Hot Docs: House Begins Madoff Hearing, Congress Is a Top Risk

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There have been hundreds if not thousands of hedge fund fraud victims over the last several years who have been equally wiped out but never received SIPC coverage. Congress has been aware of the possibility of fraud for years due to the unregulated nature of hedge funds. I am glad that these victims are being recognized, but they are no different than those who suffered just as much but were not as well heeled or as well connected as these are.

Anonymous of CA 3:08PM January 06, 2009