Picower, Madoff Case Figure, Is Dead at 67 – Wall Street Journal
….Marcia Horowitz, a spokeswoman for the Picower family, said Mr. Picower “had been in poor health.” In addition to suffering from Parkinson’s disease, he also had “a number of heart-related medical issues” for which he met regularly with cardiologists, she said. He is survived by his wife, Barbara, and his daughter, Gabrielle….
Lawyer: Death complicates Madoff investment case – AP
….Jerry Reisman, an attorney representing about 26 victims, said Picower’s death does make it more difficult for the trustee to recoup some of the money.
“We won’t be able to hear from his own words whether he was complicit,” Reisman said…..
Tags: Bernie Madoff, Legal, Ponzi Schemers, Scandal
