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precious moments

Fairfield Greenwich Employee Tried to Cover Ass, Failed Spectacularly

Today's complaint against the Fairfield Greenwich Group contains an e-mail from Manuel Gomez, an employee at Sigma, one of the Fairfield funds heavily invested in Madoff, sent December 13, two days after Bernie turned himself in: "You mentioned that Fairfield used to get some copies of some trades done by Madoff. In order to cover my ass, can I get some copies of those trades? I need to show people who invested in Sigma that I was doing due diligence in what is the largest scam in financial history." Oops. Too late for that. [Massachusetts SEC]