Madoff attorney goes after banks to recover swindled money; son found hanged in New York apartment

GIBRALTAR (GibChronicle) The court-appointed trustee seeking to recoup money for victims of  convicted swindler Bernard Madoff has filed complaints against seven global financial institutions in hopes of recovering more than $1 billion. The blunderbuss claim comes just days before an action would have been time barred and has included a limited claim against a local law firm which is categorically rejected. Irving Picard, the trustee for the liquidation of Bernard L. Madoff Investment Securities LLC (BLMIS), filed complaints against Citigroup’s Citibank, Natixis SA , Fortis , ABN AMRO Bank N.V., Banco Bilbao Vizcaya Argentaria, Nomura and Merrill Lynch, now owned by Bank of America Corp. None of the banks were available for immediate comment. Madoff's eldest son, Mark (photo), 46, was found hanged in his New York apartment four days ago, the second anniversary of his father's arrest.(Read the full story in The Gibraltar Chronicle, including statements by Gibraltar law firm Hassans)