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Madoff Fund Reaches $95M Settlement With Picard

By Cara Salvatore (November 18, 2014, 8:25 PM EST) -- Senator Fund SPC will pay $95 million to close out a tug-of-war with the bankruptcy trustee for Bernard L. Madoff Investment Securities LLC over Senator's withdrawals before BLMIS' bankruptcy, trustee Irving H. Picard announced Tuesday....

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