The lawyer behind $10B haul on behalf of Madoff victims

Sheehan, chief counsel to Picard featuring in the Madoff query, says hes almost not at all mentioned individual matters featuring in their 30 years working composed, and so as to hes an old-fashioned chap. An old joke along with domestic members is hes so straight-laced he be supposed to live on Buttoned Down street. Picard apparently finds this funny.His reputation being industrious eventually trapped the attention of the Securities Investor Protection Corp., a quasi-public convene to facilitate oversees a support to compensate customers of unsuccessful brokerage firms like the single run by Madoff. SIPC ended up hiring Picard to expedition intended for money stylish 10 of their personal belongings, supplementary than several other lawyer.

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