Unlike Fairfield Greenwich, Merrill had other sources of income

Merrill Lynch saw Madoff’s fraud, passed on investing.

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2 responses to “Unlike Fairfield Greenwich, Merrill had other sources of income

  1. fab five noel daughters have two Rio cousins

    The story and intrigue of the Noel connection to the Madoff scandal justs gets better with age..

    Just when you thought there could be no more end to the Noel story, up pop Monica’s side of the family business in Rio. The seller of Fairfield Sentry fund in Rio Brazil was Bianca Haegler (she’s the one holding the bag and pictured at left in this 2008 fashion show picture with her sister Bettina in the tiger strip dress at the right).

    http://franklintoscano.blogspot.com/2008/04/andresses-rio-lanado-no-fashion-mall.html

    Bianca came to the FGG business meeting on Friday December 12. By Monday, Dec 15 Bianca’s entire profile was removed from the FGG site. It said she was a representative in Rio. She sold Madoff products with her father Alex Haegler (Monica’s brother) at Haegler SA. They “lost” about 2 billion dollars as a result of Madoff.

    Bianca was listed as a 1997 graduate of Bentley College in Waltham MA with a degree in finance.
    She married a cardiologist named Carlos Scherr.

    http://translate.google.com/translate?hl=en&sl=pt&u=http://jbonline.terra.com.br/jb/papel/colunas/peltier/2002/12/24/jorcolpel20021224001.html&sa=X&oi=translate&resnum=2&ct=result&prev=/search%3Fq%3Dcarlos%2Bscherr%2Bbianca%2Bhaegler%26hl%3Den%26client%3Dfirefox-a%26channel%3Ds%26rls%3Dorg.mozilla:en-US:official%26hs%3DBjV%26sa%3DG

    This picture must of been taken a few years back. Her husband is an equally good self-promoter as are the Haeglers and Noel’s.

    http://translate.google.com/translate?hl=en&sl=pt&u=http://www.scherr.med.br/&sa=X&oi=translate&resnum=1&ct=result&prev=/search%3Fq%3Dcarlos%2Bscherr%26hl%3Den%26client%3Dfirefox-a%26channel%3Ds%26rls%3Dorg.mozilla:en-US:official%26hs%3DEmV%26sa%3DG

    The “Haegler sisters” were sketched by an artist apparently long ago with her mother Sandra (Monica’s sister-in-law).

    The fab five Noel daughters got the same treatment from the society artist. Monica could not resist being among the noble set way back when…

    Sandra and Walter were pictured together partying on Mustique with billionaire Wilbur Ross and Hilary Geary.

    http://www.questmag.com/questmag/200705/?pg=172

    This posting will probably really piss off the Noel’s locally and sure to get the Brazilians tuning in as this story unfolds. Thanks for putting the spotlight of some shady dealings locally. People who live in glass houses …