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11 Dec 2018

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What does "remains the stuff of headlines" mean?

Context>>>>>>>>>>>>>>>>>>>>>
Bernard Madoff’s sordid legacy remains the stuff of headlines. But his fraudulent scheme altered -- and transformed -- the hedge fund industry.

As fund lawyer Steven Nadel at Seward & Kissel LLP put it in a recent interview: “Madoff was a huge wake up call for the entire asset management industry.”

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