Needle-exchange programme

Stratton executives were creating a crime-facilitative corporate system. Organizations that are crime facilitative “provide conditions that promote criminal conduct.” This is almost similar to the crime-coercive corporate system that “literally compels others to commit crimes.” Stratton Oakmont did neither based employee success nor reward them on the criminal acts they engaged in. Rather, they presented employees “with extremely tempting structural conditions – high incentives and…

There are many factors which go into deciding between getting a higher education and taking the starting financial manager position with a firm that has offered employment. Considerations like how to finance said education, what the starting salary is, and even compliance issues must all be addressed and analyzed before making such an important decision. I. School versus Work When deciding how to finance the school I would like to attend, the first thing I would do is check the current price of…

After many sleepless nights and a lot of hard work I was seeing the result of several years of sacrifice, I had finally graduated from FIU, one of the best universities in South Florida and was about to achieve every accountant’s goal; to obtain my CPA license. Even though one of the “big four” tried to recruit me, I decided to open my own CPA office in South Beach. To my surprise, I was immediately engaged by Cardozo & Co., a firm that wants to go public. As an auditor, to the best of my…

What is an Investment Bank? What does he do? Why would a company use one? An investment bank is a financial company that assists well-to-do individuals, corporations, and governments in raising funds by underwriting or acting as an agent in issuing securities. An investment bank may also assist companies with mergers and acquisitions that may provide support services in trading of various securities. There are significate procedures put in place to help investment bankers regulate businesses…

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…

Introduction The five Oscar nominated movie , "The Wolf of Wall Street," gives another Hollywood story of drug addict, sex-crazed noblemen on Wall Street. When the film the wolf of Wall Street hit cinemas recently, it was a box office heat. The Hollywood juggernaut was based on the real life story of Jordan Belford who spent twenty two months in prison for money laundering and fraud after ripping off investors to almost one hundred million dollars. In the film "The wolf of Wall Street”, we…

For years, Madoff was an admired figure on Wall Street and a seemingly very savvy investor and successful business man, but the ostensibly large returns he was generating and the growing balances shown on clients’ account 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…

White-collar crime, according to Merriam-Webster, refers to, “a crime that typically involves stealing money from a company and that is done by the people who have important positions in the company”. In modern society, white-collar crime may not be as obvious as violent crime, but its consequences leave major impacts on the world, particularly financially. Beginning in 2002, Wells Fargo began transforming into one of the largest criminal enterprises in history. Over the past 15 years, this…

Charles Ponzi was a person who was notorious for his Ponzi scheme in the 1920s, and several others have committed fraudulent acts since then. Fraudulent acts are obtaining something through deception. A lot of fraudulent acts are committed by business students, possibly containing a lack of morals, and science students are also often accused of containing a lack of morals. This paper aims to analyze the connection between low morals, business students, and science students claimed by an…

regulated NYMEX (New York Mercantile Exchange), which is a commodity exchange and ICE (Inter-continental exchange) which is a unregulated OTC (Over-the-counter) market. They had huge trading positions in Natural gas futures, options and swaps, but primarily they were into contract futures trading…