Relevant:
- Madoff Costs Surpass Victim Pay-Offs as Strategy Lies in Ruins
- Madoff ex-clients file $19 billion suit against JPMorgan
- Madoff Trustee Seeks $1 Billion Harley Default Award
- Madoff Trustee Sues JPMorgan, Others For $6.4 Billion
- Judge Rakoff Limits Madoff Clawbacks To "Protect Securities Market" - Despite Lack of Real Trades
2008-12-18 — wcbstv.com
U.S. District Judge Louis L. Stanton ordered that clients of Madoff's private investment business seek relief under a federal statute created to rescue cheated investors. Stanton also ordered that business be liquidated under the jurisdiction of a bankruptcy court and named attorney Irvin H. Picard as trustee to oversee that process.
Whatever happened to "accredited investors"??
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