go to WWW.pbs.org and go to the Frontline series. Click on “The Madoff Affair” . Watch the program and answer the following questions.

1-Define Ponzi scheme.
2- The documentary discusses “due diligence”-why do you think “due diligence” was not done by many of the feeder funds {various fund managers who fed money into Madoff’s company}.
3-What do you think were some of Bernie Madoff’s behavioral/personality traits?
4-What do you think about Madoff involving his2sons in his Ponzi scheme?
5- Discuss the whistle blower Harry Markopolis and the information he fed the Securities and Exchange Commission [SEC].
6-How do you think Madoff’s deceptive and manipulative behavior impacted his organization?