Detailed text transcripts for TV channel - CNN - 20101217:19

Detailed text transcripts for TV channel - CNN - 20101217:19:02:00

that was lost. cynthia and richard freeman lost $3 million. they join me now on the phone from west orange, new jersey. cindy and richard, one would expect people like you who had lost the money to think that this is great. a good outcome. but you have reservations about the way this whole process is working. >> right. we see this as good news and bad news. the bad news is that despite all the money that the trustee has recovered, there are still hundreds of innocent people. many who are old and sick and who have very little money are being caught back. are you aware of the latest breaking news pertaining to this? >> tell me about it. >> we just found out that representative scott garrett of new jersey, the incoming chairman of the house financial services, introduced a bill to protect ordinary investors of madoff from further callbacks by the trustee. can i read a brief excerpt from the statement? >> sure. >> when investors see the seal of approval, they should have confidence in the account statements they receive. these ordinary investors who

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