Madoff Fund Pays Out Distributor, Not Victims (Audio)

(Bloomberg) -- Jon Barooshian, a partner at Bowditch and Dewey, and Erik Larson, a legal reporter for Bloomberg News, discusses the role of Richard Breeden as the Madoff Victim Fund administrator, and why the fund hasn't paid out any money to victims of Bernard Madoff's historic Ponzi scheme.

See omnystudio.com/listener for privacy information.