Vultures Circle Madoff Clients To Buy Their Claims

April 14, 2011   |   April 2011 Bond Updates
When the Madoff Ponzi scheme first broke in late 2008, it seemed most uncertain whether his investors would ever get their money back. At first, there was a black market for Madoff client claims at roughly 20 cents on the dollar.

View more at: http://blogs.forbes.com/robertlenzner/2011/04/14/vultures-circle-madoff-clients-to-buy-their-claims/
 
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