For Madoff victims, something is better than nothing

The 11,000 or so investors in feeder funds used by Ponzi schemer Bernard L. Madoff to commit the biggest fraud in history finally have a chance to get some of their money back. A $2.35 billion fund will distribute monies collected from various legal proceedings to an expanded pool of victims. Given that the total amount of money lost in the fraud is about $17 billion, there isn’t nearly enough money to go around. Still, the fund is likely many victim’s best shot at recouping some of their losses. More on CBS News here.

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