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Description:  Madoff victims might finally get their hands on their stolen billions. The court-appointed trustee trying to recover Madoff’s loot has brought dozens of lawsuits but so far hasn’t been able to compensate victims. That might soon change. A court hearing is set for Jan. 13 that could unlock more than one-third of the $20 billion in stolen money.

Source:  CNNMoney.com

Date: 12/23/2010

Link:  http://money.cnn.com/2010/12/23/news/companies/madoff_trustee_sipc/index.htm

Questions for discussion:

  • Do you think this news report will change the way people think about investing?
  • Do you think the recovery of funds will improve the general public’s view about those people connected to this fraud?
  • What lessons are there to be learned from this event?

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