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Madoff trustees juggle settlements and lawsuits

February 03, 2011  



As 2010 started to slow down its pace just over two years from the fateful unveiling on 10 December 2008 of history’s largest Ponzi scheme, Irving Picard, the trustee for the liquidation of Bernard L. Madoff Investment Securities, arrived at a huge settlement with the estate of the late Jeffry Picower, and issued a flurry of complaints...

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