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.
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Answer:
He tried to pack the court with people who would agree with him. You can actually see this today with Trump. He fires and hires who he wants and he wants those who support him.
Explanation:
Luckily, geography is split into two main areas that make it easier to wrap your head around: Physical geography looks at the natural processes of the Earth, such as climate and plate tectonics. Human geography looks at the impact and behaviour of people and how they relate to the physical world.
Answer:
Their economies suffered from a lack of workers.
Explanation:
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I believe the correct answer is prenatal.
Although biology is important for determining the sexual preference of an individual, it is not crucial nor is it the only determinant. Hormones, cultural expectations, learned behavior, the society, psychological variables are all important criteria when it comes to sexuality.