Madoff Staff Had To Submit Old Stock Prices, Jury Hears

Law360, New York (October 23, 2013, 7:45 PM EDT) -- A former investment advisory manager at Bernie Madoff’s securities firm often instructed clerical employees to retrieve historical stock prices going as far back as a year without explaining why, a longtime clerical employee from the firm testified Wednesday amid the government’s allegations that Madoff’s top staff created fake trades.

Bernard L. Madoff Investment Securities LLC veteran Annette Bongiorno, who supervised a former clerical employee of the firm, Winifier Jackson, had asked Jackson to use the Bloomberg Terminal to obtain the daily pricings of certain stocks, and...
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