Madoff victims' trustee files 40 lawsuits in New York
Trustee Irving H. Picard announced 40 lawsuits targeting relatives of Bernard Madoff and his wife and former Madoff Investment Securities employees in a bid to recover about $69 million. Sondra M. Weiner, Madoff's sister, is named among those accused of profiting from the scheme.
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Oakland plans first municipal ID that doubles as debit card
Oakland City Council awarded a contract to issue a new municipal identification card that would function as a full debit card. The program aims to help residents including undocumented immigrants access ID and banking services, reducing check cashing fees and cash handling. San Francisco and Washington DC already issue municipal IDs, but without debit capabilities.
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