2.12.2009

Pressure mounts on Madoff middlemen

By Svea Herbst-Bayliss - Analysis

BOSTON (Reuters) - After rebuffing subpoenas for weeks, a close associate and key middleman for Bernard Madoff essentially had one thing to say when he finally showed up to testify before Massachusetts regulators: I'm not talking.

Robert Jaffe, who had delivered clients to Madoff, invoked the "Fifth Amendment," a constitutional right of witnesses who do not want to incriminate themselves, when he testified last week, court documents released on Wednesday show.

Read more @ Reuters


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