Understatement of the Day
Mort Zuckerman's foundation lost $30 million when he handed over funds to money manager Ezra Merkin, who in turn invested the money with Bernie Madoff. So has Mort had any words with Merkin, who he's publicly promised to bury in a legal avalanche? Indeed he has! "I had one brief conversation," he tells the Financial Times. "I would describe it as intense." [FT]