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April 13, 2011

Madoff judge orders bank employees' names unsealed

"The judge overseeing the liquidation of Bernard Madoff's investment firm on Tuesday rejected requests by banks to keep secret the names of current and former employees mentioned in lawsuits seeking to recover alleged improper profits tied to the imprisoned Ponzi schemer.

The public disclosure of names of workers affiliated with financial institutions including Citigroup Inc (C.N), JPMorgan Chase & Co (JPM.N) and UBS AG (UBSN.VX) was ordered by U.S. Bankruptcy Judge Burton Lifland."

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April 13, 2011 in Current Affairs | Permalink

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