Bernie Madoff has given a three day deposition, as part of civil suits in the ongoing liquidation… Bloomberg reports in Bernie Madoff: ‘I Always Wanted to Please Everybody’ the big reveal, which is that his core investors (Picower, Shapiro, Chais and Levy) knew from the start that he was a fraud… Although Bernie is not exactly a reliable witness, even under oath, the reality is that all of these men (or their estates) disgorged major money… So his testimony has the ring of truth…
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