Madoff Clean-Up Fees to Hit Over $1.3 Billion
February 17, 2011 at 14:38 PM EST
The army of lawyers and consultants helping to recover funds from Bernard Madoff’s $19.6 billion fraud stands to earn more than $1.3 billion in fees, according to new figures that detail the cost of liquidating the huge Ponzi scheme. The biggest payment is set to go to Baker Hostetler, the law firm where Irving Picard, [...]
