The Daily Beast reports today that Bernie Madoff's relatives and close associates must have known he was a fraud, since "in the 90 days leading to the collapse of Bernard L. Madoff Investment Securities, $735 million was withdrawn from accounts controlled by Madoff’s relatives, employees, and their relatives, and by people who fed billions of dollars of investors’ money to Madoff."
Clearly, there are some in Greenwich who believe Bernie couldn't have pulled his massive Ponzi off by himself. Guest of a Guest reports that the Round Hill Club of Greenwich has revoked Walter Noel's membership. You remember Noel? He ran the Fairfield Group, a fund of funds that fed $7.5 billion to Madoff.