Revisit Capsule 9.2 from Chapter 9 about the Madoff and Stanford investment schemes. Using the information included in Capsule 9.2, the information covered to date and independent sources, please ponder the following questions in preparing for the weekly post:
1.Which drivers of unethical behavior were active in the Madoff investment fraud scheme? The Stanford investment scheme?
2.How did he cultures of the Madoff and Stanford investment firms assist in perpetuating the frauds?
3.What ethical responsibilities were lacking in the fraud’s investors that would have helped prevent the frauds?
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