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After reading the case study: "Bernard L. Madoff Investment Securities" of Weiss,
please answer the case Questions.
Questions for Discussion
1. What did Madoff do that was illegal and unethical?
2. Identify some of the main reasons that Madoff was able to start and sustain such an enormous Ponzi scheme for as long as he did?
3. Who were/are the major stakeholders involved and affected by Madoff's scheme and scandal?
4. Did Madoff have accomplices in starting and sustaining his scheme or was he able to do it alone? Explain.
5. How was he caught?
6. What lessons can be learned from Madoff's scandal?
Verified Expert
Madoff ponzi scheme is the discussion. The elements that make up the scheme, the factors responsible for the failure, stakeholders responsible and lessons learnt are discussed. References also provided.
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Grading Criteria – Unit 1 Madoff Case Study Responds fully to each question using material from the case study to support responses. No more than 15% of the submission is direct quote. Student relies on summary and paraphrase to demonstrate understanding of material. 0-50 Contains no grammatical or typographical errors Submission is no fewer than 500 words INCLUSIVE of questions and references 0-15. Includes APA-formatted in-text citations and References page.
Grading Criteria – Unit 2 Ford’s Pinto Fires Case Study - Responds fully to each question using material from the case study to support the responses. No more than 15% of the submission is direct quote. Student relies on summary and paraphrase to demonstrate understanding of material. Contains no grammatical or typographical errors. Submission is no fewer than 500 words INCLUSIVE of questions and references. Includes APA-formatted in-text citations and References page.
Grading Criteria – Unit 4 Application Report – Corporate Innovation Points Describes an innovative way a corporation is helping the environment, citing research. No more than 15% of the submission is direct quote. Student relies on summary and paraphrase to demonstrate understanding of material. Student incorporates material from Weiss as well as the article cited. Explains why the method is innovative, and whether the method will help the environment or just improve the company’s image. Contains no grammatical or mechanical errors. Submission is no fewer than 600 words inclusive of references. Includes APA-formatted in-text citations and References page. REQUIRED. At least TWO sources are cited – Weiss and the researched article the student found.
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