Word: cases
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...Lawyers familiar with the case estimate the legal costs of the Madoff case - which could run on for two years or more - could exceed $30 million. Picard's fees, they say, will likely be less than that, though it's impossible to know precisely how much less. So far, Picard has collected $1.2 billion in recovered funds, so even if his fee were half the normal bankruptcy trustee fee he would still pocket $15 million...
...date, SIPC and Picard have committed $116 million to satisfy claims from 237 Madoff victims, each receiving up to the limit of $500,000. Picard has even created a "Hardship Case" program, in an effort to help those that have been completely wiped out by their Madoff investments...
...This is the kind of case any bankruptcy trustee would love to have," said Robert C. Furr, president, National Association of Bankruptcy Trustees. "It's a high profile case, you can make a lot of money, but you have to be able to hold on; it takes a long time, maybe four or five years before [the bankruptcy trustee] gets paid...
...stories—one of the underdog defying the longest of odds. Sports are usually pretty good for that, actually. In the context of running and jumping, catching and throwing, we often derive some greater meaning out of the athletic exploits we engage in (or, as was the case for me, write about...
...guess that’s still sport as life, though. That’s certainly the case for Jeffrey, who never quite understood why a white kid catching passes from a black kid on the “black” side of town was such an extraordinary achievement. For him, it was the simple joy of being able to run, to compete and not to worry about anything else in the process...