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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Ukrainian meals. People in Ukraine like to eat good and tasty food cooked of fresh product. Fast food is not very popular in Ukraine as Ukrainian women prefer to cook at home. And many of them are real masters at cooking. Since old time Ukrainian national cooking has been famous for great variety of tasty and useful dishes. Ukrainian women always collected recipes of cooking different dishes. This tradition is kept nowadays as well. The most popular dish in Ukraine which every Ukrainian lady
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The term Ponzi scheme was named after Charles Ponzi‚ a con man from the 1920s. Ponzi began his “business” by buying and selling international reply coupons. He was able to persuade some friends to invest in this endeavor‚ by telling them that he could double their investments. Essentially‚ Ponzi made no profit off of this scheme because the circulation of money from new investors is what sustained his “business”. Unfortunately for Ponzi‚ many investors and the media began to question the legitimacy
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List of government schemes in India The ministries of Government of India had came up with various schemes time to time. These schemes could be either Central‚ State specific or joint collaboration between the Centre and the States. They are detailed below: Scheme | Ministry | Launched on | Outlay/Status | Provisions | Aam Aadmi Bima Yojana | | | | death and disability insurance for rural landless households | Bachat Lamp Yojna | MoP | | | reduce the cost of compact fluorescent lamps
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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 returns‚ by the fraudster savvy‚ skill or other secrets
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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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INTRODUCTION Incentive schemes is a system that a company uses in order to recruit and retain valuable staff‚ reward performance and productivity and get the best out of its employees. Incentives are rewards that are given when a certain goal has achieved. On the other hand perks are benefits that are given in addition to basic salary. Both incentives and perks can be financial or non-financial and also can be given to individuals or to a group. More explicitly‚ financial incentive schemes may include bonuses
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The Mid Day Meal Scheme is a programme of the Government of India that‚ among other things‚ seeks to address issues of food security‚ lack of nutrition and access to education on a pan nation scale.[1] It involves provision for free lunch on working days for children in Primary and high school. The primary objective of the scheme is to provide hot cooked meal to children of primary and upper primary classes.[2] with other objectives of improving nutritional status of children‚ encouraging poor children
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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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When it was first established in the United Kingdom during the stressful period of the Second World War‚ Meals on Wheels served a very different purpose than it does today. In the modern age‚ it has become the leading movement to alleviate the scourge of hunger amongst seniors around the Western world. By 2050‚ the number of people aged above eighty years old will quadruple‚ mainly due to a combination of lessening birth rates and increased longevity amongst people in the developed world. Therefore
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