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Bernie Madoff Case Study

Do you think Bernard Madoff engaged in creating a Ponzi scheme because of greed or did he employ it as a short term strategy and just caught up in a process that he could not reverse?

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I believe that Madoff engaged in creating a Ponzi scheme out of greed. The fact that he may have began his scam nearly twenty years before it was uncovered underscores this fact. A fact that is even more troubling about the nature of this scam is the amount of charities that were involved. It takes a ...

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The solution will provide the student with a relevant answer concerning Bernie Madoff and Ponzi schemes.