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News 6

Thursday, December 8th, 2011, 9:54 pm

By David S. Hilzenrath, Updated: Thursday, December 8, 4:40 PM Jon S. Corzine, the former U.S. senator and governor who presided over the collapse of the commodities brokerage MF Global, told lawmakers Thursday that he never intended to authorize a transfer of customer funds to … Continue

Thursday, December 8th, 2011, 2:32 am

(Reuters) – Three hedge funds run by New York financier and philanthropist Ezra Merkin won dismissal of civil lawsuits accusing them of being part of swindler Bernard Madoff’s massive fraud. In an order dated Friday and made public on Monday, … Continue

Saturday, April 23rd, 2011, 7:11 pm

March 21, 2011 — Irvin Picard, the Madoff trustee sued Fred Wilpon and Saul Katz, seeking the return of fraudulent conveyances of $1 billion, on December 2, 2010. Picard alleged that Sterling Equities, controlled by Wilpon and Katz should have … Continue