Ponzi Scheme of Bernard Madoff Case Study Example | Topics and Well Written Essays - 1000 words

Ponzi Scheme of Bernard Madoff - Case Study Example The SEC embarked on an investigation in 2006 but concluded it in 2007 based on the finding that there were no proofs of fraud found. Nevertheless, Madoff was arrested on December 2008 and on March 2009 he officially confessed taking part in various crimes. He was sentenced to a 150-year imprisonment. The ethical issues in the Madoff case obviously concern fraud, defined as â€Å"any purposeful communication that deceives, manipulates, or conceals facts in order to create a false impression.† Apparently, Madoff offered false hopes to potential investors and gave fabricated investment reports or financial statements. He encouraged large investors to put money in his investment machine by using his established image as a reliable, esteemed, and successful businessman. Madoff is, particularly, guilty of consumer fraud, marketing fraud, and accounting fraud. He deceived potential investors for personal gain or, according to the investigators, to sustain the lavish lifestyle of his family, which is suggestive of consumer fraud. He committed marketing fraud by exaggerating possible returns on investment, which can also be called ‘puffery’, or implied falsity since he told potential investors that his investment machine will generate a steady source of profit but in fact, the returns come from the money of new investors which was risky. Lastly, he committed an accounting fraud by manipulating the financial statements of his company to avoid any detection of his wrongdoings. Madoff implicated educational, nonprofit, and charitable organizations by giving a contribution to them. Several of these organizations put money into the company of Madoff as a return of favor. His fraud forced a number of these organizations to shut down. The scandal also negatively influenced the public’s perception of investment companies.  

Eighteenth Century Literature in Secondary Education Essays -- Educati

Eighteenth Century Literature in Secondary Education As a undergraduate student, I have just realized my passion for literature and teaching. In high school, however, English was not my favorite subject. I enjoyed the subject and cherished my challenging teachers, but making a career out of literature was not something I had planned to do. Now, in my senior year as an English major, I am eager to record the ideas I have for teaching while I am learning, hopefully providing a fresh approach to literature from which future students may benefit. There are different levels of difficulty in secondary literature; most students comprehend and enjoy the horror of Poe’s "Tell-tale Heart" and the tragedy of Shakespeare’s Romeo and Juliet, but eighteenth-century British literature is a different story. The style of writing, the subjects the authors choose, and the obscure references to unfamiliar places and people in government and society all present difficulties for understanding this genre of literature. The challenge is to present the material using the via media or middle-way – a combination of history, style, literary terminology, and entertainment value of the literature writers like Pope, Swift, and Defoe create. William C. Dowling, in his article "Teaching Eighteenth-Century Literature in the Pocockian Movement (Or, Flimnap on the Tightrope, Kramnick to the Rescue)," says "students†¦do not on first encounter like eighteenth-century literature†¦Every teacher of eighteenth-century literature kno ws that if you can get bright students past the initial barrier, they will likely be hooked for life†¦" (Dowling 524). The idea behind this paper is to present ideas, discussion questions, thoughts, and teaching strategies that will make eig... ...adapted into the eighteenth-century unit. With any luck, the ideas for writing, discussion, and projects presented in this paper may spark the interest of future high school students in eighteenth-century literature, so they too can enjoy the wonderful works of writers such as Swift, Defoe, and Pope. Works Cited Dowling, William C. "Teaching Eighteenth-Century Literature in the Pocockian Moment (Or, Flimnap on the Tightrope, Kramnick to the Rescue)." College English 49 (1987): 523-532. Evler, Mescal, ed. Elements of Literature. Sixth Course: Literature of Britain with World Classics. Holt, Rinehart, and Winston: Austin, 1997. Prentice Hall. Literature: Timeless Voices, Timeless Themes. The British Tradition. Prentice Hall: Upper Saddle River, NJ, 1999. Shaw, Shelia. "Shopping for Couplets: Pope at the Supermarket." CEA Critic 39.3 (1977): 27-31.

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Time consumption also to be considered with these factors, being efficient is what all catering services needed and that would only be provided to us by our own technology. The significance of this proposal aims to give as alternative and replacement to the manual system that Belle's Catering Services is currently using. We know that all catering services are a big part of events. This proposal gives a computerized system to be able to have faster, easier and more convenient and more efficiency to the information system.This proposal also aims answer and makes the Belle's catering services mission and vision completely. Online Infringement's of Belle's Catering Services our system,delimitation systems (IS) is the study of complementary networks of reward and software that people and organizations use to collect, filter, process, create, and distribute data. The study bridges business and computer science using the theoretical foundations of information and computation to study variou s business models and related algorithmic processes within a computer science discipline.Computer Information System(s) (SIS) is a field studying computers and algorithmic processes, including their principles, their software and hardware designs, their applications, and their impact on society while IS emphasizes functionality over design. [Walk 2013] Our system focuses in Catering Services. It is the business of providing foddering at a remote site or a site like a hotel, public house and other various locations. This is a food or service that is catered to you, in other words,you pay them to bring you their services, most likely a food Joint. Online Infringement's for Belle's Catering Services 1. Background of the Study Maria Plainclothes started as an employee of a catering service. While her husband Leo Apaches is a set-up crew for the same catering service. When a friend suggest that they should start a small business in 2005. At first, they have a few customer who always orde r for them, then suddenly they have been recommended by a customer to have their own catering services, â€Å"The Belle's Catering Services†. The project titled Online Information System is a Catering Characteristic gives information about the services of Belle's Catering Services.The project â€Å"Online Information System† is developed in HTML using Adobe Dreamier CSS. 5 , which focuses on giving information, suggestions, and mainly catering events â€Å"Online Information System† is a web-based application that runs in any web browsers, designed to help users choose the catering services they want for their events. Recruiters is easy to use for both beginners and advanced users. It features a familiar well thought-out, an attractive user interface, combined with strong searching, and reporting capabilities.The report generation facility of information system's to get a good idea of which is the best package suitable for the person that is having their events. Problem 1. 1. 1 General Problem Statement of the How the proponents will develop an online information system that will provide efficiency in processing information and a module to update the customer's needs for the catering service events. . 1. 2 Specific Problem How the proponents will help the user to decide on the package that they will afford.This problem will specify on the decision support system that the proponents will use according to their money and according on how many persons are coming to the event. How the proponents will develop a module for the decision support system. This problem will specify on how will the proponents develop an easy and efficient decision support system 1. 2 Statement of Objectives 1. 2. 1 General Objectives To be able to develop a web-based application for Belle's Catering Services improve the processing of information and capability of a module to update the customers needs for the catering service events. . 2. 2 Specific Objectives To be a ble to help the user to decide on the package that they will afford . The system uses a Decision Support System (ADS) that will create an information and manipulate the user's choice of package. To be able to develop a module for the decision support system . Focuses on the condition of demonstrations needed by the users to identify the package for their given events. Study 1. 3 Significance of the Catering Services is a business that focuses between the caterer and the customer.It is transaction on what will be the request of the customer for them to satisfy their needs and to give an accurate information about the services of the caterer. The main objective of our group is to make the proposed system exist to help Belle's Catering Services to makeshift business automated. So that the process of the transaction will be more efficiently and faster. Students To improve their analytical thinking and to unproven their programming skills in the field of online information system. Benefi ciary To provided a well-defined proposed system in order to support their business in renovations between the customers.Customers To provide an information for them to know the choices that they want for their events,and for the suggestions they can say to the caterer in order for them to have a harmonium flow of the event. 1. 4 Scope and Limitation of the Study Scope of the Study The impact of technology has greatly expanded the scope and capacity of the average catering service. This is an on-going and developing relationship between the customer and the caterer as the computer's full capabilities are gradually explored and applied to the online information system.Without internet, advertising catering services is difficult to manage, as well as publishing of the proposed system. It is also time consuming for the transactions and will do much more delay for the events. Scope of the System 2. 0 Methodology of the Study This chapter starts on the discussion about the project resear ch disintermediation. The second part presents the development of the system . Project Development Spiral model The spiral model is a software development process combining elements of both design and prototyping-in-stages, in an effort to combine advantages of top-down and bottom-up concepts.Also known as the spiral lifestyle model (or spiral development), it is a systems development method (SAD) used in information technology (IT). This model of development combines the features of the prototyping and the waterfall model. The spiral model is intended for large, expensive and complicated projects. Figure 1. 0 6 Phases of Spiral Model The spiral model's divided into a number of frame work activities, also called task region. The figure 1. 0 illustrates spiral model containing 6 task regions: Customer Communication Task required to established effective communication between developer and customer.Planning Task required to define resources , timeliness ,and other project related info rmation . Risk Analysis Task required to asses both technical and management risk. Engineering Task required to build 1 or more representation of the application. Construction and release Task required to construct , test, install, and provide user support. Customer Evaluation Task required to obtained customer feedback based on evaluation of the software representation created during the engineering stage and environmental during the installation stage. 3. 0 Data Gathering, Procedures and OutputMany online information systems are operated manually by group of people. In such situations many people involved in the process of managing the catering such a way that inform the user regarding the information of the catering service, the decision support system of the catering, and help the customer to decide on how to choose their own affordable cater for their events. On the other hand keeping large amount of maintenance workers may cost a lot & it will not be efficient for a catering s ystem. Manual process in the transaction of the catering is not a reliable method.On the mint of view, in manual system the user can't find the suitable information for his or her events. We interview Mrs.. Beeline Apaches on how their catering services works and the required information in their business. We found out that their is a package in every events in their catering. For example, in wedding they have full package which cost IIOP,OHO up to IPPP,OHO. In that package they have a complete catering service with set-up, a place to have the venue, the amenities and miscellaneous, and other needs they can get by renting in other rental services (egg. Hairs and tables). We also visit their faceable account to gather some information to use in our proposed system . In their faceable account there are pictures of the events that in low resolution settings so we didn't use their own image as the picture of events in their catering services. There are also foods and beverages that have also low resolution so in order to improve the quality of the design of our proposed system we provide the detailed picture of Belle's Catering Online Information System.We decided that we will create two systems which is the back and front end. The front end is for the customer to vive the information about the services that Belle's Catering services offered. , while the back end is for the admit in controlling the data in the front end. In the process of our system, the customers will find the information in our system, their needs and suggestion will be provide by our Decision Support System (ADS), and other things that can be say to the caterer in the used of telephone/cellophane number or use as reference. The Existing System They have no existing system so that's why the proponents choose the Belle's Catering Services in order to make for them an existing online information system. . 1 Company Background Belle's Catering Services in Banana Mycenaean City, Vulcan is a public c atering service. The name Belle's Catering comes from the name of the owner Mrs.. Beeline Apaches. Maria Plainclothes started as an employee of a catering service. While her husband Leo Apaches is a set-up crew for the same catering service.When a friend suggest that they should start a small business in 2005. At first, they have a few 4. 2 Description of the System By using the present manual system, work is done manually. So, each and every transaction takes much time to complete. Whenever user requires any information, the decision and update process also takes more time and it is difficult to find particular information. As the transactions of the catering increases there is more information to be processed and stored.

The U.S.S.R. Under Stalin - 1160 Words

11.30.10 The U.S.S.R. Under Stalin 1924-1941 Paper 1 Questions Answers 1)a) Evidence in Source D that suggests that Stalins motive for the mass arrests of the late 1930s was to obtain slave labor is that â€Å"the mass arrest of the late 1930s may have been carried out to satisfy Stalins desire for slave labor,† and â€Å"more prison laborers were urgently needed.† b) In Source D, â€Å"absurd inefficiency† means that the overpopulation of the prison laborers in the camps made them disorganized and made it difficult for the camp commanders to be able handle them all. 2) In both Sources B and E, Stalins view of industrialization as a war economy is expressed as: Both sources share the view that the purpose of industrialization was†¦show more content†¦as a whole. In Source B, Stalin declared that â€Å"he was promoting a war on the inefficiences of Russias past, a war on the class enemies within, and as preparation for the capitalist enemies abroad.† The U.S.S.R. â€Å"adopted a similar industrial pattern in its drive toward modernization,† but it would â€Å"take the path of socialism† instead of capitalism. The Plan itself â€Å"was a huge propaganda project, aimed at convincing the Soviet people that they were engaged in a great industrial enterprise of their own making.† In Source C, due to the rapid urban development in the U.S.S.R., â€Å"A new perspective emerged in official documents, one that viewed the increased employment of women not in terms of its effects on women but as essential to the fulfillment of the economic plans.† The purpose was to â€Å"ensure the fulfillment of the production program of the Five Year Plan, it was necessary to draw more wives of workers into production.† In Source D, it says that â€Å"the mass arrests of the late 1930s may have been carried out to satisfy Stalins desire for slave labor† because â€Å"more prison laborers were urgently needed.† There were camps where mass number of slave laborers were kept. The more the slave laborers, the more the work, and the faster the Five Year Plans goals would be achieved. In Source E, the poster is for the purpose of propaganda, showingShow MoreRelatedEssay Impact of Stalanism on the Soviet State1041 Words   |  5 PagesThe concept of Stalinism, being the ideologies and policies adopted by Stalin, including centralization, totalitarianism and communism, impacted, to an extent, on the soviet state until 1941. After competing with prominent Bolshevik party members Stalin emerged as the sole leader of the party in 1929. From this moment, Stalinism pervaded every level of society. Despite the hindrance caused by the bureaucracy, the impact of Stalinism was achieved through the implementation of collectivization andRead MorePost World War II: Hungarian ´s Goal to Achieve Freedom from the Communists890 Words   |  4 PagesHungary represented most factors of the post-war destruction in Europe. Soon after, the U.S.S.R. liberated many countries, including this one. 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