For Bernard Madoff's Victims, A Massive Settlement Of Their Own

[Luke Skywalker]

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Robert Siegel interviews Irving Picard, the Madoff Bankruptcy Trustee, and David Sheehan, Picard's Chief Counsel and a partner at BakerHostetler. The attorneys represented those who were defrauded in Bernard Madoff's Ponzi scheme. On Tuesday, the attorneys announced two settlements to recover approximately $543 million for Madoff's victims.