Research for the Bernard Madoff Case Paper Example | Topics and Well Written Essays - 750 words

For the Bernard Madoff Case - Research Paper Example Finally, Madoff himself revealed the truth to his sons and they reported this case to the court. Bernard Madoff Investment Securities Scandal involves many ethical issues. Moreover, many stakeholders were also involved in this case. This paper briefly explains some facts, ethical issues and stakeholders involved in Bernard Madoff’s investment securities scandal case. â€Å"Madoff founded the Wall Street firm Bernard L. Madoff Investment Securities LLC in 1960, and was its chairman until his arrest on December 11, 2008† (Bernie Madoff’s Investment Scandal Exposed, 2010). Madoff was able to command the respect of the investors because of his huge experiences in Wall Street in different positions. When he offered the customers huge return even on short term investments through his Ponzi scheme, nobody was in any sort of doubt about the fraudulent nature of the scheme. Investors thought that Madoff has got some magical power to multiply their investments because of his huge experiences in Wall Street. Vernon Silver (2009) has mentioned that the returns that Mr. Madoff’s firm provided were consistently good over the years (Silver, 2009). â€Å"Concerns about Madoff’s business surfaced as early as 1999, when financial analyst-whistleblower Harry Markopolos informed the U.S. Securities and Exchange Commission (SEC) that he believed it was legally and mathematically impossible to achieve the gains Madoff claimed to deliver† (What Has Bernard Madoff Investment Securities Done to Investment Securities?, 2010). These concerns expressed by the financial experts forced Madoff to confess his guilt to his sons in December 2008 which they reported to the court. Even though Madoff revealed that he has started his fraudulent activities in the 1990’s, investigating agencies believe that he has started such activities as early as the eighties itself. â€Å"Madoff told the agents that it was his entire fault, and that he "paid investors with money that

MKTG Essay Example | Topics and Well Written Essays - 500 words - 10

MKTG - Essay Example This association is based in the United States but not only does it have members in this country, but it also has members in another forty eight countries and many of these are some of the largest companies and nonprofit organizations in the world. Direct Marketing Association’s work is not only done at a local level, its marketing campaigns are also done at a regional, national, and international level and this is one of the reasons that this association is one of the most successful of its kind worldwide. The professionalism of its staff enables it to compete effectively against other associations and in fact, it gives it an edge over them. The level of its competitor associations in the marketing business just helps to show the top quality of work that is done at Direct Marketing. This is an association, which any competent organization in the world would aspire to join; this is because it would be a guarantee of its success in the present and the future. Marketing Pilgrim was established as a site where marketing professionals could be able to find jobs that they wanted in marketing companies. This site has over the years since its founding became one of the most popular marketing job boards online. Because it is a leading site in marketing, this is where most companies and other institutions go to when they need to acquire people in marketing and academics in the same field. The Marketing Pilgrim site ensures that its clients stay up to date with the current marketing knowledge, training, and tools, which not only enable them to succeed in their careers, but also helps them obtain information of value and worthwhile connections. This site continuously innovates and develops according to the changes in the marketing scene in the world and it does this for assisting its clients keep up to speed of things so that they do not lose any opportunities if there are any