Most important, Sterling Stamos gave Wilpon and Katz a way to diversify their liquid assets.

NEWYORKER: Madoff��s Curveball

They set up a new firm, Sterling Stamos, which became successful and started taking in other money to manage.

NEWYORKER: Madoff��s Curveball

In 2002, Wilpon and Katz recruited Stamos to become, in essence, an alternative investment adviser for part of their fortunes.

NEWYORKER: Madoff��s Curveball

Through his work for the hospitals, Katz had come to know Peter Stamos, an economist and former chief of staff for Senator Bill Bradley.

NEWYORKER: Madoff��s Curveball

Actors Hugh Jackman, Lucy Lui and Rebecca Romijn-Stamos read the nominations.

CNN: Globes: 'Beautiful,' 'Moulin' golden

By December, 2008, the Sterling partners had about four hundred million dollars in Sterling Stamos accounts and about five hundred and fifty million with Madoff.

NEWYORKER: Madoff��s Curveball

There is something troubling, however, about the way the Picard complaint portrays Stamos as the Cassandra of the Madoff scandal the person whose persistent warnings were ignored by Wilpon and Katz.

NEWYORKER: Madoff��s Curveball