[vodpod id=ExternalVideo.804530&w=425&h=350&fv=%26rel%3D0%26border%3D0%26] Oh Goody Gumdrops, a state judge in Connecticut has finally gotten around to freezing everything in sight related to Madoff and the feeder funds who loved him. From Dealbook (NYT): A state judge in Connecticut has slapped a temporary asset freeze on the managers of three large hedge funds that invested their…
Peter Madoff
David Friehling: Madoff Henchman #1
So, they got the accountant yesterday. His name is David Friehling and he inherited an accounting business in New City from his father-in-law which he proceeded to turn into a gristmill for the Madoff fraud, falsifying SEC filings and auditing statements for $186,000 in fees a year. Nice guy, wonder what’ll happen to him in…
Were the Feeder Funds in on the Madoff Scam?
There’s a great scene in the movie “Casino” where Ace Rothstein (Robert DeNiro) has to fire a local young man named Don Ward, who is responsible for supervising a slot machine that pays out multiple times in a short span: Don Ward: You might regret this, Mr. Rothstein. Ace Rothstein: I’ll regret it even more…