Madoff investors may get money back

WASHINGTON (Reuters) -- Some of the investors who lost money in an alleged $50 billion fraud run by Bernard Madoff may be able to recover funds within the next few months, the president of the Securities Investor Protection Corp said on Wednesday.
"That's when we hope that some of the simpler claims can be resolved," SIPC President Stephen Harbeck said.
SIPC is a non-profit agency set up by Congress to maintain a fund to help investors who had accounts at brokerage firms that failed. ... Read more...