Judge rules that clients of feeder funds aren’t entitled to repayment from Madoff recovery. Some direct Madoff investors are on target to get at least 75% of their money back but people who entrusted their money to Noel’s Fairfield Greenwich Group will get bupkis. Unfortunately for them, Walt’s Round Hill home is worth, at best, maybe $3 million – that’s not going to do it, so look for continued pressure on the girls to also give up their illicit gains (if there’s anything left – the ladies are doing their best to spend it as fast as they can).
