Read the case study Opportunity Lost: The Story of Bernie Madoff and the Securities and Exchange Commission from your textbook and answer the following questions:
- Why did the SEC respond so slowly to tips about Bernie Madoff’s Ponzi scheme? Will the failure to stop Bernie Madoff lead to major changes in the way SEC officials do their job?
- In your professional life you have likely worked for or observed both good leaders and weak ones such as offered in this case study. Discuss the characteristics that each displayed. Elaborate on the strategies they used to be successful or unsuccessful in their roles. What leadership theories did they follow? Support your response by using evidence from the text and a minimum of two peer reviewed articles.
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