Dec 9 2010 | 1:58am ET
As the temperature drops on the U.S. East Coast, the flurry of litigation from the court-appointed trustee in the Bernard Madoff case is growing into a blizzard.
Irving Picard has added seven more banks to the ranks of the sued, headlined by Citigroup and France's Natixis. Of the more than $1 billion the receiver is seeking, those two banks account for $825 million. All of the suits seek the return of transfers from Bernard L. Madoff Investment Securities to various Madoff feeder funds.
Feb 3 2014 | 9:27am ET
In recognition of his extraordinary dedication to philanthropy, Marathon Asset Management’s Bruce Richards will be presented with the Award for Caring during the 16th Annual New York Open Your Heart to the Children Benefit, which takes place on Thursday, March 6. The gala, the largest gathering that Hedge Funds Care/Help For Children holds worldwide, will bring together 1,000 hedge fund executives to raise funds to help prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…