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The term clawback or claw back refers to any money or benefits that have been given out, but are required to be returned (clawed back) due to special circumstances or events, such as the monies having been received as the result of a financial crime, or where there is a clawback provision in the executive compensation contract.
Ruth Madoff's combined assets with her husband had a net worth of between $823 million and $826 million.She had $92.6 million in assets listed in her own name: [9] the $7 million penthouse on Manhattan's Upper East Side; an $11 million mansion in Palm Beach, Florida; a three-bedroom apartment in Cap d'Antibes on the French Riviera valued at $1.5 million; $45 million in municipal bonds and $17 ...
Investors in Bernard L. Madoff Investment Securities LLC lost billions of dollars in the Madoff investment scandal, a Ponzi scheme fraud conducted by Bernard Madoff.The amount missing from client accounts, over two thirds of which were fabricated gains, was almost $65 billion. [1]
The payment of $1 billion to the Madoff trustee, provided by Massachusetts Mutual Life as a loan to Tremont, may have protected the reputation and financial interest of Massachusetts Mutual Life, as well as, saved Tremont's customers with net gains from Madoff from clawbacks. Some investors of Tremont had a net gains and could have been subject ...
A people search site or people finder site is a specialized search engine that searches information from public records, data brokers and other sources to compile reports about individual people, usually for a fee. [1] [2] Early examples of people search sites included Classmates.com [3] and Whitepages.com. [4]
Wikipedia is an encyclopedia, not a tabloid: it is not Wikipedia's job to be sensationalist, or to be the primary vehicle for the spread of titillating claims about people's lives; the possibility of harm to living subjects must always be considered when exercising editorial judgment. This policy applies to any living person mentioned in a BLP ...
John Gerard Stumpf (born September 15, 1953) [2] is an American business executive and retail banker. He was the chairman and chief executive officer of Wells Fargo, one of the Big Four banks of the United States.
His appointments include postings to Hong Kong, the United Arab Emirates and Qatar. From 1992-1994, Flockhart served as CEO of Thailand branch of The Hongkong and Shanghai Banking Corporation.