re: How will BR/LSU/TAF handle the Stanford crisis?

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In addition to freezing Stanford's accounts, analyzing records and interviewing employees, Janvey will likely use so- called clawback litigation to force Stanford investors who cashed out early to return previous withdrawals, according to Goldberg. Such clawbacks are expected to be used in the Madoff case.

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Janvey, here, is Ralph Janvey, Stanford's receiver. Goldberg is Michael Goldberg, a lawyer at Akerman Senterfitt in Miami, who confirms to me that he believes the Stanford recievership will be a tougher job than either Enron or Lehman. Yikes.

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