Bernard Madoff engineered one of the most devastating crimes in U. history. You are attending a cocktail party and you tell someone that:

Bernard Madoff engineered one of the most devastating crimes in U.S. history. You are attending a cocktail party and you tell someone that: "The Madoff crime was an affinity scam that used a Ponzi scheme disguised as a hedge fund." Suddenly you are surrounded by five people who lost money to Madoff and they are very interested in hearing a detailed explanation of your remark. Provide them with an analysis of Madoff and his crime!

Corruption by public officials is often created by specialized access. What is specialized access? Select three examples of public official corruption using Internet sources. Describe the frauds and explain how the perpetrators' specialized access contributed to the frauds.