The Fast and the Curious

Yesterday, hedge funds operated by Banco Santander reached a settlement with the trustee in the Madoff liquidation. The funds agreed to return $235 million. According to The New York Times, the trustee stated, “I am very pleased that we reached such a favorable...

"Insider Exclusive" Discusses Madoff

Recently, I joined Steve Murphy and a panel of guests on Insider Exclusive. I am not a lawyer. But I am a fan of the show and appreciate the insights from “America’s Premier Lawyers.” In these videos, Andrew Entwistle provides an excellent overview...

“Insider Exclusive” Discusses Madoff

Recently, I joined Steve Murphy and a panel of guests on Insider Exclusive. I am not a lawyer. But I am a fan of the show and appreciate the insights from “America’s Premier Lawyers.” In these videos, Andrew Entwistle provides an excellent overview...

One Billion and Broke

If this were Hollywood, the courtroom would be jammed. Reporters everywhere. Rowdy audience. Distinguished lawyers snarling and prepping to rip each other a new one. Here’s how the scene would start. Defendant/Investor: “Your Honor, I can’t pay my...

Spaghetti alla Madoff

1 part promise and 12 percent earnings, year in, year out 3 vats of baloney plenty of pork a yacht named “Bull,” and other accouterments of great wealth alla marinara (Italian phrase meaning “sailor-style”) 4 or 5 cups of feeder funds oodles of...