Madoff trustees juggle settlements and lawsuits

Thu Feb 3, 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...

ISSN: 2151-1845 / CDC10004H

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