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...could potentially be an extremely pivotal person in this play," says David Bernfeld of Bernfeld, DeMatteo & Bernfeld LLC, who represents about a dozen Madoff victims...

Author: /time Magazine | Title: Madoff Exec Pleads Guilty, Says Insiders Knew of Fraud | 8/11/2009 | See Source »

Bernfeld notes that DiPascali appeared in response to a criminal-information hearing rather than to a grand-jury indictment. This usually means the person has taken a plea and is cooperating with prosecutors to get leniency in sentencing, he says. "Is he going to take down the remaining house of cards? I can't say that, but I would think he could be a significant player in the mosaic," says Bernfeld...

Author: /time Magazine | Title: Madoff Exec Pleads Guilty, Says Insiders Knew of Fraud | 8/11/2009 | See Source »

...finger of blame at anyone else. Madoff's brother and sons, who worked under the same roof, as well as his wife Ruth, have come under intense scrutiny during the probe but have not been charged with any wrongdoing. Madoff's outside accountant, David Friehling, is the only other person to be formally charged in the seven-month investigation until now. He pleaded not guilty to fraud charges...

Author: /time Magazine | Title: Madoff Exec Pleads Guilty, Says Insiders Knew of Fraud | 8/11/2009 | See Source »

...person caught in the middle is Teri Lupo, who bought her first house - an $80,000 starter home - when she was 20 years old. Over the years, she and her husband Scott have owned a couple of other houses as well. They don't anymore...

Author: /time Magazine | Title: How the Housing Market Is Fighting Its Way Back | 8/10/2009 | See Source »

...last stop is Best Buy. Gault shows a salesman a printout: a webcam listed at $135 in the store is going for $110 on the Internet. The salesman flatly refuses to match the lower price, citing store policy. Gault politely asks for a manager. As seasoned hagglers know, this person has the power to be your best friend...

Author: /time Magazine | Title: In the Recession, Shoppers Are Becoming Hagglers | 8/10/2009 | See Source »

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