Needle-exchange programme

I. Issue- Can Terminix substantiate assignment of error of holder of due course in the appeal case against Triangle Credit Union? II. Rule- Holder in due course is someone who has received a negotiable instrument in good faith and without notice that it is overdue, that there is any prior claim, or that there is a defect in the title of the person who negotiated it. III. Application of Facts- On January 23, 2017, Terminix filed a notice of appeal against Triangle Credit Union from the case…

Bernard Madoff was clever and successful in his efforts to woo some of the wealthiest and most intelligent clients, by gaining the trust of his clients. Successfully, Madoff gained prestige and credibility as he served on charitable boards and held a seat on the government advisory board on stock market regulation. Interestingly, as Madoff’s prestige and credibility continued to grow, he promised a continuous return of 10 to12 percent on investments. As a result, investors were eager to become a…

Sleep Now in the Fire: How Rage Against the Machine Shut Down U.S. Capitalism In Henry David Thoreau’s “On the Duty of Civil Disobedience”, Thoreau defines civil disobedience as an act of willful resistance, achieved by not obeying the laws one views as hypocritical. Thoreau achieved this by refusing to pay taxes, which Thoreau was jailed for, because he did not support paying the government to fund things against his morals, such as slavery. Many believers of the Everyman movement use protest…

In this paper we provide a general overview of asset misappropriation. We discuss the current state of academic and practical knowledge as it relates to asset misappropriation, including what we currently know about asset misappropriation, what research has been done in this area, what is currently missing from the research, and what additional resources are needed in order to continue to provide high quality research on this topic in terms of the three prongs of the fraud triangle, and then…

Analyzing The Big Short The whole housing market is built like a giant Jenga tower. The AAA mortgages are at the top of the tower while the BBB’s are the lowest base of the tower. The AAA’s and AA mortgages were to make so much money that the extra money was to trickle down to the BBB’s at the base. This information is in the book The Big Short: Inside the Doomsday Machine written by Michael Lewis. He has written many best-selling non-fiction books like Moneyball and The Blind Side both were…

This is not the first time Madoff office has been raided by SEC investigators, the recent raid being on 20th April 2005. They wanted to know if Madoff had hedge trade funds or executing hedge trade funds for others as he always claimed. Their investigation was after SEC staffers had found an email that expressed why Renaissance Technologies stopped doing business with Madoff. Initially, examiners claimed they were just on a normal routine examination of the brokerage firm’s books and records. On…

With the information that is provided in this case the element of white collar crime that Bernie Madoff showed was bankruptcy fraud, and a form of blackmail. Baste of the information in chapter 6 the reason why white collar criminals are able to carry out their schemes for so long are, because most of them are mostly highly educated people that work within a powerful business or organization. One of the ways Madoff was able to keep his scheme going for so long because, he hired inexperienced…

The Financial Executives International and Drake University School of Accounting hosted the Thirtieth Annual Lecture which was presented by Sarah Esquivel. Sarah Esquivel is currently the Associate Chief Accountant for the Securities and Exchange Commission (SEC). Her presentation was an overview of what the SEC, specifically the Office of the Chief Accountant (OCA), is and does. Esquivel also included information on the new and changing accounting rules. The 2016 FEI lecture was honored to have…

There is overwhelming evidence that Bernard Madoff did not work alone. He may have masterminded the entire scheme but he has accomplices along the way that helped him to carry out his elaborate fraud and several have been charged for the crimes. For example, between 1998 and 2008, Madoff wrote $84 billion in checks to just four people (Johnston, 2014). According to Johnston, in 2002 alone, 318 checks were written from Madoff's 703 account to a Norman Levy, who had a private offshore bank; who…

To this day, one of the most well known American swindlers and criminals of the administrative field is Bernard Madoff. The opportunist made it seem as though he was a caring nice individual that could be trusted, but the real truth was that he was a crazed and greedy criminal. It came as a shock to most people when he confessed to the crimes he had committed because he was a master at hiding the person he truly was. The people he worked so closely with believed in him and trusted him whole…