BlogHide Resteemsdijiang (25)in ponzi • 7 years agoFraudulent Scheme of Tom Petters - Part 4 (of 4)Gaining From Reputation From the 3rd part, Petters himself knew how to milk a good reputation. He donated millions of dollars to fund education, forming the Petters foundation, which provide grants…dijiang (25)in ponzi • 7 years agoFraudulent Scheme of Tom Petters - Part 3 (of 4)Scheme Crumbling Down Petters’ Ponzi scheme started to crumble when Acorn Capital Group found out that the payments (and you could also say proceeds) were not going directly to these lockbox…dijiang (25)in ponzi • 7 years agoFraudulent Scheme of Tom Petters - Part 2 (of 4)This is the beginning of the 2nd part. Petters’ Reputation Petters has a good reputation as a businessman, with a promise of 15% to 22% of steady annual returns. To make it appear that he is…dijiang (25)in ponzi • 7 years agoFraudulent Scheme of Tom Petters - Part 1 (of 4)This is the summary of the Ponzi Scheme entitled “Fraudulent Scheme of Tom Petters”. Background Let me first give you a brief history of Tom Petters started his name in business. Thomas Jefferson…dijiang (25)in business • 7 years agoNick Leeson and Barings Bank’s Demise - Part 2From the first part, I explained that Error Account 88888 was supposed to be used to cover minor human errors in recording trades. However, this is not what happened in Leeson’s…dijiang (25)in business • 7 years agoNick Leeson and Barings Bank’s Demise - Part 1This is my discussion and summary of the Nick Leeson’s role on the death of Barings Bank, which was a former British investment bank based in London. It was the world’s second oldest investment…dijiang (25)in finance • 7 years agoFinance Ethics: Definition, importance and promotion - Part 2This is the second part of my essay on Finance Ethics. Given its importance, this new discipline can be promoted in academic institutions, particularly Business colleges by including information on…dijiang (25)in madoff • 7 years agoBernie Madoff's Ponzi scheme - Part 2This is the second part of the Madoff's case. So, if everyone is buying into the Madoff hype, how did the authorities discover his scheme, which Madoff admitted that it started during the early…dijiang (25)in enron • 7 years agoEnron's Financial and Accounting Fraud - Part 2This is the second part of my summary of the Enron scandal. Another big consideration in this case study is the role that Enron’s CFO, Andrew Fastow, who played an important role in creating the…dijiang (25)in finance • 7 years agoFinance Ethics: Definition, importance and promotion - Part 1This post will discuss the definition, importance, promotion, and significant concepts that teachers like me can discuss about Finance Ethics. Let me just give you a brief recent…dijiang (25)in introduction • 7 years agoSteemit Introduction_Prof. Di JiangGood day, Steemit Community. I am Di Jiang. I am a university professor of Finance who loves to blog about business, management, finance, investments, and ethics. All contents of this account…dijiang (25)in madoff • 7 years agoBernie Madoff Ponzi Scheme - Part 1The case that I'll be summarizing and discussing is entitled “Bernie Madoff Ponzi Scheme”. Let me first give you a brief history of one of the most hated, if not the most hated fund manager in the…dijiang (25)in enron • 7 years agoEnron's Financial and Accounting Fraud - Part 1Today, I’m going to discuss and summarize a classic case in Business Ethics classes. The title of this case is Financial and Accounting Fraud at Enron. Let me first give you a brief history of…dijiang (25)in corporate • 7 years agoCorporate Misconduct: Influential Individual vs. Organizational CultureCorporate culture refers to the beliefs and behaviors that determine how a firm's internal stakeholders (i.e., employees and management) communicate, interact and handle both internal and external…
