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Question: Watch Video A: Madoff and the Scamming of America provides the historical setting of how the Ponzi scheme was executed and the practices of the time the crime was committed. Please watch Part 1 (15 minutes*) and Part 2 (30 minutes*) video recordings.
Watch Video B: Frontline: The Madoff Affair explains the Ponzi scheme and provides insights to the victims, enablers and the contributors. Please watch Part 1 (30 minutes*) and Part 2 (30 minutes*) video recordings.
Listen to Podcast: Ponzi Supernova podcast provides audio recordings of Madoff from prison. The investigators offer a rare insight to Madoff the mastermind himself.
Please play the slide deck which provides a brief description of the podcast and a link to the audio file. Simply click on the icon by the arrow on the 3rd slide of the deck.
Tendered Assignment:
Write a summary of each of the three resources and include at least one aspect of the series that was the most memorable to you. The summary for each should be approximate two/three short paragraphs and your memorable learning point should be approximately three/four paragraphs. Include why you selected this particular scene or part of the video/podcast. The three summaries/highlights should be written in one document with page breaks for the three different resources.
Please note that the total assignment written in Times New Roman font with 1.5 spacing and standard margins.
Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.
Some commentators have argued that the failure of the “Super committee” is good thing for the economy? Do you agree?
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Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"
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