Gregoriou and Lhabitant, Madoff: A Riot of Red Flags Study Notes review the following learning objectives:
Explain the history of Bernie Madoff’s hedge fund and describe the fund’s reported strategy and its reported performance.
Identify characteristics of Bernie Madoff’s hedge fund that can serve as warning signs or potential “red flags” and explain how they can indicate potential fraud risk.
After reviewing the notes, you will be able to apply what you learned with practice questions.
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