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For victims of Bernie Madoff, tragedy goes on after scammer s death

Apr 15, 2021 Bernie Madoff’s death in prison Wednesday doesn’t change much for his victims, many of whom are still waiting to be made whole on their share of $20 billion that vanished with the con man’s 2008 arrest. The recovery effort, still under way in court more than a decade later, has been remarkably successful at recouping the lost principal, under the circumstances. But that’s little comfort to investors who lost their life savings or otherwise had their lives turned upside down. And none of them will ever see a cent of the $45 billion in fake trading profits Madoff assured them was safely tucked away in their accounts for retirement.

Hedge funds reap booming profits despite some high-profile problems

Last modified on Thu 15 Apr 2021 15.43 EDT Hedge funds enjoyed soaring profits in the first three months of 2021, following record gains in 2020, as they were able to dodge several high-profile obstacles including the squeeze from retail investors over GameStop shares and the collapse of distressed hedge fund Archegos Capital Management. Funds achieved gains of almost 6% between January and March, according to data from HFM, pushing the annual return of the funds tracked in its global index above 30%, one of the strongest performances on record. January to March proved the strongest first quarter for hedge funds since before the 2008 financial crisis, according to recent data from Hedge Fund Research (HFR).

For Bernie Madoff victims, tragedy goes on after scammer s death

For Bernie Madoff victims, tragedy goes on after scammer s death
financial-planning.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financial-planning.com Daily Mail and Mail on Sunday newspapers.

For victims of Bernie Madoff, tragedy goes on after scammer s death

For victims of Bernie Madoff, tragedy goes on after scammer s death
japantimes.co.jp - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from japantimes.co.jp Daily Mail and Mail on Sunday newspapers.

For Madoff Victims, Tragedy Goes On After Scammer s Death

For Madoff Victims, Tragedy Goes On After Scammer s Death
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

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