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Bernard Madoff, the free encyclopedia


In march, we focus on the food and drink

(Read here about the sitenotice) Bernard Lawrence 'Bernie' Madoff (born

april) is a former chairman of Bernard L.

Madoff Investment Securities LLC and the founder and former executive chairman of the NASDAQ stock market.

He pleaded guilty to all eleven criminal charges, admitted to having cheated thousands of investors of billions of dollars, and was judged to have operated a pyramid scheme, which is the largest of its kind in history.

Federal prosecutors estimated the loss of clients, which includes the manufactured loss, to amount to nearly sixty-five billion. The twenty-nine June, he was sentenced to years in prison, the maximum penalty. Bernard madoff's brother Peter Madoff is sentenced to ten years in prison.

Since there is no parole in the federal prison system, it is tantamount to life in prison.

Madoff founded the firm in, and it was one of the largest and among the market leaders on Wall Street. Madoff was also a leading figure within the jewish charities, and the fraud has significantly affected a larger number of jewish charitable organizations.

You can also participate in this year's forårskonkurrence

one of which, the Lappin Foundation, has had to close. Madoff was born into a jewish family. He is married to Ruth Madoff and own houses in Roslyn, New York and Montauk, Long Island, in addition to an apartment on Manhattan's Upper East Side to a value of more than five mill. dollars He also has houses in Palm Beach and in France and is a member of the Palm Beach Country Club. He owns a -foot fishing boat, which bears the name 'Bull'. With a savings of dollars from feriejobs as bl. a lifeguard and installer of havevandingsanlæg, he founded in the s, his venture capital firm, which ten years later had been a large number of customers, which he made on different golf courses (Country Clubs) all over the country. Madoff sat on the board of the National Association of Securities Dealers (NASD), a self-regulatory organization for U.S.

securities dealers.

His company was one of the five most active firms in the development of the NASDAQ, and he served as that the exchange's chairman of the board from. Madoff's firm was known for the 'pay for order flow', in other words paying a broker to let a customer's order go through Madoff.

Madoff promised investors in his investment firm L.

Madoff Investment Securities return of up to twelve percent on a year - returns that also faithfully have entered into the investors bank accounts in recent years. The returns originated, however, not from a lucky investeringshånd, but consisted primarily of funds from new entrants investors. On the way kept Madoff investeringskarusellen in time by constantly expanding with new investors. Jaffe is the son-in-law of Carl Shapiro, the founder and former president of equipment company Kay Windsor Inc. and an early investor and close friend of Madoff. Jaffe, a benefactor from Palm Beach, Florida, attracted many investors from the Palm Beach Country Club. 'The New York Post reports that Madoff,"used the so-called 'Jewish circuit' of wealthy jews whom he met on the golf courses on Long Island and in Palm Beach, and through his position in the board of directors of several prominent jewish institutions, he was entrusted with entire family fortunes'. According to CNBC, was Madoff able to sell to european investors at ski competitions, which were organized by the various stock exchanges. The investment bank J.

Morgan Chase in January entered into a settlement agreement with the federal and local authorities to provide a compensation of two billion.

USD, as the bank is believed to have withheld information opposite the Madoff investors.

Madoff sits as chairman of the board of Sy Syms School of Business at Yeshiva University, as well as treasurer of its donor committee.

He resigned his position at Yeshiva University after his arrest. Madoff also serves on the board of the New York City Center, the historical theatre and is a member of the New York City's prestigious Cultural Institutions Group (CIG). He also performed charity work for the Gift of Life Bone Marrow Foundation, and managed a private fund at the age of nineteen million dollars, who donated money to hospitals and theaters.

The writ of summons, the free encyclopedia

we focus on the food and drink The former was a summons is generally used on invitations to the meeting of a court The kind of documents referred to as is now more often callbut the word vidnestævning refers to continue a party's request that the court summons a person to appear as a witness in a civil case.

DRIVING WITHOUT a LICENSE - Penalty and penalty

According to færdselslovens §)

It is a violation of the Traffic laws to drive without a license, if such is required to have a driving licence for the vehicle concernedMotor vehicle and big mopeds may only be driven by a person who has acquired driving license. The driver must, while driving have driving licence with him and shall, on request, show it to the police. a must “the driver while driving have driving licence with him and shall, on request, show it to the police”. * If not-registreringspligtig moped, you must have præmiekvitteringen with you (jv. Færdselslovens §).). If you want to bring præmiekvitteringen, you get an additional fine of thousand £ (jv. The first time you get a fine on. kr, but it is nothing compared to the technical consequences, if you be found guilty in a traffic accident. In addition, you run the risk of getting confiscated vehicle and to be sentenced to prison if you are repeatedly taken for driving without a license. * if you three times in three years running the “small mopeds” (ie.

moped), confiscation of the moped

you get the never back again. It is NOT possible to get a reduced fine by the pga. age or low income Ie. it is NO special mitigating circumstance, if you are under the age of eighteen years or students. The leading motorised vehicle requiring a driving licence, apart from a small moped, despite the fact that the right to be or become master of such a vehicle is deprived of that unconditional, shall be punished by fine, cf. however, the first paragraph. * if you are in whilst disqualified three times in three years running the “small mopeds” (ie. moped), confiscation of the moped. you get the never back again. As a starting point sharpened two runs in whilst disqualified, while adjudication is normally in relation to the next strafposition in the table above. Strafmaksimum of such an absolute cumulation is assumed to be in the region of three months imprisonment (cf. Færselsloven with comments, p.) In practice, the confiscated vehicles are mostly in connection with driving whilst disqualified as well as repeated cases of driving under the influence. It is only the vehicle used in connection with the driving without a license, which may be confiscated. If the driver owns the other vehicle, these can also be confiscated in the case of drunk driving, if it is considered that repeated drink-driving is likely. Although the insurer initially pays replaces the damage, you must pay the property damage and personal injury. It is also called recourse. Paragraph An agreement between the insurer and the insured that the company shall have the right of recourse against the after section is responsible for the damage, when the contingency is evoked by the person responsible, by negligence, has only effect, if the contingency has been caused by a negligence, can be described as gross recklessness.