The biggest Ponzi scam in history was carried out by American banker Bernard Lawrence "Bernie" Madoff, who defrauded thousands of investors out of tens of billions of dollars over the course of around 17 years.
Madoff recruited investors by promising to provide significant, consistent profits using a legal trading approach known as split-strike conversion. However, Madoff put client money into a single bank account, which he then used to pay returning customers.
When the market drastically declined in late 2008, he was unable to continue the deception. He paid redemptions by luring new investors and their funds.
In the scam Madoff just put their money of the investors in a Chase Manhattan Bank account, which was later combined to form JPMorgan Chase & Co. in 2000.
To learn more about Bernie Madoff scam, refer
brainly.com/question/5475304
#SPJ4
Buddhist culture has a lasting and significant impact in mainland Indochina nations (Burma, Thailand, Laos, Cambodia and Vietnam). There is also many different music cultures such as C-pop. K-pop, V-pop...etc.
Adoptive parents should be responsible to tell the adopted children about their familial status. One can introduce the word adoption for a child to be comfortable between 2 and 4 years old however those who were adopted before 2 could be informed by around 4 or 5 years old yet the best time to inform the children is around 6 years old during the preschool and school age as for the children to accept the fact and not to wait until adolescence stage.
Answer:
It is because avoiding slamming the brakes will allow us to stop in a shorter distance as compared to the distance in which the vehicle stops if we slam the brakes.
Explanation:
When we apply the brakes in our vehicle by slamming them the car stops while sliding or we can say that the force that stops the car is the kinetic friction that sets up between the ground the tires of the car. While as when the wheels are turning as opposite to sliding the force that is involved in the deceleration of the car is the static friction. The force of static friction is greater than the force of kinetic friction as the coefficient of static friction between the tires of the car and the road is greater than the coefficient of kinetic friction. This larger force stops the car in a shorter distance.
Answer:
The correct answer is a. prolonged eye-gazing.
Explanation:
Research has shown that oxytocin is released during prolonged eye gazing. Oxytocin is commonly associated with love, trust, and empathy. It counters the effect of the stress hormone, cortisol, making people feel tranquil. When couples are in love, they tend to gaze at each other for long periods of time during which oxytocin is released, making them feel even better and happier.
