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The AVENUE A-List: Irving Picard

Monday, October 17, 2011
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from the pages of AVENUE’s October issue…

The Most Influential New Yorkers of 2011

In New York, creating a “short list” of the most fascinating, powerful people

that make this city whirl and twirl is no easy feat. But once again we’ve done it—and narrowed down the names to a broad mix of personalities, many whose impact extends beyond the five boroughs. Some are mainstays, some are rising stars—whether they’re altering the skyline or a hemline—these people are the ones on top. Bottom line.

Irving Picard

ponzi police

Irving Picard is the New York-based lawyer at the center of the post-Madoff fire storm. He is considered the superstar of Securities Investor Protection Corporation (SIPC) trustees, since his participation in nearly 40 large-scale bankruptcy decisions including Trans World Airlines’. Picard’s latest, and perhaps greatest, job thus far has been to collect from customers who received preferences, non-existent principal or payouts of fake profits to the loss of other defrauded customers whose money was depleted by Madoff’s Ponzi scheme. With the help of Picard, SIPC has given $116 million to satisfy claims from more than 200 victims. In an effort to help those who have been affected by their Madoff investments, Picard created a “Hardship Case” program.


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Robin Birley, founder of Mayfair's 5 Hertford Street, is coming to New York


Madison Square Gardens Hosts Premiere of AMC’s The Walking Dead

Approximately 15,000 fans filled Madison Square Gardens Friday night for an exclusive premiere of the sixth season of AMC’s The Walking Dead. It was the first premiere in the history of the arena. Taking place in the midst of New York’s Comic Con weekend, the entire cast and crew from the zombie hit was in attendance. Yvette Nicole […]

by Kelsy KershawPhotographed by Billy Farrall