subject
Business, 05.10.2019 01:20 kwoolfe59006

Anew york times article about bernie madoff and his illegal ponzi scheme stated, "when money goes global, fraud does too." although the goal of investors who trusted madoff's investment company was to earn the highest return possible on their investments, they turned a blind eye toward the fact that some of those returns were too good to be true. individual investors, companies, and even charities lost large sums of money by investing with madoff's company. which of the following statements relates to this story
a. the unethical behavior of one company had a worldwide ripple effect that can impact the well being of an economy. b. too much regulation caused the capitalistic nature of mr. madoff's business model to fail. c. people lost money because of the fluctuations in world trading currencies, questioning the legitimacy of trading abroad. d. investors did not sign contracts with mr. madoff's company. the government can only protect individuals and companies who sign enforceable contracts.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 11:30
When the amount for land is 36,000 and the amount paid for expenses is 10,000, the balance of total asset is
Answers: 2
question
Business, 22.06.2019 19:40
Lauer corporation uses the periodic inventory system and has provided the following information about one of its laptop computers: date transaction number of units cost per unit 1/1 beginning inventory 210 $ 910 5/5 purchase 310 $ 1,010 8/10 purchase 410 $ 1,110 10/15 purchase 255 $ 1,160 during the year, lauer sold 1,025 laptop computers. what was cost of goods sold using the lifo cost flow assumption?
Answers: 1
question
Business, 22.06.2019 20:50
Which of the following statements regarding the southern economy at the end of the nineteenth century is accurate? the south was producing as much cotton as it had before the civil war.
Answers: 3
question
Business, 22.06.2019 21:10
Which statement or statements are implied by equilibrium conditions of the loanable funds market? a firm borrowing in the loanable funds market invests those funds with a higher expected return than any firm that is not borrowing. investment projects which use borrowed funds are guaranteed to be profitable even after paying interest expenses. the quantity of savings is maximized, thus the quantity of investment is maximized. a loan is made at the minimum interest rate of all current borrowing.
Answers: 3
You know the right answer?
Anew york times article about bernie madoff and his illegal ponzi scheme stated, "when money goes gl...
Questions
question
English, 22.06.2019 22:30
Questions on the website: 13722367