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Massachusetts not backing down on Madoff feeder fund

Posted Aug 16th 2009 3:10PM by Tom Johansmeyer (RSS feed)
Filed under: Scandals

Fairfield Greenwich Group is trying to play ball, but Massachusetts Secretary of State William Galvin isn't listening.

Instead, he's sending out notices to find all the investors who lost money with Fairfield as a result of its investments in Bernie Madoff's Ponzi scheme. The state does not intend to settle, though negotiations between the state and Fairfield are ongoing.

Continue reading Massachusetts not backing down on Madoff feeder fund

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