The fund used one investment manager: Bernard Madoff.
(Stan Honda/ AFP/ Getty Images/ File 2009)
MassMutual ignored red flag
Insurer bought firm partial to Madoff
The fund used one investment manager: Bernard Madoff.
(Stan Honda/ AFP/ Getty Images/ File 2009)
The insurance giant Massachusetts Mutual Life Insurance Co. of Springfield was warned in 2001 by a consultant that a hedge fund business it was about to buy was placing too much of its clients' money with just one investment manager: Bernard L. Madoff. (Full article: 1019 words)
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