The 'Bernard Madoff' Financial Scam

            
 
Case Study | Case Studies

ICMR HOME | Case Studies Collection

Case Details:

Case Code : FINC055
Case Length : 16 Pages
Period : 1990-2008
Pub. Date : 2009
Teaching Note :Not Available
Organization : Bernard L. Madoff Investment Securities LLC
Industry : Banking & Financial Services
Countries : US

To download The 'Bernard Madoff' Financial Scam case study (Case Code: FINC055) click on the button below, and select the case from the list of available cases:

Finance | Case Study in Management, Operations, Strategies, Business Ethics, Case Studies



Price:

For delivery in electronic format: Rs. 300;
For delivery through courier (within India): Rs. 300 + Rs. 25 for Shipping & Handling Charges

» Finance Case Studies
» Mini Case Studies
» Micro Case Studies
» View Detailed Pricing Info
» How To Order This Case
» Business Case Studies
» Area Specific Case Studies
» Industry Wise Case Studies
» Company Wise Case Studies

Custom Search


Please note:

This case study was compiled from published sources, and is intended to be used as a basis for class discussion. It is not intended to illustrate either effective or ineffective handling of a management situation. Nor is it a primary information source.



Chat with us

Strategic Management Formulation, Implementation, & Control, 12e

Please leave your feedback

Leave Your Feedback

ICMR India ICMR India ICMR India ICMR India RSS Feed

<< Previous

Excerpts Contd...

Why Did The Fraud Happen?

According to the industry experts, both regulators and investors neglected some important facts which enabled Madoff to carry on with this fraud for a long time. His fund had proved to be a consistent performer over decades. The fund had had only five losing months since 1996...

The Aftermath

The financial scam affected many investors in the US. The regions most affected included New York, Florida, Oregon, Nevada, Montana, Georgia and Kansas. A large section of these investors were from wealthy families of Florida's Palm Beach and New York's Long Island.

Finance | Case Study in Management, Operations, Strategies, Finance, Case Studies

Rene-Thierry Magon de la Villehuchet, a founder of a hedge fund named Access International Advisors, committed suicide in December 2008 after losing US$ 1.4 billion in the scam...

Did Madoff Act Alone?

Industry experts were of the opinion that the magnitude of the scam was such that it was impossible to believe that it had been carried out by a single person...

Exhibits

Exhibit I: Investors Affected Due to Madoff Scam
Exhibit II: The Charges against Bernard Madoff
Exhibit III: A Note on the Regulations in the US Mutual Funds Industry
Exhibit IV: S&P 500 Index Chart (May 2006-March 2009)

Finance | Case Study in Management, Operations, Strategies, Business Ethics, Case Studies


Custom Search





Marketing Financial Products
Textbooks Collection

Case Studies in Finance Volume-IV
Work Book - Rs. 750
Workbooks Collection

Case Studies in Finance Vol III

Case Studies in Finance Vol III
e-Book on Case Studies in Finance

Case Study Volumes Collection

Case Studies Links:- Case Studies, Mini Case Studies, Micro Case Studies, Simplified Case Studies.

Other Case Studies:- Multimedia Case Studies, Cases in Other Languages.

Business Reports Link:- Business Reports.

Books:- Textbooks, Workbooks, Case Study Volumes.