Muck tracker – Ezra Merkin’s hedge fund to close

GMAC Chairman Ezra Merkin announced plans Thursday to liquidate Gabriel Capital LP as a result of losses sustained in its investments with Bernard Madoff, who allegedly ran a $50-billion Ponzi scheme, reports Bloomberg News.

Click here to sign up for the Muckety Newsletter

• Muck tracker – Ezra Merkin and Bernard Madoff – December 13, 2008
• Elite New York synagogue shaken by Madoff scam – December 22, 2008
• J. Ezra Merkin helps wipe out father’s legacy – December 17, 2008
• Madoff’s victims span the globe, from Palm Beach to Paris – December 15, 2008
• Lymphoma foundation escapes Madoff wrecking ball – December 20, 2008
• Muck tracker – Madoff bail – December 17, 2008
• Bernard Madoff cultivated ties to the Washington establishment – December 16, 2008
• Schapiro likely to be questioned about Madoff ties – December 19, 2008
• Trading legend Bernard Madoff charged with ‘massive’ securities fraud – December 11, 2008
• Madoff adjusts to life in a gilded jail – his neighbors not so much – December 19, 2008