Posted by & filed under Part 1 Business in a Global Environment, Part 6 Managing Financial Resources.

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 financial recovery of these funds will change what the general public thinks about the people who were connected in some way with the fraud?

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