Madoff: Don’t get Madoff, get even

Madoff: What were funds of funds doing backing Bernard Madoff’s alleged $50bn Ponzi scheme? Didn’t they do due diligence? Didn’t they spot the red flags that might have suggested that something was fishy? These are the questions investors who may have seen their money wiped out will be asking. And the madder they get, the more they are likely to try to get even. For investors who got suckered when they met Madoff’s intermediaries at the Palm Beach Country Club or one of the many other posh US g...