Ex-Madoff Employee Needs Co-Signers To Make Bail

Law360, New York (December 6, 2010, 7:34 PM EST) -- A federal judge has given a longtime employee of admitted Ponzi schemer Bernard L. Madoff extra time to find co-signers for her $5 million bail package after prosecutors said the current co-signers could not support the bond.

At a bail hearing Monday in the U.S. District Court for the Southern District of New York, Judge Laura Taylor Swain gave lawyers for Annette Bongiorno one week to offer the government five to 10 more co-signers for review to determine if they could collectively cover $3 million of...
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