As the Bernard Madoff Ponzi scheme unfolded last week, investors from all types of industries were hit hard, including Nine West co-founder Jerome Fisher, who reportedly lost $150 million in the case — which could turn out to be the largest fi nancial fraud in history.
Fisher declined to comment last week, but press reports said he was involved in a verbal altercation with Madoff’s business partner, Robert Jaffe, at a recent Palm Beach, Fla., party. Fisher, along with other partygoers, were apparently miffed that Jaffe attended the soiree and stayed following the fi ght.
