Bernard Berenson

While sports has always provided entertainment and escape for participants and spectators alike, much of its cultural importance lies in its frequent use as a metaphor not only for American democracy (see the above quote from F.T. Miller), but individual fulfillment. In his essay explaining the cultural context in which American sports literature was created, Wiley Lee Umphlett describes how in the early 20th century, when a large number of American schools first incorporated physical education…

luxurious lifestyle, lived by a man from Queens, New York, and accompanied by his family and friends. The leader of the scheme, Bernard Madoff, is now serving 150 years in prison for cheating his investors out of an estimated $65 billion dollars. He is arguably one of the most hated people in history, ruining the lives of essentially everyone who believed in him. In 1960, Bernard Madoff created a small trading firm with his name on it. The firm was created with, "money he saved working as a…

The world sees museums as a place to go to be entertained or to learn about something. One of the world’s most popular museum resides in the upper west side of New York City. Aside from it being a tourist spot, it’s also one of the biggest museums and holds a huge collection of artifacts varying from different times of history. An approximation of the amount of artifacts is, “8 million, but many curators will privately admit that this is most likely a guess.” (Preston, :176). What people don’t…

chose the scandals of Bernard Madoff. Bernie Madoff has committed one of the largest financial fraud, Ponzi scheme, in history and 'made a loss of nearly $65 billion. Bernard Madoff is an American fraudster and a former stockbroker, investment advisor, and financier. Bernie Madoff was a well-known and a well-liked man on Wall Street. Madoff had a perfect reputation, not only in the investment market, but socially. He ran an elaborate Ponzi scheme at his investment company, Bernard Madoff…

conduct in a trustworthy and respectable manner so clients are treated fairly. However, with the desire and the possible underlying goal to maximizing profits, corporations often are faced with ethical dilemmas, such as Bernard L. Madoff Investment Securities, LLC, which was run by Bernard “Bernie” Madoff. Madoff orchestrated a ponzi scheme for nearly 18 years by attracting investors, falsifying statements, and through the use of feeder funds. Bernie Madoff was a well…

into a Ponzi scheme if the perpetrator plays his cards right. This is accurately highlighted in what is commonly known as one of the largest Ponzi schemes in history - the Madoff Ponzi scheme perpetrated in the United States. In 2009 Bernard L. Madoff, principal of Bernard L. Madoff Investment Securities LLC, pled guilty to defrauding investors of an estimated $64.8 billion. Madoff, who was charged with conducting a multinational, multibillion-dollar Ponzi scheme, pled guilty to charges of…

Could you imagine stealing billions of dollars? Well, for Bernard Madoff this was no imagination. Bernie was an exceedingly admired stockbroker on wall street hence, no one questioned his doings. Being that he was of such high authority and acting nonchalant his scheme lasted numerous years. Bernie Madoff grew up in an unpredictable household with his parents. Bernie 's parents had a large role on his life and this is the reasoning behind why he did much of what he did. His parents were not…

In Jane Eyre, Charlotte Bronte employs birds a symbol in order to highlight important themes in her novel. While birds traditionally symbolize freedom and expression, Bronte uses them to show independence (or a lack of), freedom, and rifts in social class. Bronte also depicts some of her most prominent characters as birds such as Jane, Rochester, Adele, Bertha, and even Rochester’s guests. Through the use of bird symbolism Bronte highlights important topics in her novel, while giving the reader…

Quattrucci 1 Christopher Reeve, an actor who portrayed Superman on the big screen, once said, “A hero is an ordinary individual who finds the strength to persevere and endure in spite of overwhelming obstacles”. Through his life, Christopher Reeve suffered greatly after a tragic accident and endured great struggle afterward. Ironically, he played an almost immortal character, Superman who was a terrific hero to the world. Much like Christopher Reeve along with his character of Superman, Roy…

Several times a year, Corporations across the country feel the pressure of hitting analysts’ earnings expectations, and the very real possibility of missing those expectations. The consequences for missing earnings expectations goes much farther than management’s job certainty, and can directly affect the view that investors have on a company. Earnings management (EM) helps make meeting these expectations more manageable. However, there are a multitude of problems associated with earnings…