The testimony revealed troubling instances of Tom Girardi's cognitive decline, leading his former accounting employee, Norina Rouillard, to express that he 'didn't seem all there' during late 2020.
Bloomberg Law noted the testimony about a secret bank account as significant evidence indicating that Girardi might not have been fully aware of the operations at his firm.
Rouillard confirmed that there were concerning signs as Girardi was calling her excessively and lacked awareness of the firm’s financial issues, including when he insisted on reopening after its collapse.
Despite the complex financial dealings, Rouillard denied any intention to conceal the operations of the firm from Girardi, suggesting mismanagement rather than malice.
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