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By Melanie Waddell, AdvisorOne |
July 28, 2011
Irving Picard, trustee for the SIPA liquidation of Bernie Madoff's firm, announced Thursday that he had reached a $1 billion settlement with Madoff 'feeder funds.'
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By John Sullivan, AdvisorOne |
July 25, 2011
Dispute centers on meaning of 'theft' versus 'fraud.' SIPC to decide on next move by mid-September.