Irving Picard at Center of Post-Madoff Storm

Bernie Madoff bankruptcy trustee, Irving H. Picard, may be the hardest working man in the collections business — and maybe one day the richest. Picard, the New York-based lawyer who could have easily doubled for actor Frederic March in film Inherit the Wind, is at the turbulent center of the post-Madoff world, a world that includes multi-billion dollar feeder fund lawsuits, multi-million dollar deals with international banks, and, less grand, the issuing of multi-hundred thousand dollar checks to the nearly 7,000 direct account holders caught up in Madoff’s massive Ponzi scheme.