I would like to discuss the Post with some basic concepts based on the research about the "Classic affinity scam" or "Ponzi Scheme" also called as "Madoff Investment Scandal".This Scam was estimated worth of $64.8 Billion which resulted in collapse of Investments in the global community and effected from the prominent celebrities to the veteran pensioners. Bernard Madoff the founder of Bernard.L.Madoff Investment securities LLC in the early 1960’s was it chairman and also had some prominent positions
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0 SCHEME OF AMALGAMATION APPROVED BY BOARD OF DIRECTORS OF M/S VAYUDOOT LIMITED AND M/S NATIONAL AVIATION COMPANY OF INDIA LIMITED (NOW AIR INDIA LIMITED) FILED WITH APPLICATION OF MERGER ON 12.08.2009. 1 SCHEME OF AMALGAMATION FOR AMALGAMATION OF OF VAYUDOOT LIMITED‚ TRANSFEROR COMPANY WITH NATIONAL AVIATION COMPANY OF INDIA LIMITED‚ TRANSFEREE COMPANY (Under Sections 391 TO 394 and 396 of the Companies Act‚ 1956) 1. PREAMBLE: 1.1 M/s Vayudoot Limited (hereinafter
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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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perception on suggestion scheme. Introduction:- Suggestion scheme is a formalized mechanism which encourages employees to contribute constructive ideas for improving the organisation in which they work. The overall aim is to gather‚ analyse and implement ideas in order to create results that have a positive impact on the business and/or deliver new value to customers. There are two approaches to the suggestion scheme * Traditional approach-which
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SCHEME OF WORK Centre: Course Code: Name of Course Horticulture Session length: 2.5 hours Name of tutor: Number of sessions: 6 Aims of course: To introduce students to horticulture giving them a basic understanding of plant life. Demonstrating and giving practical sessions on planting bulbs and seeds to develop the student’s skills and knowledge. Assumed knowledge: Basic skills read & write and ICT To enrich the learners’ experience and in line with Ofsted priorities‚ embed
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Andrew Cortino April 9th Chapter 2 ?’s 1. Your company is discussing plans to migrate desktop and laptop users to Linux. One concern raised by the users is whether Linux supports the use of CDs and DVDs for both work files and for listening to music. Which of the following is an appropriate answer? c. Linux supports both the UDF and iso9660 file systems for CD and DVD use. 2. You receive a message that you’ve successfully backed up hda2 on your Linux system. What is hda2? b. the
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eGraphical user interface From Wikipedia‚ the free encyclopedia Jump to: navigation‚ search "GUI" redirects here. For other uses‚ see GUI (disambiguation). A screenshot of the GNOME Shell GUI. The Xerox Alto was the first device to use a graphical user interface. In computing‚[1] graphical user interface (GUI‚ sometimes pronounced ’gooey ’)[2] is a type of user interface that allows users to interact with electronic devices through graphical icons and visual indicators such as secondary
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Sahara and Ponzi schemes: What are the parallels? Dr KM Abraham‚ a former Whole-Time member of the Securities Exchange Board of India (Sebi) – the man whose original order led ultimately to a Supreme Court verdict forcing the Sahara Group to wind up two bond schemes and repay investors over Rs 24‚000 crore – made a brief allusion to Ponzi schemes in his order. While ordering two Sahara group companies‚ Sahara India Real Estate Corporation (SIREC) and Sahara Housing Investment Corporation (SHIC)
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Panasonic Warranty 1. The product is warranted for 12 months from the date of purchase. Subject to the conditions of this warranty Panasonic or its Authorised Service Centre will perform necessary service on the product without charge for parts or labour if‚ in the opinion of Panasonic‚ the product is found to be faulty within the warranty period. 2. This warranty only applies to Panasonic products purchased in Australia and sold by Panasonic Australia or its Authorised Distributors or Dealers
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End user database Description A simple‚ searchable online database made up of structured records whose content is generated by the participants. The records normally contain personal information relating to a set of individuals. The database is self-perpetuating in that in order to access it‚ participants are usually made to submit their own information. Usually incorporates instant messaging capability for connecting participants based on a match. Purpose The purpose of this method is to ‘find’
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