Weekly Roundup: Swiss Freeze Mubarak Funds, JPMC Asks District Court to Preside Over Madoff Trustee’s Lawsuit, and More

Friday was not Egyptian President Hosni Mubarak's day. Not only did he announce his resignation after weeks of protest and riots, but Switzerland's Federal Council placed a freeze on any assets that might be held for him in Swiss institutions and made the sale or disposal of the funds illegal. The Council also said that it's "taking all the measures required to avoid any misappropriation of government assets." More Earlier in the week, JPMorgan Chase asked that a U.S. District Court to preside over a $ 6.4 billion lawsuit that claims the bank overlooked warnings signs of Bernard Madoff's $65...