Tag Archives: spokesman


Bard College lost $3 million in Madoff scheme

Daily Freeman – Bard College said on Thursday that it lost about $3 million in investments tied to disgraced Wall Street financier Bernard Madoff. Bard spokesman Mark Primoff said the losses came in the Northern Dutchess school’s $270 million endowment […]

Israel Girlfriend Pleads Not Guilty to Aiding Escape

Bloomberg – Debra Ryan, the girlfriend of Samuel Israel, the convicted founder of hedge-fund firm Bayou Group LLC charged with bail jumping, pleaded not guilty to helping him escape. Israel, 49, is accused of faking his suicide and fleeing the day […]

Paulson’s Pellegrini Said to Resign to Start Own Hedge Fund

Bloomberg – Paolo Pellegrini, the hedge-fund manager who helped Paulson & Co. make more than $3 billion in 2007 on bets the U.S. housing bubble would burst, resigned to start his own fund, a person familiar with the matter said. […]

Credit Suisse clients may have lost 627 mln pounds ($195.18 mln) on Madoff

Reuters UK – Credit Suisse clients may have lost up to 1 billion Swiss francs (627.3 million pounds) ($195.18 mln) on investments connected to accused swindler Bernard Madoff, newspaper Sonntag reported on Sunday. Without giving details of its sources, Sonntag […]

Tontine Capital to Start New Hedge Fund After Losses

Bloomberg – Jeffrey Gendell, whose investment firm Tontine Associates LLC is liquidating two hedge funds after losses of more than 60 percent this year, plans to start a new fund in February. The Tontine Total Return Fund will invest in […]

Fund manager found dead after Madoff losses

Times Online – A French investment manager who entrusted $2.1 billion (£1.42 billion) with Bernard Madoff was found dead in New York yesterday. Thierry de la Villehuchet is thought to have committed suicide. He was found early yesterday morning in […]