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Madoff might not have made any trades

Agency can't find evidence his funds bought or sold through his brokerage

Bernard Madoff is escorted out of federal court in Manhattan yesterday after a bail hearing. Bernard Madoff is escorted out of federal court in Manhattan yesterday after a bail hearing. (Daniel Acker/Bloomberg News)
By Beth Healy
Globe Staff / January 15, 2009

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As investigators try to untangle the scheme that Bernard L. Madoff hid from investors and regulators for a decade or more, one basic fact is emerging: He may not have been making any trades at all. (Full article: 916 words)

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