Madoff Tells NYT Banks 'Had to Know' of Fraud Scheme
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Madoff Tells NYT Banks 'Had to Know' of Fraud Scheme

Feb. 15 (Bloomberg) -- Bernard Madoff asserted in a prison interview that banks and hedge funds he did not identify were somehow "complicit" in the fraud scheme that sent him to jail for 150 years, the New York Times reported. In a two-hour interview from the Butner, North Carolina, prison visitor room conducted by the newspaper, Madoff said, "they had to know." Bloomberg's Deirdre Bolton and Matt Miller report. (Source: Bloomberg) (Bloomberg)

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