• 16 Dec 2008 at 3:03 PM

Tuesday Is Fraud Day

Dreier, LLC will be seeking bankruptcy protection and so, likely, will its founder Marc Dreier, this according to a receiver appointed to run the firm.
I suppose in many ways Derier timed this wonderfully. Taking advantage of the Made-off scam (accidentally, of course) has permitted him to avoid almost any attention from the gentle mercies of the press during this whole affair. What’s $380 million to $50 billion, after all? And who is surprised when a lawyer turns up crooked- compared, that is, to the likes of the eminently likable Bernie?
Prominent NY law firm to seek bankruptcy [Associated Press]

Comments (6)

  1. Posted by guest | December 16, 2008 at 3:11 PM

    Fist

  2. Posted by deltahedged | December 16, 2008 at 3:15 PM

    seems pretty typical, actually. more fraud to come as hedge funds face increasing redemptions.
    -Deltahedged
    http://www.deltahedged.com

  3. Posted by guest | December 16, 2008 at 3:42 PM

    Our firm Drier & Madoff has been appointed to be the third party receiver if you have any questions please refer to our cayman island account, opps i mean our office in the cayman islands.
    Kind regards,
    Bernie Madoff
    Mark Drier

  4. Posted by guest | December 16, 2008 at 3:47 PM

    Our firm Drier & Madoff has been appointed to be the third party receiver if you have any questions please refer to our cayman island account, opps i mean our office in the cayman islands.
    Kind regards,
    Bernie Madoff
    Mark Drier

  5. Posted by guest | December 16, 2008 at 3:47 PM

    Our firm Drier & Madoff has been appointed to be the third party receiver if you have any questions please refer to our cayman island account, opps i mean our office in the cayman islands.
    Kind regards,
    Bernie Madoff
    Mark Drier

  6. Posted by guest | December 16, 2008 at 4:53 PM

    Hey! Enough with the typos already. World financial meltdown is no excuse for sloppy editing. Now, pay attention: “Dreier LLP,” not LLC, and “Dreier,” not Derier, though Derriere would have worked for me.

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