Ceetar wrote: has anyone read Megdal's book btw? I did and it's excellent. He provides the plain-language view of the Sterling Equities financial situation from the perspectives of an economist, attorney and Mets fan. I went into it believing that the standard of "known or should have known" about Madoff's illegal activities would be impossible to meet. People inside the company, such as Saul Katz's son, warned Sterling about Madoff and yet they continued to give him their money. After reading the damning evidence, I now think that either they knew or they are idiots.