Ethics In Business: The Bernard Madoff Investment Scandal
The organizational leadership of Bernard Madoff Investments Securities LLC was held by Bernard Madoff himself. Madoff’s charismatic leadership style included seducing friends, those in secluded groups, and even his own employees. He seduced his clients by making them to believe they were investing in something special. He would often turn people away, which helped Bernard in courting people and charities with more assets to offer. […]