Bernie madoff discussion questions what is a ponzi scheme? what is a feeder fund? how did fairfield greenwich make its money? what was the condition mr. madoff imposed on people marketing his investments? why did he do this? when investors received their statements, what responsibility did they have to review and understand them? what kind of due diligence did the feeder funds do? starting in 2001, harry markopolos alerted sec three times to the likelihood that bernard madoff was running a ponzi scheme. why do you think the sec didn’t act on this information until 2006? what was the final straw that uncovered the madoff ponzi scheme? ultimately, who do you think was responsible for the losses incurred by investors? do you think the us government should offset the losses incurred by investors with madoff? what actions should the us government take to minimize chances of other ponzi schemes taking place? after you posted your answers, respond to at least two classmates' posts. your responses should be more insightful than good job. respond with no less than 100 words.