Securities Investor Protection Corporation: Interim Report on the Madoff Liquidation Proceeding Page: 4 of 78
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Table 2: SIPA Liquidations Involving Ponzi Scheme Cases, from
1995 through 2012 19
Table 3: Number of Accounts and Value of Claims under NIM and
FSM 27
Table 4: Approved Trustee-Related Legal Cost Requests, from
December 2008 through May 2011 33
Table 5: Total Hourly Billings for the Trustee and Trustee's
Counsel, by Staff Category, from December 2008 through
May 2011 34
Table 6: Consultant Costs, May 2009 through September 2011 39
Table 7: SIPC Fund Assessments and Balances, from 1990 to 2010 57
Figures
Figure 1: SIPC Fund Balance, from 2000 through 2010 5
Figure 2: Key Events in the Madoff Liquidation, December 2008 to
January 2012 9
Figure 3: Total Costs of the Madoff Liquidation, by Type, as of
October 31, 2011 32
Figure 4: Trustee's Counsel Costs, by Category, from December
2008 through May 2011 35
Figure 5: Partner Hours as a Percentage of Total Attorney Hours,
from December 2008 through May 2011 36
Figure 6: Distribution of Partner Work, by Hourly Billing Rate
Quintiles, from February 2011 through May 2011 38
Figure 7: Total Costs as Percentage of Customer Recoveries for
Madoff and Completed SIPC Cases, for Selected Years
from 1979 to 2010, Ranked by Cost Percentage 41GAO-12-414 SIPC
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United States. Government Accountability Office. Securities Investor Protection Corporation: Interim Report on the Madoff Liquidation Proceeding, report, March 7, 2012; Washington D.C.. (https://digital.library.unt.edu/ark:/67531/metadc300522/m1/4/: accessed April 23, 2024), University of North Texas Libraries, UNT Digital Library, https://digital.library.unt.edu; crediting UNT Libraries Government Documents Department.