{"id":11082,"date":"2009-07-22T00:00:00","date_gmt":"2009-07-22T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"madoff-trustee-in-settlement-talks-with-bermuda-fund-manager","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2009\/madoff-trustee-in-settlement-talks-with-bermuda-fund-manager.html","title":{"rendered":"Madoff trustee in settlement talks with Bermuda fund manager"},"content":{"rendered":"<p>Caribbean Net News &#8211; The trustee liquidating Bernard Madoff&#8217;s business told a judge he is in settlement talks with three Fairfield Greenwich Group hedge funds accused of taking $3.54 billion in fake profit from the conman&#8217;s fraud. <\/p>\n<p>Trustee Irving Picard said he&#8217;s in similar talks with two funds run by Bermuda-based Kingate Management Ltd., accused of withdrawing $255 million in fake profit from Madoff&#8217;s investment advisory business before his Dec. 11 arrest.<\/p>\n<p> <a href=\"http:\/\/www.caribbeannetnews.com\/news-17805--28-28--.html\" target=\"_blank\" title=\"Read Complete Article\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Caribbean Net News &#8211; The trustee liquidating Bernard Madoff&#8217;s business told a judge he is in settlement talks with three Fairfield Greenwich Group hedge funds accused of taking $3.54 billion in fake profit from the conman&#8217;s fraud. Trustee Irving Picard [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[4251,11070,4331,7588,14444,4402,14442,797,11708,1115,11378,11183,14443,4819],"class_list":["post-11082","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-advisory-business","tag-bermuda","tag-bernard-madoff","tag-caribbean","tag-conman","tag-fairfield-greenwich-group","tag-fake-profit","tag-fraud","tag-hedge-funds","tag-management-ltd","tag-picard","tag-rsquo","tag-settlement-talks","tag-trustee"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11082","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=11082"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11082\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=11082"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=11082"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=11082"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}