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Fairfield Greenwich Group news from FierceFinance

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Trustee seeks money from Madoff feeder funds

The Fairfield Greenwich Group was among the feeder funds that suckled at the bosom of Bernard Madoff and grew fabulously wealthy. Then it all fell apart. As the investigation continues, trustees are... Read more...

JPMorgan's Bernie Madoff scandal problem

In 2006, JPMorgan designed some complex derivatives to allow clients to enhance their bets on funds run by the Fairfield Greenwich Group, which basically existed to invest with Bernard Madoff. The... Read more...

Questions about big middleman arise in Madoff case

Fairfield Greenwich Group, founded by Greenwich society newbie Walter Noel, has portrayed itself as a victim of the Bernie Madoff alleged fraud, which may be the biggest Ponzi scheme ever. But the... Read more...

Society family embroiled in Madoff scandal

For some people, Walter Noel had "made it" when he and his "five stunning daughters" were featured in Vanity Fair under the headline "Golden in Greenwich." His fortune and social standing were built... Read more...

Auditors in spotlight over Madoff scandal

Fairfield Greenwich was one of several firms, serving as middlemen, that placed investor money with Bernie Madoff for a fee. They're starting to point the finger at their auditors. Fairfield... Read more...

Assessing the Bernie Madoff scheme

The scope of the Bernie Madoff alleged fraud is coming into focus, and it's getting even uglier. A $50 billion Ponzi scheme? It boggles the mind, especially when you think that the participants and... Read more...