I smell a STINKING COVER UP!!
They are never going to get to the bottom of this for so many reasons.
Here are a few: Madoff, Mossad and the AmeriKan MSM
Who’s behind Madoff?
Russian-Israeli Mafia: Off-limits to FBI, US intelligence
U.S. Government Knew About Madoff Scheme Since 1960
And hence, the MSM's piss-poor coverage of so many things.
"Fairfield, Conn. files $75m suit against Madoff, family" by Globe Wire Services | April 1, 2009
A Connecticut town is suing disgraced financier Bernard Madoff, his family, and investment companies because its pension board allegedly lost millions in Madoff's Ponzi scheme.
The lawsuit, seeking $75 million, was filed Monday in Bridgeport Superior Court by the Town of Fairfield and its pension board. It names members of Madoff's family, Tremont Group Holdings Inc., and Maxam Capital Management for failing to oversee Madoff's investments, along with the founding partners of Fairfield Greenwich Group, which lost more than $7 billion in the scheme. Tremont Group Holdings is a unit of MassMutual Financial Group of Springfield.
"These are entities that raised money and solicited money and fed money to Madoff to enable his Ponzi scheme to succeed," attorney David Golub said at a news conference yesterday. "We believe that the feeder funds know Bernard Madoff was engaging in criminal activity, supported that criminal activity, and abetted that criminal activity."
The town's joint pension board, which provides benefits for about 1,500 active and retired Fairfield workers, had invested a net of about $15 million with Madoff since 1997. It was led to believe that as of last November, that investment had grown in value to $42 million. Golub said the $75 million claim - one of at least four dozen Madoff-related lawsuits - includes the $42 million, fees paid to the feeder fund managers over the years, and punitive damages.
Madoff's attorney, Ira Sorkin, and Fairfield Greenwich spokesman Tom Mulligan declined to comment. Officials at Tremont and Maxam did not immediately return phone calls. Federal prosecutors have said Madoff informed investors at the end of November that they had nearly $65 billion in their accounts. Investigators say the figure was most likely based on what accounts originally valued at less than $20 billion would be worth if he had delivered the steady profits he promised.
The FBI and regulators are still trying to determine if members of Madoff's inner circle were in on the fraud. Fairfield officials this week also obtained a temporary restraining order that prevents Madoff, his relatives, and executives with Fairfield Greenwich, Maxam, and other firms that allegedly fed Madoff's fund from selling real estate, personal property, and financial accounts. The assets of Madoff's investment company have already been frozen in a deal with federal regulators and a receiver was appointed to manage the firm's financial affairs.
The order marks the first time that a judge has frozen assets owned by the Madoff sons, who worked with their father. Connecticut Superior Court Judge Arthur Hiller on Monday granted a temporary restraining order that freezes assets owned by Mark Madoff and Andrew Madoff. It also freezes the assets of their mother and their uncle, Peter Madoff.
The town had previously sued two other companies - NEPC of Cambridge and KPMG of Montvale, N.J. - for failing to provide due diligence of Fairfield's investments.
Meanwhile in New York yesterday, a lawyer for Peter Madoff tried unsuccessfully to have a second freeze order lifted from his client's assets. The lawyer said his client agreed with US prosecutors to have some of his assets frozen in December and argued that the restraining order imposed by a state judge last week was "unnecessary," "overly broad," and "totally inappropriate."
See: Madoff's Brother
Peter Madoff already had reached a less-restrictive agreement with federal prosecutors, the lawyer, Charles Spada, told the state appeals court in Brooklyn. Thomas A. Dickerson, the appeals court justice who reviewed the request, rejected the appeal.
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Related: Sunday Leftovers: Honest Bernie
"Feds seize Madoff's mansion, yacht, small boat" by Brian Skoloff and By Tamara Lush, Associated Press Writers | April 1, 2009
PALM BEACH, Fla. --Federal authorities seized disgraced financier Bernard Madoff's Palm Beach mansion, his vintage yacht and a smaller boat Wednesday, part of an effort to recoup assets to pay back investors he swindled. Barry Golden, a spokesman for the U.S. Marshals Service, said about five marshals arrived at the 8,753-square-foot, five-bedroom mansion late Wednesday afternoon, hours after the boats were seized.
Authorities spent about three hours securing the mansion, changing the locks and conducting an inventory of the property, which Palm Beach County records show had a taxable value of $9.3 million last year.
Related: Madoff's Wife Gets Tax Break
Golden said marshals filmed and photographed items in the house that might be removed at some point.
"It's not an April Fools' joke," he said.... Earlier in the day, Golden said Madoff's 55-foot yacht named "Bull" and a 24-foot motor boat were taken from marinas on Florida's east coast. The yacht, a 1969 Rybovich, is worth $2.2 million.
"A lot of money was put into maintaining this boat," Golden said. "This boat was extremely well kept, extremely clean. Engine compartment was spotless. It looked like somebody took a bottle of 409 and scrubbed it every day."
Madoff, 70, is in jail in New York awaiting sentencing after he pleaded guilty to swindling billions from investors in what could be the biggest scam in Wall Street history. He faces up to 150 years behind bars. Prosecutors are seizing as much as they can of Madoff's personal fortune, and have begun demanding millions of dollars in payments from his relatives....
If prosecutors get their way, Madoff and his wife, who has not been charged, will have to give up all their assets, including a $7 million Manhattan penthouse bought in 1984, the Florida home, a $1 million home in Cap d' Antibes, France, and a $3 million luxury home on New York's Long Island. The government also wants Madoff and his wife to forfeit $10 million in furnishings for all the homes and luxury cars, among other items.
Defense attorneys have indicated they may try to keep the Manhattan apartment, as well as about $62 million in securities, for his wife.... A small group of aggrieved investors -- fearing they might be shortchanged by the forfeiture process -- took steps Wednesday to try to force Madoff into personal bankruptcy so they can directly pursue his assets.
A court-appointed trustee already has begun liquidating Madoff's business assets. Court papers filed by the Milberg and Seeger Weiss law firms in Manhattan asked a judge to lift an order that currently prevents involuntary bankruptcy for Madoff himself.
Also Wednesday, Massachusetts' top securities regulator accused a major feeder fund for Madoff's investment scheme of misrepresenting its lack of knowledge about Madoff's operations. Secretary of State William Galvin accused Fairfield Greenwich Group of Connecticut of civil fraud charges, saying company officials were coached by Madoff on how to answer questions about his investment practices and misrepresented how much they really knew.
As far back as April 2008, Galvin said, Fairfield Greenwich principals began discussing the risk that Madoff would "blow up," but didn't disclose that risk to investors. He also said that Fairfield Greenwich kept a database of standardized responses to investors' questions, designed to reassure them that the firm had adequate controls to supervise assets at Madoff's company....
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Zionist AmeriKan MSM Getting Defensive Over Madoff
Update:
The PRINTED PAPER VERSION of the GLOBE pulled the old SWITCHEROO, folks!!!
I wish I could say I was surprised!!!
Compare the print of each article with what I've labored over and posted above and see for yourself, readers.
I say it's a mafia media; however, THEY PROVE IT EVERY DAY!!!!!
