Citigroup Inc. (C), sued by the trustee liquidating Bernard Madoff’s firm to recover $430 million pulled from the Ponzi scheme before it collapsed, asked a bankruptcy judge to throw out the lawsuit. Read Bloomberg report here.
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Citigroup Says $430 Million Madoff Lawsuit Isn’t ‘Plausible’Citigroup Inc. (C), sued by the trustee liquidating Bernard Madoff’s firm to recover $430 million pulled from the Ponzi scheme before it collapsed, asked a bankruptcy judge to throw out the lawsuit. Read Bloomberg report here. |
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