Send a Tweet
Most Popular Choices
Share on Facebook 11 Share on Twitter Printer Friendly Page More Sharing
Exclusive to OpEdNews:
OpEdNews Op Eds    H2'ed 5/17/09

Who Decides What Madoff Victims Get? Picard or the Law?

By       (Page 2 of 2 pages) Become a premium member to see this article and all articles as one long page.   1 comment
Become a Premium Member Would you like to know how many people have read this article? Or how reputable the author is? Simply sign up for a Advocate premium membership and you'll automatically see this data on every article. Plus a lot more, too.
Author 34032
Follow Me on Twitter     Message Ronnie Sue Ambrosino
Become a Fan
  (1 fan)

I call upon the SEC to immediately demand that SIPC and Picard abide by the law and “promptly” pay all Madoff investors the full $500,000 of SIPC insurance to which they are entitled, based upon their last statement from Madoff.  If the SEC fails to fulfill President Obama’s promise of a new era of government responsibility, then the Madoff victims will be victims yet again of the SEC’s incompetence and there will be serious reason to question the purpose of the SEC’s continued existence.

This article was written by Ms. Chaitman and is being submitted by members of BernardMadoffVictims.org, with her permission. Ms. Chaitman is a partner of Phillips Nizer, LLP in New York City.

Next Page  1  |  2

(Note: You can view every article as one long page if you sign up as an Advocate Member, or higher).

 

Must Read 2   Supported 2   Well Said 1  
Rate It | View Ratings

Ronnie Sue Ambrosino Social Media Pages: Facebook page url on login Profile not filled in       Twitter page url on login Profile not filled in       Linkedin page url on login Profile not filled in       Instagram page url on login Profile not filled in

I am a retired computer analyst and former Yoga instructor originally from New York. My life changed abruptly on December 11, 2008 when Bernard Madoff, my only source of income, confessed to running largest Ponzi scheme in history. I've been (more...)
 
Go To Commenting
The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.
Follow Me on Twitter     Writers Guidelines
Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
Support OpEdNews

OpEdNews depends upon can't survive without your help.

If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.

STAY IN THE KNOW
If you've enjoyed this, sign up for our daily or weekly newsletter to get lots of great progressive content.
Daily Weekly     OpEdNews Newsletter
Name
Email
   (Opens new browser window)
 

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

Who Decides What Madoff Victims Get? Picard or the Law?

Bernard Madoff Victims Get Support from US Congress

Fraud Magazine Honors Irving Picard

Will Madoff Trustee Irving Picard Pursue the SEC for Complicity in the Fraud?

Net Equity for Madoff Victims-Supported by Numerous Attorneys

BernardMadoffVictims Coalition Seeks Congressional Intervention To Ensure SEC Follows the Law

To View Comments or Join the Conversation: