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With great money comes great responsibility, but sometimes it becomes too much and people go rogue. In other words, they start to commit violations and
With great money comes great responsibility, but sometimes it becomes too much and people go rogue. In other words, they start to commit violations and break the law often bringing others in and down with them. One of the more famous is Bernie Madoff. He did a lot of good for the wall street market, but also some major wrongs. Read the summary at the end of chapter 18 (18-6) and watch the following video. https://youtu.be/E3hceCMoTQY
- Did the video help explain more about Ponzi schemes? Explain.
- How did he keep going for so long? Do you think those persons are to blame or should be responsible as well?
- Why do you think people sometimes fall prey to their own schemes and greed?
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