Bernard Madoff

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Haven't Madoff's Victims Suffered Enough?

As if the victims of Bernard Madoff had not suffered enough, the Justice Department has now inflicted on them the albatross of Richard C. Breeden, who has been named "special master" of $2.35-billion of recovered assets for redistribution to them. How much money will Breeden accumulate for himself in payments while he defers a distribution in what should be a fairly simple process of prorating payments to victims?