Bernie Madoff Ethics in Management

How did the organizational leading come into play? The organizational leadership of BLMIS (Bernard L Madoff Investments Securities LLC) was headed by none other then Bernie Madoff himself. Bernard L. Madoff was the reckon leader of the largest Ponzi scheme in history and despite the particular that Madoff claims he acted alone, there are some key players indoors the Madoff organization that are co-conspirators in the Madoff ponzi scheme. Daniel Bonventre, Madoffs former operations tribal chief/accountant who worked for Madoff since the late 1960s, faces conspiracy, securities fraud and tax charges. Enrica Cotellessa-Pitz, Madoffs former ascendance started working at BLMIS in 1978. Enrica shifted money between fundsbox accounts and various parts of the BLMIS organization. Frank DiPascali Jr, Madoff chief financial police potencyr who has been arrested for committing securities fraud by overseeing Madoffs entirely fictitious investitures and for creating millions of juke joint documents to conceal the fraud from regulators and investors.

The leadership did not stop there as his long time secretary and back office supervisor, Annette Bongiorno who worked for Madoff for 40 years and Joann Cupri who had worked for Madoff for 25 years and dealt with the firms daily cash balance have been charged with helping the disgraced investment banker fool investors for decades by making fictitious investments. Theyre also charge of cashing in on the legendary Ponzi scheme themselves. Peter Madoff, Bernie Madoffs brother served as chief compliance officer had started the connection with Bernie and has been accused of helping Bernie Madoff with his epic ponzi scheme. Bernies two sons determination and Andrew also work at BLMIS and both started working at the company when they were in their early 20s. Their job was to manage the desks that dealt with stock trading (Henriques). How did ethical behavior and responsibility disaccord between employees and management? It is clear... If you want to get a large essay, order it on our website: Orderessay

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