Mix Madeira and shallots in small saucepan.
Boil until reduced to 2 tablespoons.
Add cream and beef broth and boil until reduced to 1 cup.
Mash butter, blue cheese.
Whisk into Madeira mixture a bit at a time.
Simmer until creamy.
Rotate the steaks in the Flat Standard Basket for 16 minutes for rare or 20 minutes for medium.
If not brown enough, position the basket facing the heating coils and turn the pause-to-sear switch to off.
Rotate 2 to 3 minutes more on each side.