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0 pointsScoundreller3y ago0 comments

A lot of his clients were “feeder funds”, and the trustee settled with a lot of them that they should have known better.

That’s where a lot of the clawbacks/recalls were from.

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badocr3y ago

Jeffry Picower estate settled for a US$7.2 billion sum circa 2010 according to Wikipedia. This Picower character seems to have had a shady fortune history, he also was found dead at his swimming pool around 2009.

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