The Justice Department is coming under criticism over a $4 billion compensation fund for Bernard Madoff’s victims that hasn’t handed out a cent four years after its creation.
In a Justice Department budget hearing this week, Deputy Attorney General Rod Rosenstein told a congressional panel he would “figure out why it’s taking so long” for money to flow from the agency’s Madoff Victim Fund to thousands of investors who took losses in Mr. Madoff’s Ponzi scheme.
via Criticism Mounts on Madoff Compensation Fund – WSJ.
