Browsing Category "Madoff"

US Supreme Court rules on Palm Beach County arbitration motion.

US Supreme Court rules on Palm Beach County arbitration motion.

Posted by on Nov 8, 2011 in arbitration, Madoff

Palm Beach County is famous for many things.  Burt Reynolds, Tiger Woods, Michael Jordan, Spring Training for the World Series-winning St. Louis Cardinals are among them.  Sometimes Palm Beach County gets in the news because the United States Supreme Court [...]

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Madoff Trustee victorious in calculating “profits”

Madoff Trustee victorious in calculating “profits”

Posted by on Mar 2, 2010 in Fraud, Madoff

The New York Times reports that Irving Picard, the SIPC trustee in the Bernard Madoff Securities liquidation, was successful in justifying his method of validating claims. His method, which uses the traditional “cash-in, cash-out” methodology, is one that has been [...]

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