In this March 10, 2009, file photo, Bernard Madoff exits Manhattan federal court in New York. Federal regulators reached a settlement with Madoff on June 16, 2009, that prohibits him from working in the securities industry.
In this March 10, 2009, file photo, Bernard Madoff exits Manhattan federal court in New York. Federal regulators reached a settlement with Madoff on June 16, 2009, that prohibits him from working in the securities industry. Louis Lanzano AP
In this March 10, 2009, file photo, Bernard Madoff exits Manhattan federal court in New York. Federal regulators reached a settlement with Madoff on June 16, 2009, that prohibits him from working in the securities industry. Louis Lanzano AP

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Panama Papers reveal yet another secretive aspect of hedge funds

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