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...Galvin alleges in his complaint that Fairfield had "complete disregard of its fiduciary duties to its investors" and made "flagrant and recurring misrepresentations to its investors to the level of fraud." A Fairfield spokesperson said the complaint was false and misleading...

Author: /time Magazine | Title: How Madoff's Feeder Funds Stole My Retirement | 4/5/2009 | See Source »

...ourselves. Bernard Madoff built his $65 billion Ponzi empire at least half on the backs of his feeder funds, like the one charged this week, Fairfield Greenwich Group, with a civil complaint by William F. Galvin, Massachusetts Secretary of State...

Author: /time Magazine | Title: How Madoff's Feeder Funds Stole My Retirement | 4/5/2009 | See Source »

...Fairfield, Madoff's largest feeder, with some $7 billion invested in his mad world, was run by socialite Walter Noel. But there were dozens of others run by a variety of unregistered funds and characters, including the Ascot Partners fund, run by Ezra Merkin, and on the West Coast, the Brighton Co., run by Stanley Chais, one of three he ran. (See pictures of the demise of Bernie Madoff...

Author: /time Magazine | Title: How Madoff's Feeder Funds Stole My Retirement | 4/5/2009 | See Source »

...really good shot in the playoffs. It would be a great way to end my career.” HARVARD 3, SACRED HEART 2Less than one day after defeating NYU, the Crimson faced its second opponent in league foe Sacred Heart. Despite a lackluster performance, Harvard managed to leave Fairfield, CT., with another 3-2 (30-27, 25-30, 28-30, 32-30, 15-13) win. “We didn’t play nearly as well,” coach Brian Baise said. “We were tired physically and emotionally [from the NYU match...

Author: By Kevin T. Chen, CRIMSON STAFF WRITER | Title: Weekend Sweep Earns Crimson Tie for League Lead | 3/29/2009 | See Source »

...withdrawal was normal procedure. The bank withdrew the $250 million when it "became concerned about the lack of transparency to some questions we posed as part of our review," said Chase spokeswoman Kristin Lemkau in a January 2008 New York Times article. A Chase spokesman did not comment further. Fairfield had no comment...

Author: /time Magazine | Title: Madoff's Banker: Where Was JPMorgan Chase? | 3/25/2009 | See Source »

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