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...review of the massive 162-page document shows Madoff's direct victims but does not list the many other thousands of entities, from banks to charities, that were burned in Madoff pension, feeder and subfeeder funds. In testimony yesterday before the House Financial Services Committee, Harry Markopolos, an early whistle-blower on Madoff's $50 billion Ponzi scam, said there were at least 14 known major feeder funds. (See pictures of the demise of Bernie Madoff...
...unclear why such duplication exists, but it could be that these victims made efforts to list their clients (who did not have direct accounts with Madoff) or that they had multiple accounts. But many pension funds, like Orthopaedic Specialty Group PC, which had 140 investors, appeared as just one Madoff client. Orthopaedic Specialty Group is the Fairfield, Conn., pension fund mentioned by Dr. Henry Backe in the Senate Banking Committee hearings last week. Backe was seeking from the committee clarification on allowing his employees to file individually...
Reports from overseas claim as many as 3 million direct and indirect Madoff victims worldwide, according to Spanish law firm Cremades & Calvo-Sotelo, which has filed a U.S. lawsuit in the name of some victims. The firm's estimate is based on information collected from 30 law firms around the world representing close to 3,000 people or institutions in 25 nations that have so far taken legal action over the scheme...
Even though Phoenix was assembled in a special clean room to minimize bacterial contamination, and its arm, which would have direct contact with Martian ice, was heat-sterilized before launch, it's likely that dozens or more species of microbes hitched a ride on Phoenix's 10-month trip to Mars. Once on Mars, it's possible that bacteria shielded by the structure of the spacecraft from the harsh Martian UV radiation could stay alive, in dormancy, for hundreds of thousands of years. And if native microbes do exist on Mars - nothing has been found yet, but scientists hold...
...work – “There are maybe ten or twelve things I could teach you / After that, well, you’re on your own.” Closer “All of My Days and All of My Days Off” is beautifully direct and manages to remain effective despite the enormous amount of times Newman sings the song’s title. These highlights are best enjoyed on their own, though, as they tend to merge together with the weaker songs when not culled from the lot. “Get Guilty?...