Are you saying that Zarb, Levitt, and Holder all had prior knowledge that Madoff violated laws?
I’m raising a serious question as to who if anyone is pushing for this deal. It smells already. The investigative reporter of the piece quoted lays out the facts as he finds them, not me - though I have heard something like this from friends on Wall Street.
Madoff (Cohmad) was not vetted at the Amex where Levitt was running things, first of all. There should have been red flags decking the place! Then, look at the sponsorship Bernie had to his top position at NASDAQ. Levitt, Sharpiro (Shapiro - now head of SEC, for God sakes!)and Zarb fronted for and apparently offered cover for Bernie’s key deals.
Now apparently, Atty Gen. Holder looms in the background as his Feds angle for a “deal”.
Makes me wonder. Not you?