Bernard Madoff Is in Jail After Pleading Guilty in 2009

question 48

Multiple Choice

Bernard Madoff is in jail after pleading guilty in 2009 to the biggest fraud in Wall Street history.Madoff carried out his fraud over four decades by relying on __________.

• A)financial expertise and human error
• B)social engineering and the predictability of human nature
• C)red flags and accounting loopholes
• D)unbelievable returns that defied the market

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Definitions:

SCANS

The Secretary's Commission on Achieving Necessary Skills, identifying competencies and skills that students need to succeed in the workforce.

Workplace

A location where individuals are employed to perform tasks or duties related to their job; can be physical (office, factory) or virtual environments.

Positive Attitude

An optimistic mindset that focuses on the good aspects of a situation, encouraging constructive responses to challenges or setbacks and promoting overall well-being and success.

Positive Thinkers

Individuals who focus on the good in any situation and maintain a hopeful outlook.