Where did Madoff’s funds go?

One problem that is yet to be solved in this case is restitution to those investors who lost a lot. In reality there are people who made a lot of money with Madoff, taking out more money than they put in. Should they have to payback those funds? "What if they already "blew it" on, say, their kids' college funds?" This NPR story discusses those issues: Recovering Funds From Madoff Investors