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FORUM « Accounting for liabilities, cont'd | "Public employees and the recession" » December 17, 2008Madoff fraud: "Deep pockets, look out" As AmLaw Daily confirms, the bulk of litigation will be directed not against Madoff himself or any others inside the scheme, from whom collection prospects are apt to be unpromising, but against solvent third-party managers, auditors and others who allegedly should have done more to uncover his fraud. Posted by Walter Olson at 9:56 AM | TrackBack (0) |
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Published by the Manhattan Institute
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