Peter Madoff: Deaf, Dumb Or Stupid
Totally forgot about Madoff, what with the AIG hearings, Ben B.'s confirmation and Davos face-offs. But there were news from the Madoff household yesterday, with Peter, Bernie's brother and the firm's former compliance officer, being the subject of a criminal investigation related to the foundation of Senator Frank Lautenberg.
We're shocked to learn that Peter's attorney filed a letter to the judge saying that the lawsuit is baseless. But the plaintiffs' attorney won't have it: "The defendant was either knowingly indifferent to the Ponzi scheme, or actually aware of it."
Easy, clear, to the point. Why didn't anyone talk to Geithner that way yesterday?
