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The Madoff investment scandal was a major case of stock and securities fraud discovered in late 2008. [ 1] In December of that year, Bernie Madoff, the former Nasdaq chairman and founder of the Wall Street firm Bernard L. Madoff Investment Securities LLC, admitted that the wealth management arm of his business was an elaborate multi-billion ...
Bernard Lawrence Madoff ( / ˈmeɪdɔːf / MAY-dawf; [ 2] April 29, 1938 – April 14, 2021) was an American financial criminal and financier who was the admitted mastermind of the largest known Ponzi scheme in history, worth an estimated $65 billion. [ 3][ 4] He was at one time chairman of the Nasdaq stock exchange. [ 5]
mcafee.com. McAfee Corp. ( / ˈmækəfiː /; MA-kə-fee ), [ 4][ 5] formerly known as McAfee Associates, Inc. from 1987 to 1997 and 2004 to 2014, Network Associates Inc. from 1997 to 2004, and Intel Security Group from 2014 to 2017, is an American global computer security software company headquartered in San Jose, California .
On Monday, McDonald's stock closed at $287.55. In the second quarter, McDonald's US same-store sales decreased 0.7%, driven by a drop in foot traffic. It's the first decline in US same-store sales ...
Under law, third parties that obtain a greater than 10% stake in a bank can be considered a controlling interest in the bank and subjected to stricter regulation and oversight.
Google’s corporate parent Alphabet Inc. delivered another quarter of steady growth amid an AI-driven shift in the ubiquitous search engine that is the foundation of its internet empire. The ...
Logo of Enron. The Enron scandal was an accounting scandal involving Enron Corporation, an American energy company based in Houston, Texas.When news of widespread fraud within the company became public in October 2001, the company filed for bankruptcy and its accounting firm, Arthur Andersen—then one of the five largest audit and accountancy partnerships in the world—was effectively dissolved.
ILOVEYOU, sometimes referred to as the Love Bug or Loveletter, was a computer worm that infected over ten million Windows personal computers on and after 5 May 2000. It started spreading as an email message with the subject line "ILOVEYOU" and the attachment "LOVE-LETTER-FOR-YOU.TXT.vbs". [ 1] At the time, Windows computers often hid the latter ...
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