That's what Bernard Madoff told Fairfield Greenwich Advisors LLC. The Massachusetts Securities Division begs to differ. It has commenced a suit under the Commonwealth's blue sky law against the Madoff feeder fund for inadequate due diligence. The complaint and all of the exhibits are available on the Securities Division's website. For those not up to reading the whole thing the New York Times offers "highlights."
Wednesday, April 1, 2009
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