How Did Deregulation and Lax Enforcement Contribute to the Bernie

question 47

Short Answer

How did deregulation and lax enforcement contribute to the Bernie Madoff Ponzi scheme?

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Definitions:

Psychological Term

A word or phrase used to describe a concept within the field of psychology.

Maladaptive Personality Traits

Maladaptive Personality Traits are characteristics that negatively affect an individual's ability to function in various life domains, including work, relationships, and mental health.

Psychological Discomfort

A state of emotional or mental uneasiness, distress, or suffering that arises from various sources including stress, anxiety, or cognitive dissonance.

Functioning Well

Operating or performing in an effective and efficient manner according to expected standards or benchmarks.