Question
1. Should Mark Madoff have granted his father's request for a one week delay before notifying government authorities about his crime? 2.Describe the chronological evolution
1. Should Mark Madoff have granted his father's request for a one week delay before notifying government authorities about his crime?
2.Describe the chronological evolution of Bernie Madoff's Ponzi scheme
3.Why did sophisticated investors trust Bernie Madoff with their funds? Why didn't they perform appropriate due diligence?
4.Why didn't the SEC, which received several complaints about Bernie Madoff, uncover the fraud?
5. Do you believe Mark and Andrew Madoff didn't know about their father's Ponzi scheme prior to their December 10, 2008 discussion at Bernie Madoff's apartment? Why?
6. Should sophisticated investors who withdrew millions from their Madoff accounts forfeit the undeserved gains to people who lost the millions of dollars they invested?
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