Bernie Madoff. Forever that name will be associated with the biggest financial scheme since Mr. Ponzi (of course, until someone outdoes Mr. Madoff. Read the beginnings of the unraveling of Bernie Madoff’s swindle in this chapter excerpted from Diana B. Henriques’ fascinating book, An Earthquake on Wall Street, at the link below:
http://wyld-about-books.blogspot.com/2011/05/todays-business-economics-chapter_28.html
Image via WikipediaSo, what do you think? From what you know, could regulators and investors have uncovered the financial fraud sooner? What can be done in the future to prevent this from happening again - or will greed always win? Enjoy - and feel free to forward to your friends and colleagues! And remember, post your comments in response to the article at that link (http://wyld-about-books.blogspot.com/2011/05/todays-business-economics-chapter_28.html).
And for those of you who happen to have me for both Management 425 and 464 (either at the same time or in a prior semester), the alternate link of the day is:
http://managementinaminute.blogspot.com/2011/12/instant-mba-you-never-know-when-youll.html
Good luck - and take advantage of this extra learning (and extra credit!)...
David
http://managementinaminute.blogspot.com/2011/12/instant-mba-you-never-know-when-youll.html
Good luck - and take advantage of this extra learning (and extra credit!)...
David
David Wyld, Professor of Management
Southeastern Louisiana University
Management in a Minute (http://managementinaminute.blogspot.com/)
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