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Greed: Bernie Madoff Fraud Case

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Greed is the only option that can support Bernie Madoff decision on becoming a criminal. He was already well off from the start of his parents under the table schemes he just wasn’t satisfied. According to biography.com the Madoff parents seems to have started their under the table schemes in the 1960s when he was just a child, they started when his mother registered as a broker-dealer and listed their home as an office and called the company Gibraltar Securities following that the SEC forced the closure of the business for failing to report its financial condition. The only thing that can refute he did the right thing by engaging in fraud was he was following his mother guide on running the business and his business traits were passed down
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The time between the Granger laws in 1870 and, the antitrust acts in 1900 is known as the gilded age, courtesy of Mark Twain. It was the time where business boomed and when monopolies were born. But, once looked into, these heavily influential businesses began to look more and more corrupt to the average American. These Big businesses led by so-called Robber barons, took a major part in the american economy using political corruption and bending the rules to their liking. However, the working class people didn't take kindly to such actions and formed labor unions and took political action to oppose working conditions and, political corruption.

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