Madoff, Zacky, Suzuki, PT Berlian, Powerwave: Bankruptcy

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The trustee liquidating Bernard L. Madoff Investment Securities LLC until last week was facing long odds at persuading U.S. District Judge Jed Rakoff to stop New York Attorney General Eric Schneiderman from completing a settlement where J. Ezra Merkin and his feeder funds would pay $410 million.

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