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Banks reimburse those who lost out in Madoff scandal
When banks start to reimburse those individuals caught out by the Ponzi scheme what will the reaction be?
Marcus Johnson, Chief Executive of NW Brown, will watch with interest to see how far the ripples, caused by the National Bank of Kuwait $50m client reimbursement, will reach and if this trend-setting will achieve its potenital positive outcome or if a less palatable result will occur.
For more information please visit the story at FT.com*
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Feature Created: 2009-01-30
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