How Much Was Invested With Madoff?
News reports are all over the place on this. I don't want to know how much investors lost 'on paper'. I want to know how much was handed to Madoff to invest. I want to know who cashed out, when, and for how much.
Am I hearing correctly that the Feds are going to let Madoff's investors write off their losses? Come on! Who believes he can make 40% on an investment -- honestly?!