Not much detail, but clear enough. Mr. Merkin, Mr. Madoff's big feeder funnel, will have his day in court.
Merkin move
A Manhattan judge told Ezra Merkin's law yers that he would likely reject a motion to dismiss New York Attorney General Andrew Cuomo's lawsuit accusing the financier of fraudulently raising funds for Bernard Madoff's fraud.
Bloomberg reports on the fate of Merkin's art: -- Financier J. Ezra Merkin’s $310 million collection of Mark Rothko paintings, sold earlier this year to a mystery buyer, will be exhibited at Moscow’s new Garage Center for Contemporary Culture next spring.
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