Home -> Law Blog Directory -> Litigation Blogs -> Structured Settlements 4Real
(866) 635-2689 for Personal Injury or (866) 635-9402 for Criminal Defense
Find a Local Lawyer
Divorce (866) 635-6190
Personal Injury (866) 635-2689
Criminal Defense (866) 635-9402
Litigation
: Structured Settlements 4RealMadoff Ponzi Scheme and Structured Settlements. Any Exposure?
By John Darer
As the extent of the fallout from the massive Madoff Ponzi scheme continues to unfold, the breadth of investors and firms affected is already staggering. According to reports several Israel insurers, European Banks, the owners of the Mets, the IRA of the Chief Economist for Market Watch, numerous charitable foundations (some of whom have been forced to close) and the North-Shore-LIJ Health System.
As if the financial services community needed another confidence sapper, the New York Post reports that international losses alone could exceed $8 billion!
While Mr. Madoff appears destined to meet his maker in jail (unless he does a Ken Lay), the reporting of the fraud in the financial press is likely to cause some confusion. Therefore 4structures.com, LLC has conducted a brief structured settlement survey of the primary structured settlement annuity issuers for official statements on their Madoff exposure, if any. As the responses come in they will be posted here.
Stuctured Annuity Issuers and other Litigation Recovery Management Vendors Who Have Declared NO EXPOSURE to the Madoff Ponzi Scheme
American General Life Insurance Company and American International Life Assurance Company of New York
Download AIG structured settlements response to 4structures re Madoff
First Capital Surety and Trust Company
Download First Capital Surety Response on Madoff
Download PL Response to 4structures re Madoff
(other structured annuity companies and litigation recovery management vendors will be listed as their responses come in)
Copy of Class Action Complaint against Bernard L. Madoff and Madoff Securities, LLC
Full post as published by Structured Settlements 4Real on December 15, 2008 (boomark / email).
SEC Charges Bernard Madoff with Running a Ponzi Scheme
Following on the arrest of Bernard L. Madoff for criminal securities fraud, the SEC charged Madoff and his investment firm, Bernard L. Madoff Investment Securities LLC, with securities fraud for a multi-billion dollar Ponzi scheme that he perpetrated on advisory...
Bernard Madoff Ponzi scheme investor losses: Recovery
If you watch television, read the newspaper, or surf new sites, you’re sure to have hears about the $50 billion Ponzi scheme masterminded by Bernard Madoff. The $50 billion in losses is merely an estimate...
Does Bernie Madoff Have Victims or Accomplices
Everyone acted surprised when Bernie Madoff's hedge fund was exposed as a Ponzi scheme. The evidence now suggests that many of Madoff's supposed victims were really co-conspirators...
The Madoff Case: Another Black Eye for the SEC
Last week?s revelations about Bernard Madoff?s $50 billion Ponzi scheme raise serious questions about the efficacy of the SEC?s examination and enforcement programs. Although Mr. Madoff apparently managed large amounts of other people?s money for many years, he did not register his firm as an investment adviser until 2006...
Bernie Madoffs House Of Lies
From humble beginnings as a lifeguard to a storied investment leader on Wall Street, Bernard (Bernie) L. Madoff has seen and done it all. Or, so he thought. Following Madoff?s arrest by federal agents last week for running a giant Ponzi scheme and losing at least $50 billion of his clients? money, the next stop [...
SEC Charges Bernard L. Madoff for Multi-Billion Dollar Ponzi Scheme
News release: "The Securities and Exchange Commission today charged Bernard L. Madoff and his investment firm, Bernard L. Madoff Investment...
Wesley A. Snyder et al.
alleging the consultants perpetrated a Ponzi scheme by encouraging borrowers to lend more than they needed.
Further Settlements Reached in Kitec Lawsuit
Kitec Pumbing Further settlements reached in Defective Products Lawsuit
Hershey Co. et al.
allegedly involved in a chocolate price fixing scheme.
Hormone Replacement Therapy Lawsuits See Multi-Million Dollar Settlements
HRT Lawsuits Pharma Faces Multi Million Dollar Settlements
#1 Online Legal Resource
On 08-25 at 15:46PM
Acute perpendicular parking #NYPD #NYFD
On 08-18 at 22:18PM
Parallel parking gone bad. Too much gas UES NYC
On 08-18 at 21:41PM
UES NYC
On 08-18 at 21:25PM
Twitter suspends journalist critical of broadcast partner's coverage on dubious grounds @guyadams #nbcfail #twitterfail
On 07-30 at 17:57PM
Model example of 1st Amendment suppression by the People of New York City's Michael Bloomberg #OWS #NYPD
On 07-12 at 21:07PM
AG Holder lackadaisical on Operation in our Sites domain name seizures & RIAA lobbied free speech suppression @dajaz1
On 06-08 at 22:44PM
Why is the Catholic Church going to court over Obama contraception policy? @NewYorker commentary
On 05-31 at 10:08AM
Monks sue Louisiana for right to sell caskets made from forrest destroyed by Katrina
On 05-31 at 07:47AM
Are the abortion ultrasound laws headed for the Supreme Court?
On 05-15 at 21:52PM
 |
|
Contact Us | About Us | Celebrity Law Blog |
Our Partners | Disclaimer
| Law Blog Directory
| Law Jobs
| Law Tweets
| Oil Spill Video
All original material © 1999-2011 by USLaw.com. All other material, including Blog Directory feed content, are © by their respective copyright holders. |