Madoff clients get $1b in deal

... from the largest investment fraud in US history. Under the agreement, announced yesterday, Tremont Group Holdings of Rye, N.Y., and its Rye Select family of funds will pay more than $1 billion to the fund for investors defrauded by Madoff. The ...

http://www.boston.com/business/articles/2011/07/29/massmutual_unit_to_pay_1b_to_fund_for_madoff_clients/?rss_id=Most+Popular