I know some of the other guys have already suggested it, but if the brakes are all adjusted up (and don't forget there are two adjusters on each front wheel - so 6 for the whole car), it's bled and it's not externally leaking anywhere, it has to be the Master Cylinder.
Just on the adjusters, the fronts are on a 'cam' so they only need very small movements for adjustment, usually about 1/8th of a turn, the rears are on a screw, so may need a few full turns.