[Onelifetogive]

Her best hope to recoup some of her money is from the Securities Investor Protection Corp., an industry-funded organization set up by the government to protect investors from fraud.

Wait a second. The fund was set up and funded for exactly this purpose. If the Madoff investments qualify, this is not a "bailout". The fund should pay the investors according to its rules.

[org.whodat]

It is if they want more than what the fund can give them!!

[Red in Blue PA]

Sorry, but I don’t think taxpayer monies should be going to these people.

The shareholders in Enron have all been paid? And GLobal Crossing? And Worldcom?

If not, these people can get in line.

[databoss]

i agree “Madeoff” was allowed run under the radar because of his past...the 500k rule should be available...

[heartwood]

There’s a cap from the securities protection fund IIRC. Somewhere between 100k and 500k. So if they invested millions, too bad. Anyone with millions should not have all eggs in one basket either, so no pity here.

[dearolddad]

Wait a second. The fund was set up and funded for exactly this purpose. If the Madoff investments qualify, this is not a "bailout". The fund should pay the investors according to its rules.

All of the "funds" cash was invested with Madoff.