News, analysis and personal reflections on the markets & the financial sector

Sunday, January 18, 2009

UBS starts to pay Madoff-hit investors

Some investors in the Luxalpha fund affected by the $50bn fraud allegedly orchestrated by Bernard Madoff are being reimbursed by the Swiss bank.

more at
http://www.ft.com/cms/s/0/0b6da8ce-e406-11dd-8274-0000779fd2ac,dwp_uuid=b7a8d610-caaf-11dd-87d7-000077b07658.html

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