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NY Times does an about-face on Irving Picard…

There must be a rush on Snuggies in Hell this week, because the place has surely frozen over. Here’s the proof: A journalist from The New York Times has written something quite critical about Irving Picard, the trustee overseeing the Bernie Madoff bankruptcy case. In a column that appeared in Tuesday’s Dealbook, Andrew Ross Sorkin writes that Picard and his firm, Baker & Hostetler, have made out much better than Madoff’s actual victims. Read New York Daily News report here.

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