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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/re
by Scoundreller 4y ago
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.
- badocr 4y agoJeffry 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.