Mukasey Recuses Himself In Madoff Probe

WASHINGTON — Attorney General Michael Mukasey has recused himself from the Justice Department's investigation into Bernard L. Madoff, accused of running one of the largest Ponzi schemes ever.

Mukasey's son, Marc Mukasey, is representing Frank DiPascali, a Madoff firm official, in the probe.

Justice Department spokesman Peter Carr said Wednesday that the attorney general would not oversee or otherwise be involved in any aspect of the investigation, which is being run out of the U.S. attorney's office in Manhattan.

The SEC also is investigating. Losses in the alleged scheme could reach $50 billion.