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2. The second part of this assignment involves Ponzi Schemes. There have been many such scandals, ranging from the Bernie Madoff scandal to even local

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2. The second part of this assignment involves Ponzi Schemes. There have been many such scandals, ranging from the Bernie Madoff scandal to even local schemes. For this part of the assignment it is suggested that you watch the Netflix movie "Madoff: The Monster of Wall Street" to get a better understanding of how the Madoff scandal happened. Then answer the following questions: a. Being very specific, discuss one fact about Bernie Madoff that you think helped him initially become successful in his scheme to defraud investors. Explain your reason. b. What exactly did Madoff do wrong and what do You think should have been his punishment

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