1)Bernie Madoff is called the man behind the biggest Ponzi scheme in U.S. history. What is a Ponzi scheme? Why is it wrong? Why Bernie Madoff is the biggest schemer?

2)Bernie Madoff was condemned to 150 years in jail at Butner among other things because he deceived and defrauded numerous investors and became rich by doing so. Were his wrong actions worth the jail term he received at the end? Would such actions be worth if he could have avoided jail term?

3) Bernie Madoff was a rich man and did what he did to be richer. Imagine you are a poor man (or woman). Would you do what Madoff did to get out of poverty if you think that it is the only way out?