Daily Archives: February 5, 2009, 11:59 pm

Securities Docket News Wire for Feb. 5, 2009

Japan: Police arrest head of bedding company, 21 others in what may be country’s largest ever Ponzi scheme–$2.5 billion. http://is.gd/iwa1 # Mel Weiss and David Bershad Among Those Listed on Madoff Client List. http://is.gd/iuZ8 # FBI: Two People Arrested In $10 Million Insider Trading Case Involving Investment Banker, Details Coming. http://is.gd/iuKP # Two out of five senior executives would attempt…

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Be Very Careful How You Answer This Question!, Part II (a.k.a. “No, It is Not OK to Shoot My Client”)

The response is now in to the very interesting question posed by U.S. District Court Judge Jed Rakoff (previously discussed here) when deciding whether to free Marc Dreier on bail: “Are these armed guards authorized to shoot him” if he tries to flee? Counsels’ answer: Don’t shoot!! The details are in this post (click here) on my Enforcement Action blog…

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CNBC Video: Breaking Down the Madoff Client List

CNBC’s team breaks down the 162-page list of Bernard Madoff’s clients (“Swindler’s List” as the NY Post is calling it today) revealed in a U.S. bankruptcy court filing late last night in this video. The list includes prominent individuals, banks, pension funds, Madoff family members, a former U.S. senator and even Madoff’s own lawyer.  Click on the image below to…

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