Bernie Madoff

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Submitted by vball1330 on January 9, 2012

  • Category: Business
  • Words: 1791
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Bernie Madoff

“For the most part fraud in the end Securities and Exchange Commission for its companion’s repentance and shame.” These famous words were said by Charles Simmons and they couldn’t be further from the truth. What causes one to commit fraud? Is it greed? Is it the thrill of not being caught? Is it the feeling that you are owed something and this is the way to fulfill that feeling? There are an endless amount of reasons that could cause one to commit fraud. Bernard Madoff’s reasoning remains a mystery. He was the “the founder and primary owner of Bernard L. Madoff Investment Securities and Exchange Commission LLC. The firm is primarily known for its business in...

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