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Article: Victims of Madoff scheme clash over reimbursement rules
- Article from:
- International Herald Tribune
- Article date:
- June 30, 2009
- Author:
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Eric Konigsberg The New York Times
International Herald Tribune
06-30-2009
Victims of Madoff scheme clash over reimbursement rules
Byline: Eric Konigsberg The New York Times
Edition: 1R
Section: FINANCE/BUSINESS
New York: --
Helen Davis Chaitman is a victim of Bernard L. Madoff's multibillion-dollar Ponzi scheme. So is Burt Ross.
That would seem to make them natural allies in their fight to recover their lost millions.
Instead, as Mr. Madoff prepared to be sentenced in U.S. District Court in New York on Monday, they were rivals warring over who should get how much from the government-chartered agency that insures customers of failed brokerage firms.
Some investors are angry that they could ...