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February 23, 2011 02:01 PM
The SEC, Tangled Up in Madoff
How about that Irving Picard? The lawyer trying to recover cash for Bernie Madoff's victims had the nerve to sue Jamie Dimon's JPMorgan Chase for $6.4 billion, saying the bank was at the "very center" of Madoff's fraud and knew—or should have known—what was going on (it's worth revisiting a New York Times/Il Sole 24 Ore report from early 2009...
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