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Old 03-09-2009, 04:00 PM   #10
classicman
barely disguised asshole, keeper of all that is holy.
 
Join Date: Nov 2007
Posts: 23,401
Madoff victims' lawyers converge on New York

Quote:
The alliance, formed last month in Madrid, comprises 34 law firms and 5,000 lawyers from countries stretching from Chile to Israel and Austria to the United States.
The huge grouping is attempting to coordinate a response to Madoff's alleged Ponzi scheme in which investors worldwide lost their money in a decades-long scam.
Quote:
However a deal might mean that relatives heavily involved in his business -- such as his two sons -- and who have not been charged, might win more protection, observers say.

Another figure that Madoff may be seeking to shield is his wife Ruth, who also has not been charged.

Victims of the Madoff investment collapse raised eyebrows at accusations that she withdrew 15.5 million dollars from a brokerage linked to her husband just before his arrest and alleged confession in December.

Ruth Madoff's lawyer has also taken steps to try to prevent victims or prosecutors from seizing 70 million dollars in assets that she claims are solely hers and not shared with her husband.
cough\BULLSHIT/cough
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