BNP, Trustee Argue Due Diligence In Madoff Clawback Suit
By Rick Archer ( March 9, 2018, 7:25 PM EST) -- BNP Paribas SA and the bankruptcy trustee for Bernie Madoff's investment company argued Friday before a New York bankruptcy judge over whether the French bank was a negligent steward or merely an innocent dupe as they contested an attempt to make BNP and its affiliates pay $156 million for accepting money from Madoff's Ponzi scheme....
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