Bernie Madoff’s $50 Billion Ponzi Scheme Named after con man Charles Ponzi‚ a Ponzi scheme is a fraud of investment‚ which appeals to investors due to the promise of high returns with little to no risk. Investors believe they are receiving profits however they are merely receiving principal of new investors. In order to be successful‚ the old investors must not withdraw large sums of money at a given time‚ and there must constantly be an inflow of money from new investors contributing to the
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In his speech‚ Bernie Sanders talks about the legalization of marijuana and creating more jobs for the un-employment of people between 17-20. Bernie made the argument on legalization of marijuana seem like marijuana is not harmful and should not be a schedule 1 drug. Bernie compares heroine and marijuana with are both classified as schedule 1 drugs and says marijuana isn’t as dangerous as heroine. When he does this‚ Bernie is using the Definitional Fallacy by making it seem like marijuana shouldn’t
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By 2008‚ Bernie Madoff had grown Bernard L. Madoff Investment Securities to 200 employees and commanded tremendous respect on Wall Street (Gregoriou & Lhabitant‚ 2009‚ p. 90). His lines of business included market making‚ proprietary trading‚ and investment advisory services. Madoff used the investment advisory services sector to perpetrate his Ponzi scheme. More than $750 million dollars of stolen funds were transferred to the market making and proprietary trading operations‚ keeping those portions
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Bernie Sanders believes that minorities should not be terrorized and feel unsafe in America. He claims it as an embarrassment in the twenty-first century to see these types of hate crimes. Many communities don’t trust police officers‚ and it’s unacceptable to see the people sworn to protect us are the perpetrators. Bernie suggests some ways to help stop police brutality is to have higher requirements for who can have certain weapons. You should have to work your way up‚ and get the privilege to
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Even from the earliest points in his life‚ Bernie Sanders has been a powerful example of bravery. Born to Polish immigrants in 1941‚ Sanders was not blessed with prosperous childhood years‚ as he grew up in a cramped Brooklyn apartment. However‚ during these early years the future senator and now presidential candidate began to form an interest in the political world. In an interview with the Guardian newspaper‚ he proclaimed‚ “I saw unfairness. That was the major inspiration in my politics.” (bio)
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made it to the office. As a senator‚ Bernie Sanders was very organized‚ and he received so much attention for his speech against tax relief‚ unemployment insurance reauthorization‚ and job creation act of 2010. People encouraged him to run for the 2012 presidential election‚ and they even signed petitions in order for him to run. In the year of 2016 Bernie Sanders is now running for president and seeks for justice for all kinds of people of different races. Bernie Sanders is considered a hero to immigrants
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David Zuckerman‚ headlined by Bernie Sanders. This rally was a gathering of people who believe in what the Vermont Democratic Party stands for. There were a lot people; most of us were standing‚ waiting. More people came into the room and later Bernie Sanders came after with one other man and woman. As soon as he came into the room‚ people were standing and cheering for him. One of the guys with a suit started off by introducing Bernie Sanders and some politics stuff. Bernie Sanders up next talking about
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a more modern world? I believe electing Bernie Sanders to be our new president will create a better future for young youth like you. Bernie can finish what Obama has started in creating an accepting America and a better future for our generation. We will look over Bernie’s stands on accepting money‚ drug wars‚ and promises. Think about this. Bernie refuses to take money from millionaires. From the Huffington post sigh “25 Reasons Why I’m Voting for Bernie Sanders” I found this quote. “Hillary Clinton
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Unethical Marketing and its Consequences By Jose Gonzalez Dr. Henry Roehrich Park University MK351 26 January 2014 Outline Purpose Statement: To provide an understanding what constitutes ethics in marketing‚ what are some of the laws and code of ethics that protect unethical practices‚ and provide some examples of unethical behavior in marketing and their consequences? I. What constitutes ethics in marketing? A. Definition of marketing ethics II. What are some of the
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responsible to what a society has defined and regulated to be ethical or unethical behavior. Sexual harassment is one of the unethical conducts that a lecturer can conduct at a university. Sexual harassment is defined as any kind of sexual behavior that is welcome and/or inappropriate for the work place” (Cornell). This paper discusses the unethical behavior of a lecturer to students focusing on sexual harassment as unethical conduct at a university and how the principles and the ethical theories
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