From center left, clockwise, in blue shirt, John Starr, chairman of the Joint Pension Board, first selectman Ken Flatto , and Paul H. Hiller Jr. chief fiscal officer of the Town of Fairfield Conn., discuss with other town representatives, Monday Dec. 15, 2008, in Fairfield Conn., the fallout of money for the Town of Fairfield pension fund of which nearly 15 percent of the fund’s total value were entrusted to Bernard Madoff. (Douglas Healey/AP)

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