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Hedge Fund Blogs From HedgeCo.Net
Oct 29
Comment
New York (HedgeCo.net) – The total amount of Securities Investor Protection Corporation (SIPC) advances committed to customers in the Securities Investor Protection Act (SIPA) liquidation proceeding for Bernard L. Madoff Investment Securities...
Wall Street Journal
Oct 29
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The SIPC said the amount it has committed to advance to Madoff victims so far has topped half a billion dollars.
Wall Street Journal
Oct 28
Comment
The SIPC said the amount it has committed to advance to Madoff victims so far has topped half a billion dollars.
Bloomberg
Oct 17
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Bernard Madoff’s victims aren’t
entitled to the return of fake profit from the $65 billion Ponzi
scheme, the Securities Investor Protection Corp. told a judge
ahead of a February hearing on how to calculate losses.
Bloomberg
Sep 24
Comment
(Update3) A group of Bernard Madoff’s Ponzi
scheme victims asked a judge to bar U.S. prosecutors from hiring
Irving Picard, the liquidator of Madoff’s defunct firm, to help
distribute forfeited assets recovered in the criminal case.
Bloomberg
Sep 4
Comment
(Update2) Peter Kaltman, a retired accountant,
says he was reassured by the Securities Investor Protection
Corp. logo on the stationery of the brokerage that sold him
$550,000 in Stanford International Bank certificates of deposit.
Bloomberg
Aug 5
Comment
Bernard Madoff victims who qualify
for initial payments from the government-chartered Securities
Investor Protection Corp. will begin getting money faster under
a new system created by the trustee unwinding his firm.
MarketWatch
Jul 1
Comment
The Securities Investor Protection Corporation has committed $231 million for 543 claims submitted by Bernard L. Madoff Investment Securities LLC investors, according to a statement released Wednesday by Irving Picard, the court-appointed trustee...
New York Times
Jun 8
Comment
Customers say that they should be given credit for the full value of the securities shown on the last account statements they received before their investor’s arrest.
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