SEC Objects Forcing Madoff into Personal Bankruptcy
April 08, 2009 at 17:31 PM EDT
Several former clients of disgraced financier Bernie Madoff want him forced into bankruptcy, a move they claim would improve their chances of recovering some of their lost assets. However, authorities seem firmly opposed to the idea. In a court document filed Wednesday the Securities and Exchange Commission [SEC] asked a U.S. District Judge in Manhattan to [...]