hedge fund http://wamc.org en Hedge Fund Manager to Pay $405M to Madoff Victims http://wamc.org/post/hedge-fund-manager-pay-405m-madoff-victims <p>New York&#39;s attorney general says he has secured a civil settlement in which hedge fund manager J. Ezra Merkin will reimburse clients with $405 million lost in Bernard Madoff&#39;s historic investment scam.&nbsp; WAMC&rsquo;s Tristan O&rsquo;Neill reports&hellip;</p><p>Attorney General Eric Schneiderman said Sunday that the clients will be paid over three years and New York state will get $5 million to cover the cost of the settlement.</p> Mon, 25 Jun 2012 11:32:40 +0000 Tristan O'Neill 41739 at http://wamc.org Hedge Fund Manager to Pay $405M to Madoff Victims