Individual Project ENGL107— English Composition II November 20‚ 2010 Using Resources Introduction Ponzi Schemes are also called pyramid schemes. A pyramid scheme is a non-maintainable business replica which involves the exchanging of money solely for purposes of joining other investors or individuals into the business venture‚ without any services being distributed. In a Ponzi scheme‚ potential investors are wowed with the promise of hefty
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8.4.4 Direct Conversion In this conversion method the old system is completely dropped and the new system is completely implemented at the same time. The old system is not available after implementing the new system. Before implementation‚ it must be ensure that the new system is completely functional and operational. This conversion is used when it is not possible to continue operating both the systems together. The data which is used in the new system should be imported from the old
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least. Traffic congestion in the city of Tempe has been increasing because of how large Arizona State University is becoming. During the time of 4 to 7-oclock it is hard to get from one end of town to the other‚ this is due to people getting off work or getting out of classes. The more innovated the university becomes‚ more construction is released near roads which then becomes a large factor to the issue of traffic. Many people don’t believe how simple solving traffic congestion can be in Tempe
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This week I am to find the equation of a line that is parallel or perpendicular to given lines that pass through specific point. The given equation y=12 x+3 The parallel line must pass through point (-2‚ 1) Parallel lines share the same slope so the slope of the new line will be12. Because I have an ordered pair and the slope‚ I can use point-slope to find the new equation Y-y1=m(x-x1)
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Parallel arrays and arrays of structures An array of structures are usually equivalent to parallel arrays of the components. For example‚ if each student record consists of an ID number and a GPA value‚ then a list of students can be represented as an array of structure: The same data can be stored as two arrays that "parallel" to each other‚ in the sense that the same index in them indicate data for the same student: Usually the first way is more natural and convenient. Advantages and
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Literature Review Al-Ikhsan sdn bhd Al-Ikhsan is one of the famous brick and mortar that transform to brick and clicks business in Malaysia. The Company started as a single sole proprietorship and each new store that was opened was individually registered as sole proprietorship also. Later on‚ for tax and administrative purposes‚ a Private Limited Company‚ Al-Ikhsan Sports Sdn Bhd was set up. Today‚ the name Al-Ikhsan is synonymous with football. In 1993‚ Al-Ikhsan Sports was formed with a
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suitable procurement strategy for a construction project‚ there are some issues which need to consider. From all of those issues‚ there are 3 big issues that mainly affect the selection decision which are time‚ cost and quality. There is several type of procurement strategy available in market that commonly used for construction project and each of the common method will be analyze and compare to find the most appropriate method for this project. The choice of procurement strategy is very important
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