Inside Long Island business
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Investors fight Madoff payouts in Congress
Some victims of Bernard Madoff’s investment scam have been critical of how trustee Irving Picard has tried to recover and dole out money, and now comes a potential roadblock to his actions – a congressional bill.
Rep. Scott Garrett (R-N.J.) on Thursday introduced the Equitable Treatment of Investors Act, aimed at protecting “ordinary investors” from clawback suits by...
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