Question.2549 - The blog activity in this course is designed to be public between all students as well as your instructor. Write a point of view (POV) blog post regarding the more “human” side of the irresponsible incidents in recent financial history. Consider one past event, such as the 2008 Wall Street–induced home mortgage debacle, the Bernie Madoff Ponzi scheme, or any other that received news coverage in the recent past, and write about how your chosen event affected the welfare of people, yourself included. Specifically, the following critical elements must be addressed: 1. Briefly describe your chosen irresponsible financial event from the recent past. 2. Describe how that event has affected people on a more personal level, yourself included. Guidelines for Submission: Your submission must be 400- to 600-words.
Answer Below:
Irresponsible xxxxxxxxx event xxxxxx Madoff xxx a xxxxxxxxx in xxxx Street xx scammed xxxxxx and xxx sentenced xxx years xx was xxxxxxxxx of x scam xx around xxxxxxx the xxxxxxx of xxxx scam xxxxxx to xxxxxxxxx strata xxxxxxx from xxxxxxx to xxx richest xxx mighty xxxxxx was x respected xxx and xx usually xxxxxxxx his xxxxxxxxx in xxx stock xxxxxxxx the xxxxxxx regulators xxxxxxxx him xx a xxxxxxx associate xxxxxx created xxxxxxx ponzi xxxxxx of xxx world xxxxxx the xxxxxxxxxxx persona xx was xxxxxxx an xxxxxxxxxx scam xxxxxx was xxxxxxx a xxxxx scheme xx the xxxx of xxxxxxx securities xxxxxxxx He xxxxxxxx his xxxxxxxxx about xxxxxxxxxxxx returns xxx on xxx contrary xx was xxxxxxxxx the xxxxx the xxx customers xx return xxxxx of xxx investors xxxxx amp xxxxx Madoff xxxxxxxxx the xxxxx for xxx years xxx he xxxxxxxx during xxx recession xx the x the xxxxxx financial xxxxxx of xxx the xxxxxxxxx of xxx attacks xxxx earned xxx the xxxxxxxxxx of x man xxx fails xxx words xxx delivers xxx profits xx promised xxxxxx was xxxxxx a xxxxxxxxx life xxxx his xxxx but xxx market xxxxx in xxx year xxxxxxxxxx the xxxxx scheme xxxxxx investors xxxxxxx pulling xxx the xxxxx and xxx new xxxxxxx also xxxxx up xx the xxx of xxxxxxxx when xxx fraud xxx highlighted xxxxxxxxx started xxxxxxx money xxxx later xxxxxx informed xxx sons xxxxx it xxx then xxxxxxxxxxx were xxxxxxxx Following xxx incidents xx was xxxxxxxx from xxx penthouse xx december xxxxxxxx People xxx loss xxxxxxxxx by xxxx scam xxx noted xxxxxx billion xxx it xxxx included xxx profits xxxx by xxxxxx to xxxxxxxxx which xxx fictitious xxxx scandal xx treated xx the xxxx humiliating xxxxxxx by xxx side xx securities xxx exchange xxxxxxxxxxx Madoff xxx pleaded xxxxxx against xxxxxxx charges xxxxxxxxx the xxxxxxxxxx fraud xx stated xxxx he xxx ashamed xxx anger xxxxxxx Maduff xxx forced xx wear x bulletproof xxxx in xxx court xxxxx termed xxx crimes xx an xxxxxxxxxxxxx evil xxx thus xx was xxxxxxx with xxxxx in xxxx The xxxxxxx of xxxxxx included xxxxxxxxxxxxx families xxxx as xxxxxxxxx teachers xxx farmers xxx he xxxx frauded xxxx investors xxxx as xxxxxxxxx from xxx Persian xxxx and xxxx Beach xx Florida xxx victims xxxx include xxxxxxx and xxxxxxx funds xxx he xxxx duped xxxxxxxxxx endowments xxxxxx Madoff xx a xxx and xxxx he xxxx swindled xxxx of xxx major xxxxxxxxxxxxxxx such xx the xxxxxx philanthropy xxxxxx holocaust xxxxxxxx and xxxxx peace xxxxx Elie xxxxxx and xxx charitable xxxxxxxxxxxx associated xxxx filmmaker xxxxxx Spielberg xxxx is xxx the xxxxx told xxx while xxxxxxxxxx that xx stole xxxx the xxxx he xxxx stole xxxx the xxxx he xxxxx from xxxxx who xxxx in xxxxxxx this xxxxxx that xx has xx values xxxxxxxx He xxxxxxx his xxxxxxxxx and xxxx them xxxxxxx so xxxx he xxxxx live xx luxury xxxxx with xxx wife xxxxxxxx Madoff xx an xxxxxxxxx talked xxxxx his xxxxxxx that xxx no xxxx and xx states xx had xxxxxx years xxx he xxxxxx be xxxxxxx early xxxxxxx the xxxxx who xxxxxxxxx Madoff xxxxxx that xx do xxx believe xx Madoffs xxxxxxx References xxxxx W x amp xxxxx C x Lesson xx Moral xxxxxx Why xx Should xxxxx Bernie xxxxxx Touro x Rev xxxxxxxxx from xxxxx digitalcommons xxxxxxxx edu xxx viewcontent xxx article xxx context xxxxxxxxx Housel x The xxxxxxxxxx of xxxxx Timeless xxxxxxx on xxxxxx greed xxx happiness xxxxxxxx House xxxxxxx Retrieved xxxx https xxx reduceohcrashes xxx sites xxxxxxx files xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx lessons-on-wealth-greed-and-h-morgan-housel-pdf-download-free-book-c x cd xxx Lidstone x K xxxxxx Madoff xxxxx ten xxxxx recent xxxxx scheme xxxxx and xxx Uniform xxxxxxxxxx Transactions xxx Available xx SSRN xxxxxxxxx from xxxxx www xxxxx org xxxxxxx COBAR xxxxxxxxxx Sections xxxxxxxx Ponzi xxxxxxx Lidsto xx January xxxxxxxxxx pdf xxxxxxxx I xxxxx Before xxx Invest xxxxxxxxxxx Behind xxxxx Scheme xxxxxxxx Behavior xxxxxxxx dissertation xxxxxxxxx from xxxxx scholarworks xxx edu xxxxxxxxx handle xxxxxxxx Thesis xxxxxxxx pdf xxxxx nce xxx isAllowed xMore Articles From Management
.ico)
.ico)
.ico)
.ico)
