Research the alleged illegal and unethical activities of Bernard Lawrence “Bernie” Madoff, the former Chairman of the NASDAQ. You are to write a 4-7 page report that answers the following: 1. Describe three types of illegal business behavior alleged against Mr. Madoff and for each type of behavior, explain how the behavior is illegal or unethical in the conduct of business. 2. Name three types of parties who were impacted by the actions of Mr. Madoff and describe how they were impacted. 3. Describe three business safeguards (risk management) that may have prevented the harm caused by Mr. Madoff. 4. Describe three ways private investors might have better protected themselves from risk. 5. Describe three legal actions that possibly may be brought against Mr. Madoff under criminal or civil law.
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