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
Rythu Bandhu scheme Rythu Bandhu scheme Rythu Bandhu scheme also Farmers’ Investment Support Scheme (FISS) is a welfare program to support farmer’s investment for two crops a year by the Government of Telangana. The government is providing 58.33 lakh farmers, ₹4000 per acre per season to support the farm investment, twice a year, for rabi and kharif seasons. This is a first direct farmer investment support scheme in India, wherein the cash is paid directly. The scheme was announced by the Chief Minister of Telangana, K. Chandrashekhar Rao at Farmers Coordianation Committee(Rythu Samanvaya Samithi) conference at Jayashankar Agriculture University on 25 February 2018.