Irving Picard

New York Mets Settle Madoff-Related Case

AP | LARRY NEUMEISTER | Posted 05.19.2012

Read More: New York Mets, Video, Irving Picard, New York Mets Madoff, Fred Wilpon, New York Madoff, Bernie Madoff, Saul Katz, Madoff Mets, Business News

NEW YORK — The New York Mets' owners scored an early-season victory Monday, stabilizing the club's financial future in a deal with a trustee for...

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Thousands Of Ex-Madoff Clients Ineligible To Net Recovery Funds

The Huffington Post | Harry Bradford | Posted 01.06.2012

Read More: Feeder Funds, European Debt Crisis, Securities Investor Protection Corp., Video, Irving Picard, 60 Minutes, Denise Cote, MF Global, Ponzi Scheme, Bernie Madoff, Wall Street Journal, Cnnmoney, Businessweek, Business News

All these years later, the bad Bernie Madoff news keeps coming. Clients linked to the infamous fraudster's now defunct Bernard L. Madoff Investmen...

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Feeder Fund Investors Not Counted As Madoff Victims

Posted 08.28.2011

Read More: Fraud, Feeder Funds, Bernard L. Madoff Investment Securities LLC, Securities Investor Protection Corp, Bankruptcy, Irving Picard, Cayman Islands, British Virgin Islands, Ponzi Scheme, Bernard Madoff, Judge Burton Lifland, Securities and Exchange Commission, Investors, Video, Business News

NEW YORK (Jonathan Stempel) - Investors in "feeder funds" who lost money in Bernard Madoff's Ponzi scheme do not qualify as customers of the now-...

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Madoff Trustee Triples Size Of JPMorgan Lawsuit

Posted 08.25.2011

Read More: Madoff Lawsuit, Irving Picard, Madoff, Jpmorgan, Madoff Victims, Madoff Suit, Jpmorgan Suit, Bernie Madoff, Madoff Truste, Business News

NEW YORK (Jonathan Stempel and Jochelle Mendonca) - The trustee seeking money for Bernard Madoff's victims is now demanding $19 billion in damages...

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HSBC Reaches Settlement Over Madoff Lawsuit

Posted 08.07.2011

Read More: Hsbc Madoff, Bank Settlement, Irving Picard, Madoff, Ponzi Scheme, Bernard Madoff, Ponzi Hsbc, Wall Street Swindler, Hsbc Settlement Madoff, Business News

HSBC (HSBA.L) said it agreed to pay $62.5 million to settle a class action brought against it in the United States over its role in providing admi...

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Mets Owner's Message: "I'm Too Stupid to Have Known About Madoff"

HuffingtonPost.com | Peter S. Goodman | Posted 07.24.2011

Read More: Carlos Beltran, Irving Picard, Mets, Fred Wilpon, Madoff Victims, Bernard Madoff, Madoff Scandal, Jose Reyes, Wilpon Madoff, Fred Wilpon Mets, Business News

You all have New York Mets owner Fred Wilpon wrong. Yes, his comments to the New Yorker magazine, in which he denigrates his primary assets -- his...

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Trustee Swings and Misses with Mets Owners

Brad Kurtzberg | Posted 07.05.2011

Read More: New York Mets, Baseball, Irving Picard, Rep. Peter King, Mlb, Mario Cuomo, Ponzi Scheme, Fred Wilpon, Bernard Madoff, Jason Bay, Sterling Equities, Saul B. Katz, Trustee, Sports News

The SEC investigated Bernie Madoff numerous times during the 25 years the Mets owners made investments with him. It hardly seems fair to hold investors, in this case the Wilpons and the Katzes, to a higher standard than the SEC.

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Madoff's Victims Could Soon Recover Some Losses

Posted 07.04.2011

Read More: Irving Picard, Distribute Money, Investment Securities, Ponzi Scheme, Bernard Madoff, Trustee Madoff, North Carolina Prison, US Bankruptcy Court, Business News

A court-appointed trustee asked a federal bankruptcy judge to allow victims of Bernard Madoff's massive Ponzi scheme to start recovering some of t...

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Madoff Trial Will Use Real Names Of Bank Employees, Judge Says

Posted 06.13.2011

Read More: Bernie Madoff Investment, New York Times, Burton Lifland, First Amendment, Irving Picard, Ponzi Scheme Madoff, Jpmorgan, Citigroup, Business News

The judge overseeing the liquidation of Bernard Madoff's investment firm on Tuesday rejected requests by banks to keep secret the names of current...

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Madoff: JPMorgan Should Expect A 'Big Settlement'

Posted 06.08.2011

Read More: Hsbc, Ubs, Madoff Jpmorgan, Bernard Madoff, Irving Picard, Financial Times Madoff, David Sheehan, Business News

Four months after being sued on behalf of Madoff's scammed investors, Madoff himself has attacked JPMorgan. In what is described as a "rambling" i...

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UBS Accused Of 'Cheating' French Madoff Victims

Reuters | Posted 05.25.2011

Read More: Fraud, Jean-Pierre Martel, Paris Court, Irving Picard, Ponzi Scheme, Bernard Madoff, Swiss Bank, French Investors, Liquidating, Lawsuit, Ubs, Luxalpha, Business News

PARIS (Reuters) - Swiss bank UBS "tricked" victims of Bernard Madoff's giant Ponzi scheme by sponsoring a Luxembourg-registered fund that for four y...

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Key SEC Official Criticized For Ties To Madoff

The New York Times | Louise Story and Gretchen Morgenson | Posted 05.25.2011

Read More: Ponzi Scheme, Sec, Irving Picard, David Becker, Securities and Exchange Commission, Bernie Madoff, Ethics Violation, Mary Schapiro, Business News

The Securities and Exchange Commission took a beating two years ago for failing to detect Bernard L. Madoff's multibillion-dollar Ponzi scheme during ...

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Madoff Trustee: Lawsuits Delaying Money For Victims

Posted 05.25.2011

Read More: Business News, Ponzi Scheme, Bernard Madoff, Madoff Victim Lawsuits, Madoff Victims, Irving Picard, Business News

NEW YORK (By Jonathan Stempel) - The trustee seeking to recover money for investors victimized by Bernard Madoff's Ponzi scheme said he hopes to begi...

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Top SEC Lawyer Inherited Fraudulent Madoff Profit, Lawsuits Says

AP | Posted 05.25.2011

Read More: Madoff Trustee, Sec, David Becker, Irving Picard, Madoff Profits, David Becker Madoff, Bernie Madoff, Business News

NEW YORK — The top lawyer at the Securities and Exchange Commission has been named as a defendant in a lawsuit by the trustee who's trying to re...

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Madoff Interview: Banks 'Had To Know' Of Ponzi Scheme

The Huffington Post | Lila Shapiro | Posted 05.25.2011

Read More: Financial Crisis, Ponzi Scheme, Bernard Madoff, Irving Picard, Madoff Interview, Madoff Nytimes Interview, Madoff, Madoff Banks Had to Know, Business News

More than two years have passed since Bernard Madoff was arrested for a massive Ponzi scheme which spanned 16 years and consumed roughly $20 billion i...

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Bernie Madoff: Banks 'Had To Know' Of Fraud

Posted 05.25.2011

Read More: JP Morgan Chase, Sonja Kohn, New York Mets, Mark Madoff, Irving Picard, Ponzi Scheme, Bernard Madoff, Business, Bernie Madoff, Madoff Ponzi Scheme, US News, Business News

More than two years have passed since Bernard Madoff was arrested for a massive Ponzi scheme which spanned 16 years and consumed roughly $20 billion i...

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JPMorgan Slams Madoff Trustee, Demands Trial

Posted 05.25.2011

Read More: Madoff Lawsuits, Madoff Trustee, Madoff Victims, Irving Picard, Bernie Madoff, JPMorgan Madoff Suit, Jpmorgan, Business News

(By Jonathan Stempel) JPMorgan Chase & Co accused the trustee seeking $6.4 billion for victims of Bernard Madoff's Ponzi scheme of doing an end ru...

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Madoff trustee Sues HSBC For $9 Billion

AP | TOM HAYS | Posted 05.25.2011

Read More: Madoff Trustee, Madoff Victims, Irving Picard, Madoff Hsbc, Bernie Madoff, HSBC Madoff Profits, Business News

NEW YORK — HSBC prolonged disgraced financier Bernard Madoff's ability to burn investors by "engineering a labyrinth" of international sources of fu...

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JPMorgan Ignored Madoff Suspicions, Lawsuit Says

Posted 05.25.2011

Read More: Madoff Lawsuit, Madoff Trustee, Irving Picard, Bernie Madoff, Jpmorgan, JPMorgan Madoff, Business News

JPMorgan Chase & Co executives stood by silently as their client Bernard Madoff ran his epic Ponzi scheme, hoping to protect the bank's investments ...

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Madoff Trustee Gets $7 Billion Settlement From Picower Estate

AP | TOM HAYS and DAVID B. CARUSO | Posted 05.25.2011

Read More: Ponzi Scheme, Bernard Madoff, Madoff Trustee, Jeffery Picower, Irving Picard, Madoff Trustee Settlement, Business News

NEW YORK — Many of Bernard Madoff's victims who thought they lost everything could get at least half their money back after the widow of a Flori...

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Investors Snatching Up Madoff Victims' Claims

nytimes.com | PETER LATTMAN and DIANA B. HENRIQUES | Posted 05.25.2011

Read More: Madoff Trustee, Madoff Lawsuit, Irving Picard, Madoff Victims News, Investors Madoff Claims, Madoff Settlement, Madoff Victims Stories, Madoff Victims Claims, Madoff Bankruptcy Case, Business News

The lawsuits filed by the trustee seeking money for Bernard L. Madoff's fraud victims may be a blow for the defendants -- but they are catnip for an o...

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JPMorgan Worried Madoff's Returns Were 'Too Good To Be True'

The Huffington Post | William Alden | Posted 05.25.2011

Read More: Madoff Returns, Madoff Trustee, Irving Picard, JPMorgan Madoff, Madoff, Bernie Madoff, Jpmorgan, Business News

Bernie Madoff's outrageous, unflagging returns struck a JPMorgan employee as "too good to be true" two months before his arrest, according to newly un...

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Madoff Trustee Sues JPMorgan, Others For $6.4 Billion

AP | Posted 05.25.2011

Read More: Business News, JPMorgan Chase, Ponzi Scheme, Irving Picard, Madoff Scandal, Bankruptcy Court, Business News

NEW YORK — The trustee trying to recover money for investors cheated by Bernard Madoff is suing JP Morgan Chase for $6.4 billion, saying the ban...

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Madoff Trustee Sues UBS, Investors For Ponzi Profits

Posted 05.25.2011

Read More: Ubs, Madoff Trustee, Access International Advisors, Irving Picard, Bernie Badoff, Madoff, Luxalpha SICAV, Ponzi Scheme, Business News

BANGALORE: The trustee liquidating Bernard Madoff's investment management firm sued UBS AG and various other entities for allegedly profiting from the...

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John Malkovich: Madoff Owes Me $2.2 Million

AP | Posted 05.25.2011

Read More: Madoff Trustee, Irving Picard, John Malkovich, Being John Malkovich, Ponzi Scheme, Madoff Victims, Burn After Reading, Malkovich Madoff Lawsuit, Bernie Madoff, Malkovich Legal Drama, Business News

NEW YORK — Actor John Malkovich's lawyers have complained to a judge in New York overseeing the bankruptcy of jailed financier Bernie Madoff that he...

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