Bernard Madoff

Madoff Fleeced His Victims; Will They Fleece Taxpayers?

Bernard Madoff was all about cashing in, so now there is a rush to cash in on him. Are some of Madoff's investors -- who knew they were assuming substantial risk by placing money into a hedge fund -- trying to pull a fast one now? Some are asking that the calculation of their positions be altered in a way that could shower taxpayer subsidies on them, even if they lost nothing!