Federal Judge Paul S. Diamond says investors who got their money back from scam artists like Bernard Madoff and Joseph Forte ought to give part of that principal - not just their profits - to investors who were completely ripped off: "The winning investors' returned principal is actually the losing investors' money."

And Diamond's mad at the federal Securities and Exchange Commission and the Commodities Futures Trading Commission for letting early investors in Ponzi schemes keep their principal, even if they give up the interest they collected from phony investments.

It's what the government does, and it's "extraordinarily unfair," the judge said in his Philadelphia courtroom. Harold Brubaker tells the story here.