Contents Introduction 2 Early Career 2 The Firm 3 Sales Strategy 4 Investment Strategy 5 The Scandal 7 He was not alone 9 The Markopolos Whistle 11 The collapse 13 Charges and Sentence 13 The Victims 14 2009 Ponzi Schemes 16 The SEC Failure 17 SEC post- Madoff 19 Hedge Fund Transparency 20 Conclusion 21 Bibliography 25 Tables Table 1: List of Madoff Clients (taken from the "The New York Times"‚ last updated June 24‚ 2009) 15 Table 2: 2009 Ponzi Scheme SEC Charges 17 Figures
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Case 6.10 – Martha Stewart: Not Such a Good Thing 1. What issues did Martha Stewart‚ Bacanovic‚ and Faneuil miss in making their decisions about selling the ImClone stock in their conduct following the sales? Apply the models and make a list of suggested questions they could have asked that might have affected their decisions. I do not feel any of them were thinking about any consequences! Why was this small amount of money so important to them‚ especially Ms. Stewart‚ who was a multi-
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EXECUTIVE SUMMARY ………………………………………………………………..2 PAIRS TRADING: INTRODUCTION……………………………………………………..3 KEY CHARACTERISTICS………………………………………………………………….5 INSTRUMENTS USED FOR PAIRS TRADING ………………………………………...8 STRATEGY …………………………………………………………………………………10 TESTING FOR MEAN REVERSION ……………………………………………………10 PAIRS TRADING MODEL ………………………………………………………………..11 a. Screening for Pairs b. Trading Rules c. Risk Management d. Risk involved STEPS IN PAIR TRADING ……………………………………………………………….14 CASES ………………………………………………………………………………………
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Sakim Lim FI-302 11/25/2012 Trading Game Report Rewarding the John Parulis’s article “what just happened to in the stock market?”‚ government economy plan and Treasury bonds may influence the stock market. And espeacially the government budget increase and government treasury bonds downgraded from AAA to AA+ by standard and Poor’s are important causes for stock market. “Last week‚ the Dow Jones Industrial Average rose or fell by at least 400 points for four straight days‚ a stock market first
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Sarah Miller Mrs. Seawright Sociology 101 Assignment “Trading Places” 1. Poverty Racism Suicide Violence Drug Abuse Unemployment Homelessness Stress Prostitution Public Transportation 2. The main characters Billy Ray Valentine‚ Louis Winthorpe and the Duke Brothers all have very distinct language and ways of presenting themselves. Valentine speaks in ways that would suggest he is not well educated and does not carry himself in a way that he wants people to respect and look up to him. He would
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Insider dealing in Hong Kong Although insider dealing has been a criminal offence under section 291 of Chapter 571‚ Securities and Futures Ordinance (SFO) in Hong Kong since 2003‚ the Securities and Futures Commission (SFC) was initially slow to prosecute offenders‚ commencing its first criminal insider dealing prosecution only in January 2008. Factors to be considered to commence criminal proceedings In deciding whether to commence criminal proceedings against an alleged insider dealer
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PAIR TRADING STRATEGIES Presented by: Industry Guide: Faculty Guide: Anand Agrawal - 09206 Sulagn Patanaik - 09150 Mr. Vivek Gupta Prof. Devi Prasad Bedari & Dr. Jaba M. Gupta Company: CapitalVia Global Research Ltd. Road Map About CapitalVia Why Pair Trading? Project Objective Scope What is Pair Trading? Methodology Strategy Analysis Observations Findings Limitations Future Scope Pair Trading 1 November 2010 CapitalVia Global Research Ltd. Investment advisory firm Stock tips Commodity
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participant in ecosystems‚ the movement is centered around ecology‚ health‚ and human rights. Though the movement is represented by a range of organizations‚ because of the inclusion of environmentalism in the classroom curriculum‚ the environmental movement has a younger demographic than is common in other social movements (see green seniors). 2. Environmentalism * Environmentalism as a movement covers broad areas of institutional oppression. Examples of these oppressions are: consumption of ecosystems
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Commodities Futures Trading in India Indian markets have recently thrown open a new avenue for retail investors and traders to participate: commodity derivatives. For those who want to diversify their portfolios beyond shares‚ bonds and real estate‚ commodities is the best option. What is commodity trading? It’s an age-old phenomenon. Modern markets came up in the late 18th century‚ when farming began to be modernised. Though the trade’s mechanisms have changed‚ the basics are still the same
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Philippine International Trading Corporation (PITC)‚ a line corporation under the Department of Trade and Industry (DTI)‚ is a self-sustaining government corporation operating under its Revised Charter‚ Presidential Decree (PD) 1071 (1077) as amended. Since its establishment in 1973 as the government’s only international trading corporation‚ Philippine International Trading Corporation (PITC)‚ has been in the forefront of the Government’s economic agenda on market expansion‚ global competitiveness
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