• Lawyers for Madoff may be planning to mount an insanity defense if the case goes to trial. [NYDN]
• Madoff has until Wednesday to provide a list of all investments, loans, lines of credit, brokerage accounts and other holdings to the SEC. [Bloomberg]
• In the meantime, forensic accountants are looking into whether Madoff sent large sums of money to offshore accounts in places like the Caribbean. [Guardian]
• Not surprisingly, l'affaire Madoff should keep a long list of lawyers very busy for a very long time. [NYP]
• Although Latin Americans are believed to have been big losers in Madoff's scheme, very few have come forward to acknowledge the losses. [WSJ]
• A burglar stole a $10,000 statue from Madoff's Palm Beach estate. [NYP]
• Bernie Madoff's most famous neighbor, Matt Lauer, isn't so thrilled by the reporters camped outside their building on East 64th Street. [P6]
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Roundup
The Monday Morning Madoff Update
Comments
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redrider
said at 7:06PM on Dec 29, 2008
Madoff wasn't insane... but the dumbasses who gave him their money to invest sure are.
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