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 was exposed and degradated rapidly with only the two lowest layers of the pyramid still visible today. The pyramid has a T-shaped substructure with a descending corridor leading to a chamber with a gabled roof. Similarly to the main pyramid, the substructure was constructed in a shallow open pit dug into the ground before the pyramid construction started and is therefore located just below ground-level. Userkaf's pyramid is located on the northeast corner of Djoser's step pyramid complex. The pyramid was originally around high and large with an inclination of 53° identical to that of Khufu's great pyramid for a