Thursday, February 17, 2011

Madoff investors victimized twice

The army of lawyers and consultants helping to recover funds from Bernard Madoff’s fraud stands to earn more than $1.3 billion in fees, according to new figures that detail the cost of liquidating the huge Ponzi scheme.

Read more at The Financial Times

Read more at ProPublica

"A lawyer is a learned gentleman who rescues your estate from your enemies and keeps it himself."
Henry Peter Brougham

"Never waste a good settlement on a client."
John Laxton

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