Taxpayers to bail out Palm Beach investors.
Judge signs order to protect Madoff investors
20 hours ago
NEW YORK (AP) — A federal judge on Monday threw a lifesaver to investors who may have been duped in one of Wall Street’s biggest alleged frauds, saying they need the protection of a special government reserve fund set up to help investors at failed brokerage firms.
U.S. District Judge Louis L. Stanton ordered that clients of Bernard Madoff’s private investment business seek relief under a federal statute created to rescue cheated investors. Stanton also ordered that business be liquidated under the jurisdiction of a bankruptcy court and named attorney Irvin H. Picard as trustee to oversee that process....
http://www.google.com/hostednews/ap/article/ALeqM5jF_4G4a4XAV7qDQOp8KfWCykIrYQD953FCL82
Liberals bailing out other liberals with your money!
You might enjoy this Madoff tidbit I just posted:
http://www.freerepublic.com/focus/f-news/2149895/posts