"Broker tied to ex-Hub mob leader; Jaffe did business with Angiulo in '70s" by Casey Ross and Jenn Abelson, Globe Staff | December 23, 2008
Before Bernard L. Madoff, Robert M. Jaffe did business with another notorious rogue: former Boston mob leader Gennaro Angiulo. Jaffe, under investigation for his ties to the Wall Street investor who authorities say confessed to running a Ponzi scheme, was the stockbroker to Angiulo and his brothers, reputed members of the Boston Mafia, before they were sent to jail on racketeering charges in 1986....
You can't find anything more current, Globe?
Jaffe... was ever implicated, and the Securities and Exchange Commission inquiry appears to have ended quietly.... A spokesman for Jaffe, Elliot Sloane, confirmed he was the broker for the Angiulo family, but said: "This is ancient history and has no bearing on the current Madoff tragedy. . . . "
Then WHY is the paper devoting SO MUCH PRINT TO IT?
--more--"And look at which PONZI SCHEME they ARE INVESTIGATING!
"Bank ignored swindler's red flags, lawyer argues; Sovereign denies it erred in Bleidt case" by Robert Weisman, Globe Staff | December 23, 2008
Sovereign Bank should have heeded "red flags" suggesting confessed swindler Bradford C. Bleidt was using business accounts at a branch in Boston's North End to run a multimillion-dollar Ponzi scheme, a Boston lawyer argued on behalf of Bleidt's former clients yesterday....
--more--"But I DO get a BRIEF!
"MassMutual, Fairfield in Madoff suits" by Reuters | December 23, 2008
NEW YORK - Investors have sued Fairfield Greenwich Group hedge fund and Massachusetts Mutual Life Insurance Co., the latest firms to face lawsuits for entrusting money to investment manager Bernard L. Madoff, accused of orchestrating a $50 billion fraud.
Fairfield, which had $7.5 billion invested with Madoff, was sued in New York State Supreme Court on Friday by two investors who claimed the group and its executives "failed to manage properly their investments and to carry out necessary due diligence that would have uncovered the massive Ponzi scheme."
Madoff, 70, was arrested and charged on Dec. 11 with securities fraud. Prosecutors say he confessed to running up $50 billion in losses through his Bernard L. Madoff Investment Securities firm in what would be one of Wall Street's biggest frauds....
--more--"Related: Zionist AmeriKan MSM Getting Defensive Over Madoff
SEC Nominee Has Madoff Connection
