Participants in the Madoff investment scandal group of hedge funds owned by Massachusetts Mutual Life Insurance Co, as well as, its parent companies in December 2010, seeking more than $2 billion and alleging that company executives ignored "obvious warning signs" that Madoff was running a fraud. Picard alleged that Tremont failed to do any meaningful review of Madoff's operations or purported investment results, blindly allowing Rye to turn over half its $6 billion in client assets to Madoff and losing half that money when the scheme finally collapsed. The payment of $1 billion to the Madoff truste, provided by Massachusetts Mutual Life as a loan to
Pyramid of Userkaf total volume of . The core of the pyramid is built of small, roughly-hewn blocks of local limestone disposed in horizontal layers. This meant a considerable saving of labor as compared to the large and more accurately-hewn stone cores of 4th Dynasty pyramids. However, as the outer casing of Userkaf's pyramid fell victim to stone robbers throughout the millennia, the loosely assembled core material was progressively exposed and fared much worse over time than that of the older pyramids. This explains the current ruined state of the pyramid. The pyramid core was constructed in a step-like structure, a construction technique