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December 21, 2008


Greg Morrow

Which firms are exposed to Madoff?

Jim Peterson

Greg -- Thanks - good question. The FT flagged PwC (auditor of Fairfield Greenwich), KPMG and E&Y. The effective source for future tracking will be Kevin LaCroix at the D&O Diary -- http://www.dandodiary.com -- which yesterday identified a class action against the Tremont Group and others including E&Y, and a state court action against Fairfield that did not (yet) include PwC. And so it begins.

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