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olga_2 [115]
2 years ago
7

Explain how the unethical behavior and actions of bernie madoff and his associates lead to the bilking investors out of billions

of dollars.
Social Studies
1 answer:
AleksAgata [21]2 years ago
5 0

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

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A) species, cause if you’re a alien or human you’re still 1 species
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How might the water cycle and Earth be affected if the average temperature of the Earth decreases five degrees every year for te
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Temperature decreases will affect the water cycle. Since the temperature is lower, less water will evaporate. Water has a specific boiling point at which it evaporates and if it is lower than that temperature, the water cannot evaporate. Colder air holds less water vapor, which leads to less rain and can cause droughts. This will throw the entire water cycle off balance.

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3 years ago
1. What was the effect of the weakening tobacco market on slavery?
Assoli18 [71]
*Tobacco Slavery*

What was the effect of the weakening tobacco market on slavery?

The tobacco business made bondage gainful and Virginia tobacco slave proprietors rich. It was exactly the accomplishment of this product that prompted the mass importation of stolen African work, and the tremendous abundance of old England and New England. Cigarettes, stogies, snuff, biting tobacco are simply identifications of bondage's progressing inheritance. You see it's dependable with us and it never leaves.

I haven't gotten any tobacco profits from MY family's Virginia tobacco bondage. Nope, not one dime...not even a fair say in Philip Morris' or its parent organization Altria'sannual report.

Since 1990 the tobacco business has "gave" an aggregate of $59,410,256 to lawmakers of which 74% or $44,218,744 has gone into the Republican coffers. Did the relatives of the previous tobacco slaves see one penny? Gracious, Hell no!

What was the effect of the weakening tobacco market on slavery?

I didn't state reparations, since that would imply that SOMEBODY was really SORRY for quite a long time of unpaid labor....but, this nation would preferably gas African Americans Nazi-style than pay one penny for the many years of property subjection. Nooo, ain't no one sad for JACK!

The picture of Obama with a cigarette notice back to our identity, and who brought us here, and for what reason. The tobacco is lubing a great deal of political palms in Washington, DC and it has advanced countries families like the Windsors of England and the Virginia representatives to the Constitutional Convention in 1787.

Tobacco has long roots in this country. Be that as it may, haha hehe, isn't that what Sambo does fo Massa. Simply smile and eat the watermelon. Hahaha, giggle.

In the Old Dominion Virginia in 1620 the principal Africans were sold to the English by the Dutch. Tobacco turned into the most beneficial agrarian item in the Virginia province; without which, the state would have fizzled. Indeed they paid each other in TOBACCO rather than cash in Colonial Virginia. Slaves were regularly purchased and sold for estate work from slave obstructs, before bars and at courthouses and stores in Spotsylvania and Stafford.

Slaves planted and collected the tobacco trim, fabricated the tobacco shipping barrels (hogshead), conveyed the tobacco harvest to the reviews distribution centers and stacked and emptied the boats planning for a sail to England. Slaves did ALL the work to advance that Virginia tobacco grower (George Washington, Thomas Jefferson et al) with no compensation and not even a "Thank You for influencing me rich" to card at Christmas.

Do you know any history of the tobacco business, the first thirteen provinces, and subjection? You can take a gander at the country's organizers like the Virginia tobacco slavers George Washington and Thomas Jefferson they resemble a tree while the subjugation is the root framework that bolsters the tree and maintains its life. Bondage was the sine qua non to America's flourishing.
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What foreign policy goal does the United States advance by participating in
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Answer:

The correct answer is A, helping poor nations develop economically

Explanation:

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When was Nelson Mandela born?
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Nelson Mandela was born in July 18, 1918
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