Latino Keynote Speakers Offer Event Industry Job Resources

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Comment by Marques on March 18, 2009 at 12:24am

The economy is the realized social system of production, exchange, distribution, and consumption of goods and services of a country or other area. A given economy is the end result of a process that involves its technological evolution, civilization's history and social organization, as well as its geography, natural resource endowment, and ecology, among other factors. These factors give context, content, and set the conditions and parameters in which an economy functions. An economy does not have to be a specific size. An economy can mean the economy of a city (local economy), a country (national economy) or the world as a whole (international economy), provided that it is involved in the production of goods and services. Bernard Madoff is not a popular man. Bernard Madoff, once the Wall Street wizard that sat atop the NASDAQ exchange, has pled guilty to running a Ponzi scheme that defrauded investors of $50 billion. He refused to accept a plea bargain that would have forced him to reveal anyone who assisted him, but he wasn’t interested, which lead some to believe he is protecting his wife, Ruth Madoff. Regardless of his motivation for not accepting a plea deal, or if he did act alone which is unlikely, prosecutors are seeking a sentence of up to 150 years in prison. There is a high degree of probability that Bernard Madoff will not end his days in the comfort and opulence that his grand theft afforded him.