The Associated Press: Madoff pleads guilty to huge financial swindle
Talkback
Title:Claw back will make many more unhappy
Name:tko
City: ClemmonsState: NC
A lot of the money was paid to his early investors/victims as dividends. US law allows recouping that money which is referred to as "claw back". Those early investors lost what they gave Madoff and will have to repay what Madoff gave them as dividends on their investments. More pain and grief.