Home -> Law Blog Directory -> Criminal Law Blogs -> SECLaw.com

Criminal Law

: SECLaw.com

The Madoff-Fairfield Connection

By Mark H. Astarita, Esq.

div xmlns='http://www.w3.org/1999/xhtml'The Wall Street Journal has a lengthy story about an SEC examination of Madoff in 2006, as well as a detailed version of the Harry Markopolos story - Markopolos is the analyst at a rival firm who figured out that Madoff's returns were not real, and tried to get the SEC to believe him for years.br/br/Interested parties should read the article, it repeats, with detail, the examination of Madoff's trading strageties that demonstrated that the story was impossible and provides other detail that we have not seen yet.br/br/And there is another interesting aspect to the story. According to the article, the examination in 2006 did not only involve Madoff's firm, it involved Fairfield Greenwich. Fairfield Greenwich is the 17 billion dollar hedge fund that placed money with Madoff on behalf of its clients...continue to full post

Full post as published by SECLaw.com on December 18, 2008 (boomark / email).