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
Premium Ponzi scheme Bernard Madoff Fraud
values and attitude to society can be found throughout the play. One of the first things Wilde makes clear is his distaste for the views the upper classes hold on education. Lady Bracknell states when discussing education for the lower classes‚ “It would prove a serious danger to the upper classes.” Through Lady Bracknell‚ who we view as a harsh‚ selfish and obnoxious individual‚ Wilde shows us of his views on the matter. Since we disagree with her opinions‚ it becomes apparent that her view on the
Free Morality Sociology Social class
“So‚ you are not sad for what happened?” “I am happy now as I always am” “Well‚ I don’t understand what you are trying to say.” “Tell me one thing‚ are you happy?” “Well‚NO. I am not happy.” “What is happiness for you then? When are you going to be happy?” “I am just worried‚ finals are approaching‚ there’s a mock test event I have to conduct and other lots of problem at the moment. Maybe I will be happy if I get good grades” “Trust me child it won’t make you happy !!! ” It was an ordinary evening
Premium Mind Thought Debut albums
Patriarchs→(period in the Old Testament – after Beginnings – Genesis 12-50) It begins with Abraham (& Sarah) and his call and continues through Isaac‚ Jacob and his 12 sons. The sons and Jacob are taken to Egypt by Joseph who becomes a leader during the famine. Genesis closes with the death of Joseph. Talks of the ancestors of the Jewish people. (Patriarch→Any of the early Biblical characters regarded as fathers of the human race.) Exile (captivity)→Fall of Jerusalem (Babylonian captivity of the
Premium Judaism Bible Torah
For the last 50 years‚ world population multiplied more rapidly than ever before‚ and more rapidly than it is projected to grow in the future. In 1950‚ the world had 2.5 billion people; and in 2005‚ the world had 6.5 billion people. By 2050‚ this number could rise to more than 9 billion (see chart "World Population Growth‚ 1950-2050"). Anthropologists believe the human species dates back at least 3 million years. For most of our history‚ these distant ancestors lived a precarious existence as
Premium Population growth Population World population
Why you should consider house removals services Moving things from one area to another can prove to be difficult due to factors such as distance‚ size and weight of things‚ weather and traffic. However such important factors are less considered as many people prefer moving things their own way to save money. At the end they result to spending even more and damaging most of their prized goods. Below are seven key reasons advantages of hiring a removal company. Less stressful Whether it is office furniture
Premium Real estate English-language films Management
for us -to put off / delaying things we’ve always wanted to do. I would like to savor every moment I have left. First‚ it’s time for forgiving. I would forgive those who have done something wrong to me. I’d treat them as we’ve never met before. Secondly‚ I’d apologize to my parents: let them know that I know I haven’t been a good son. I’ve just been focusing on my work without taking care of them / I’ve neglected them. I would say/tell them that I love them so much. Next‚ I have to be brave and
Premium English-language films ARIA Charts 2008 singles
Be Careful What You Wish For Janice Johnson English 125 – Introduction to Literature Dr. Jennifer Wells September 1‚ 2014 Be Careful What You Wish For This essay is to compare and contrast the two short stories “How I Met My Husband” and “The Diamond Necklace”. The theme in both of these stories is the fact that you should appreciate what you have and not wish for what you can’t have. As the title hints at‚ in both of these stories there is
Free Short story
IF YOU WERE PRESIDENT HARRY TRUMAN‚ WOULD YOU HAVE MADE THE SAME DECISION AS HE DID‚ WITH DROPPING THE ATOMBOMB ON HIROSHIMA? The 6th of August 1945 was a day that people will always remember with terror. On this day‚ an atomic bomb was used by the U.S. against Japan‚ in the city of Hiroshima. This was the first time in world history. Before this sad event‚ Japan and the U.S. were having conflicts with each other because Japan tried to invade parts of Europe and the Pacific. In an attempt stop Japanese
Premium Atomic bombings of Hiroshima and Nagasaki Nuclear weapon World War II
Freud assumed that humans are hedonistic‚ selfish‚ sexual‚ and aggressive beings. Freud also understood that people do not always attempt to harm others‚ nor do they always attempt to fulfill their sexual urges. An attempt to explain this paradox is at the heart of Freud’s theory about personality development. Freud felt that personality is made up of three elements. These elements are: id‚ ego‚ and superego. We are born with id and it represents our biological urges. Freud felt that we
Premium Id, ego, and super-ego Psychology Sigmund Freud