Bernard Edwards

Bernard Ebbers actions indicated his leadership ability because his colleagues, as well as members of the community he served, displayed trust in, and admiration of, him. Although on the surface level, Ebbers portrayed himself as a moral and ethical human being by giving back to his community and living modestly, behind the scenes, in the realm of WorldCom and the telecommunications industry, Ebbers was so obsessed with money, revenue, and power, that his ethics and morals curved to display…

Moving along with the documentary, they begin to talk about the operation on the 19th floor which as known as the lipstick building. This was very interesting because no one would suspect anything from a lipstick company. That was very genius of Madoff to do. Inside the building there were 20 to 30-year-old working making millions of dollars a year. Madoff “company” was run by Madoff family members like his two sons and brother. Where the actual fraud was taking place was in the 17th floor by…

based on, information on the role of women in 1960s China, and information on the opera Madama Butterfly would be provided to them. The characters Rene Gallimard (Hwang, pg. 1672 line 1) and Song Liling (Hwang, pg. 1679 line 4) are based loosely off Bernard Boursicot and Shi Pei Pu, respectively, and their relationship in the 1960s followed by the discovery of Shi Pei Pu’s deception and then the resulting case of espionage that they were convicted for by the French Government. Also, while the…

Bernard Madoff was blamed for extortion and formation of a Ponzi plan which prompt a $65 billion venture misfortune for several investors across the world. He understood that Wall Street was the best riches creation engine the people had ever known. Madoff was the first one to perceive that computer technology will give an intend to democratize Wall Street by securing a framework that made securities exchanging substantially more productive and much less expensive. Examining the instance of…

The Bernard Madoff Ponzi scheme was indeed a despicable intractably woven web of deception. He swindled millions of dollars from both the rich and the struggling middle class for more than 50 years. Madoff was money driven to the point that not even his friends and family was speared from his lies. People are driven by money, therefore, there will always be crimes as a result of the pursuit of this most tempting symbol of wealth. However, this is also the reason authority institutions are…

On July 16, 1969, an unforgettable and historical event occurred. This was a time of significance and overwhelming achievement for mankind. Neil Armstrong was the first man to step foot on the moon, along with the help of his colleague Edwin Aldrin. Both of these men are widely recognized for their brave and courageous act. With all the complications and challenges they might’ve gone through, people supported them every step of the way thanks to Times of London for publishing an article…

Alfred Hitchcock was a film director from England who moved the United States in 1939. He was famously known as the “Master of Suspense”. Hitchcock’s golden years of his cinema career were from the 1950’s to the 1960’s. During this time, he made various famous films, such as Vertigo, North by the Northwest, and Psycho. When we compare these films it’s hard to find something they might have in common. Each film has different lighting effects, colors, and types of shots. Hitchcock utilizes mise en…

Bernard Berenson was born in Lithuania in 1865, and moved to America when he was 9 years old. Berenson studied art history at Harvard on scholarship, and set off traveling Europe in 1887 with monetary help from patrons, specifically Isabella Stewart Gardner. When money started to run out Berenson still desired to stay in Europe, so he became active in the art market. In 1890 England, Berenson met his future wife, Mary Smith, and with her collaboration, began writing books on Italian art. His…

QUESTION 2 Start the question by defining a Ponzi and a Pyramid scheme; A Ponzi Scheme: "A con artist offers obligations that promise very high returns at seemingly very low risk from a business that does in fact exist or a secret idea that does not work out. The con artist helps himself to the investors' money, and pays a promised high returns to earlier investors from the money handed over by these and later investors. The scheme ends when there is no more money from the new investors"(Frankel…

statements were all illusions. Bernard Madoff was actually running a Ponzi scheme, using money from some of his investors to make payouts to others. During the stock market meltdown of 2008 and client desires to retract their investments, Madoff exposed his now failed scheme and confessed to his sons who alerted authorities. He was arrested and sentenced to serve 150 years in prison (Ferrell, Fraedrich, & Farrell, 2015). Many of the investors that had trusted Bernard Madoff were now broke and…