Money Matters Syllabus

Dr. Paul K. Piff is a professor of psychology and social behavior at the University of California, Berkeley. In 2013 he gave one of the most popular TED Talks ever, on the topic of the effects of wealth on personal and social psychology. The video is most amusingly titled, “Does money make you mean?”

Many professional athletes and entertainers earn large sums of money. Do you agree or disagree with these individuals making high salaries? Use specific details and examples to convince others to support your position.

Does money control today's society? The Younger family is an African American family in Chicago in the 1950s. The family lives in a small and ratty one window apartment. They are an “average” family who receives the proceeds from a $10,000 life insurance policy from the death of Walter Lee Sr. Everyone in the family has their own idea of what they want to do with the money, if it was up to one of them. The author's story setting is in the apartment surrounded by various conflicts, conversations and actions of the characters. The story line is only a couple of days, but in that time the author is able to show how poverty can have a negative effect on the Younger family.

Of the many classes that I chose to take, my two favorites were an English course and Health course. I may want to be a K-9 Officer, and these have few things in common with that career goal, but they were my favorite courses because of the professors who taught the course. Janice (Meredith) Privott for the English course, and Matthew Harpold for the Health course. These two teachers helped push me to better myself in almost every way. Mrs.Privott helped me on a personal level with stress and trauma; from her support she made me a much stronger person. Mr.Harpold helped me with my self-esteem, he took the time to help me when I needed it, even when I wasn’t in his class, just as Mrs.Privott did.

In December 2008, one of the largest Ponzi scheme surfaced when Mark and Andrew Madoff reported the works of their father, Bernard Madoff to the federal authorities. A Ponzi scheme is an investing scam that promises high rates of return with little risk to investors. The operator generates returns for older investors by gaining new investors. Bernard was arrested on December 11, 2008 and charged with securities fraud. He pled guilty to 11 counts and was sentenced to 150 years in federal prison-the maximum possible prison sentence. A reported $17.3 billion was invested into the scam by Bernie’s clients and only about $2.48 billion have been returned to these victims as of September 2012.

What is right or wrong? People base their values of right and wrong on what they have learned from their experiences (Ferrell, Fraedrich, & Ferrell, 2018). What one person sees as wrong, may be a normal for another. Most people are taught to work hard, save money, and invest for a future retirement. However, when it comes to money, some people lose all principles and standards of behavior. There were several ethical issues in the Madoff case. They include: stealing, cheating, lying, misrepresentation, and deliberate deception. Madoff used the Ponzi scheme or the money pyramid to make his money. In the Ponzi scheme, money was taken from new investors and given to existing customers as earning without being invested. Was this right or wrong? Throughout this case study ethical concerns can be seen on both sides, the investors and Madoff’s.

Throughout my high school career, a teacher that has had an impact on my life consists of Michael Sherwin. He is my Advanced Placement Government and Advanced Placement U.S. History teacher. Mr. Sherwin proves to be prominent in my high school career because his lectures in class are always enjoyable and very comprehensive. He is very knowledgeable on the subjects that he teaches and he is able to provide insight on countless topics. As his student, he is the reason that I have taken the initiative to partake in much more difficult classes throughout high school.

The teachers, they can point to and say, “That individual assisted me in becoming the person I am today.” For me, I have one special person that I can do that to. This individual is not only my favorite teacher, but very influential in my life. Katie Josef, my Ed Tech teacher, has shown me what true passion for the field of education looks like. I witness her upbeat personality, and get to experience the kindness she exuberates to her students on a daily basis. She drives the individuals in her class to succeed to their best ability. She inspires me to become an outstanding teacher in whatever field I choose to pursue. Mrs. J has shown me what a teacher that cares for her students truly looks like. With the love and support she shows, it is no mystery how she creates unbreakable bonds with her students- bonds that last for many years, even after a student's graduation. I desire to create these same bonds with my future

In this case study, Bernie Madoff had been a prosperous and respectable financial specialist to his clientele. His clienteles were gotten just on a welcome only premise due to the fact that he was so successful. Madoff's appeal was that he could get a significant and consistent return on his stakeholder's money and offer sustain and continued growth. He simply moved money around to give the appearance of success. This trick not only fooled the investors, but fooled market insiders and regulators alike. Madoff even sought to only employ inexperienced and uneducated employees, since they were unlikely to discover his misdeeds. Eventually, Madoff's scams reached their end. It was then that Madoff told his sons of the scam and they subsequently

The discussion weather or not we need credit for a financial literacy class or not has become a big deal. We all have our opinions on if it does or doesn’t. I believe that a financial literacy class shouldn’t have a credit needed to graduate. Reason for this is because High School students already have enough credits they need to get and also it seems like a street smarts class. Something that most of us should already know well enough to be fine off.

Then there was Human Resources with Professor Bowen. He did a few things for my learning process. He directed me to cultivate what my idea of leadership meant. Professor Bowen also initiated discussions which led me to truly uncover what would make me happy to do even without the presence of money.

Justin Maust. The two hours he was able to speak to us flew by fast. And at the end of class I was inspired and motivated to start taking action on any of my pending items and taking charge of my life. I learned so many things from Mr.Maust I don't know how to put it all on paper. In the end all I can say is I think I can speak for everyone when I say that Mr. Has inspired us all to look at challenges and life through a different perspective in order to make the most out of it.

Bernie Madoff started his own market maker firm in 1960 and was an influential individual in the startup of the Nasdaq stock market. He also was on the board of National Association of Securities Dealers and an advisor to the Securities and Exchange Commission on trading securities. This extensive and impressive background in the investment industry allowed him to build and maintain the largest known Ponzi scheme is United States history. Under this Ponzi scheme, Madoff used the money coming in from new investors to pay the previous investors the promised 50% returns in 90 days. Investors would buy into Madoff’s investment plans and invest more money while more investors would join. The exact start date of Madoff’s Ponzi scheme is unknown,

This paper introduces Bernard L. Madoff a fraudster who orchestrated a multi-billion dollar Ponzi scheme. The paper discusses elements that make up a Ponzi scheme and explains what a Ponzi scheme is. The paper goes on to introduce some of the victim’s and examines some reasons why someone might fall victim to a Ponzi scheme. The paper describes the three elements making up the fraud triangle and how they relate to the fraud and the fraudster. This paper covers Bernard Madoff’s background and history and how he committed the fraud analyzing the fraud triangle. The paper describes ways to correct the issue, accounting principles violated, and recommendations for a fix. Finally, the paper looks at internal and external controls violated and ends with a conclusion.

Money is a precious thing and it can become challenging to not spend it immediately after getting it. It is crucial that this does not happen. There is no denying that money is an important part of society. The world revolves around money and without it, one? would not be able to function. In everyday life the average household will spend one hundred and sixty dollars daily. It is safe to say that money is an resource used daily. It is a tool that can be used to connect with other people or buy anything a person could want or need. Yet it is easy to spend money without realizing how much is really being spent. With only a few simple tips it will become much easier to save money instead of spending it on frivolous things. One’s hard-earned dollar should be saved, and simple tips such as using cash instead of cards, saving small change and only purchasing what one really needs are a few of many ways of doing this. The power of money can easily be abused and it is very important to make sure that a person is well informed on ways to save and spend money wisely.