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Madoff asks for 12 years for Ponzi conviction

Denver Post – Bernard Madoff asked a federal judge this week to sentence him to as little as 12 years in prison after he pleaded guilty earlier this year to operating a massive, decades- long Ponzi...

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BBC shares huge pension deficit problem with many other UK employers

Times Online – Investment returns have been diabolical. Share values collapsed last year by 30 per cent. Commercial property — office blocks and shops — slumped in value. Hedge funds, in which the BBC...

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