Apr 8, 2009 08:42 AM
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New York, 9:19 AM
Tue Mar 16
42 posts in the last 24 hours
When Mort Zuckerman first revealed that he'd lost a bundle to Bernie Madoff via money manager Ezra Merkin, he seemed to brush it off, suggesting he'd only entrusted a small part of his charitable trust to Merkin. A few days ago, he revealed that it wasn't just his charitable foundation that fell victim; he lost $15 million of his own money, too. But the scandal may have cost him a good friend as well. Zuckerman's lawsuit, which you can view below, says Zuckerman had forged "a close relationship" with Merkin up until news of the scheme came to light.
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