Bailout for Madoff Victims Would Cost the Government as Much as $20 Billion
Friday, January 9th, 2009According to a recent article in the New York Times titled For Victims of Schemes, the I.R.S. Can Be Flexible, a bailout for Madoff victims would cost federal, state and local governments as much as $20 billion.
While a spokesman for the Internal Revenue Service declined to comment on the Madoff case, there is still speculation in the media and amongst tax professionals as to whether investors will be able to
