Madoff Lawyer Says Client Will Provide List Of Assets
Lawyer Also Said Madoff is ‘Man of Integrity’ — So You May Want to Take His Statement With a Grain of Salt
Lawyers for Bernard Madoff, who is accused of running a Ponzi scheme on steroids, said their client will provide the SEC with a list of his assets.
The lawyers maintained they couldn’t be certain that the list wouldn’t be inflated by Madoff listing other people’s assets as his own.
The crack staff at the SEC was said to be suspicious of some of Madoff’s asset claims. In particular, the regulatory agency was looking closely at Madoff’s claims that he owned an Emmy for The Closer and an original Footloose poster.
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Title song of 1984 movie refers to accounting standards employed by Madoff…
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