Austrian banker Sonja Kohn was a “criminal soul mate” of Bernard Madoff for 23 years, running an international network of banks and funds to help perpetrate the biggest fraud in financial history, a court-appointed trustee charged on Friday. Irving Picard, the lawyer recovering money for the victims of Madoff’s decades-long multibillion-dollar fraud, sued Kohn and the bank she founded, Bank Medici, as well as Unicredit bank, Bank Austria and 53 other defendants for $19.6 billion.

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Congressional vote on “de facto QM Patch” postponed

The House Financial Services Committee postponed a vote on H.R. 2445 on Wednesday, a bill that would fix the so-called QM Patch that’s set to expire in early 2021.

Nov 15, 2019 By