Securities Investor Protection Corporation: Customer Outcomes in the Madoff Liquidation Proceeding
Description:
A letter report issued by the Government Accountability Office with an abstract that begins "GAO's analysis of Madoff account data shows that more than three-fourths of the firm's customers were individuals and families (individuals). The remaining accounts were held by institutions, such as pension funds and charities. A higher proportion of accounts held by an individual (60 percent) were "net winners" based on their net equity position--meaning they had withdrawn more from their accounts tha…
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Date:
September 13, 2012
Creator:
United States. Government Accountability Office.
Item Type:
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Report
Partner:
UNT Libraries Government Documents Department