Protecting Forests to Prevent Climate Change

Introduction Economic impetus behind environmental exploitations by developing nations in pursuit for opportunities has made conservatives to develop and implement Payment for Environmental Service programs which offer financial compensation to the nations that avoid the exploitations (OEC 90). Arguably, the most prominent scheme is REDD (Reducing Emissions from Deforestation and Forest Degradation) which is an […]

The Analysis of Bernard Madoff’s Ponzi Scheme

Introduction Bernard Madoff (2009) is accused of engaging in a multi-billion securities scandal that involved managing a scheme called Ponzi, which caused global investors billions of dollars. The penalty for such criminal offence is a maximum prison sentence of 20 years. According to a criminal complainant, Madoff’s Ponzi scheme brought a great loss in investment […]