He had built a reserve around a Ponzi Scheme when he ransomed his penny financial specialists, and, regardless of whether inevitably his plan would separate since it isn't economical, the emergency in 2008 wrecked it. Thusly, Madoff's end was dictated by when the emergency hit hard, and his speculators began removing cash from the firm. The statement: “I ran the biggest Ponzi Scheme in history, okay? Within the biggest Ponzi Scheme in history!” is to a great degree genuine. The various budgetary establishments were additionally dishonest by pitching home loans to individuals that in all likelihood wouldn't have the capacity to pay.
Casey came across some investment information from a client of Madoff and gives the information to Markopolos to look over. Markopolos claims it took him five minutes to determine Madoff’s investment enterprise was a Ponzi scheme. After obtaining
While Cap may have been content with his choice to live in service of the people, he most likely did not experience happiness for the majority of his life. Bernie Madoff falls on at the deficient end of the virtuous spectrum. He lived a life of greed. Madoff committed multiple acts of fraud with a Ponzi scheme and now will spend the rest of his life in prison. A life of greed creates an illusion of happiness, but in reality, greed only leads to self-destruction.
He deceived a bountiful amount of people and gained money and power doing it. Madoff used
Another example of Zaroff having no conscience is when he was talking to Rainsford, "A new animal? You're joking." "Not at all," said the general. "I never
Suddenly things he did every day without hesitation seemed silly. This is when the reader finally is able to identify the theme. For a while, it seems as though it is Montag against the world. The only person who could possibly understand him, Clarisse ,was murdered. His Family isn't an option and his wife Mildred was a lost cause.
He had stolen files that were not his, and most of all, he did it without the owner’s consent. Even though he was unaware of his actions being considered as stealing, what he did was still morally wrong. On the other side, the supporters of Aaron used the utilitarian theory. They did not care much as to what they were violating or what can be or will be violated, because they believe that their purpose and output is justifiable. In my opinion, I believe that the best ethical theory to be applied in this kind of situation is the social contract theory, simply because it stops conflict.
In Gerald Graff’s “Hidden Intellectualism” he emphasizes his own personal opinion and thoughts on street smarts vs. intellect or book smarts. He then goes into saying how students do not need to read intellectually challenging writing to become intellectuals. While talking through this he figures out what category he would put himself in. He really notices this about himself when he stopped and listened to himself and realize how much he argued and how he reasoned with particular subjects. Graff then goes in telling a story about Michael Warner who also, like Graff, found out where he would put himself, and it would for the same reason Graff did, by arguing.
His being hunted like an animal being hunted led him to figure out the value of life. What kept him from giving up during the three days of him being hunted was his new value of life. This value made him want to never become what Zaroff was. Zaroff was a murderer because he enjoyed the challenge of hunting humans over animals, which were no longer a challenge to him. Once Rainsford realized what Zaroff was doing he became afraid of him and refused to hunt with him when he had offered.
For Oliver Wendell Holmes, Jr., the study of law is nothing but a prediction of how judges will decide a case. This view was illustrated by the “Bad Man” theory, in which a bad person’s view of the law is the best way of knowing what the law is because the bad man will carefully and precisely calculate what he must do in order to avoid state-enforced sanctions resulting from disobedience of the law. The bad man does not concern himself with morals, instead he is more concerned with the material consequences (e.g., staying out of jail or avoiding a fine). In this sense, the bad man will be more calculating in his actions, driven by the desire to pit his wits against the law—the codified will of others. Whereas, the common man will conform his actions to meet his desire to address those moral and social obligations which bind him.