A court-appointed trustee unraveling Bernard Madoff's massive fraud so far has allotted $231 million from a securities industry fund that compensates victims - a record amount for the fund, but a mere fraction of what was lost. ...more

July 2, 2009

I thought I'd answer a few more of your questions: Jaclyn in Cleveland asks: My husband and I are 33 with two small children. With an income of $230,000, we max out our TSP and 401(k) plans. Each month we save $250 to a 529, $200 to IRA and brokerage accounts, and $50 to an ING savings account. Given that we are 30 years to retirement and 15 years from college tuition bills, is it smart to maintain our current savings patterns or is it better to adjust according to the economy? ...more

March 15, 2009

A list of Bernard Madoff's assets filed Wednesday with the U.S. Securities and Exchange Commission will not be made public, said the regulator, which accused him in a lawsuit this month of directing a $50 billion fraud. ...more

January 1, 2009