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Wednesday, December 31, 2008

Madoff Investor List Gets Longer


Here is the list of Bernard Madoff investors as of 31DEC2008...PLEASE CLICK HERE FOR THE MOST CURRENT LIST: On 15DEC2008 it was announced that Madoff, possibly the person behind the largest Ponzi scheme in history, is set to release a more accurate list of investors today, but it supposedly will not be disclosed publicly as of yet. Madoff's number is $50 billion according to Madoff...at this point when totaled by others it comes to about $30 billion at this point. Those on this originally issued list (compiled by Bloomberg.com on 15DEC2008) read it and weep, most experts agree that investors will be lucky to recover 1 to 5 cents on the dollar:
Client                                         Total                      Source

Access International $1.4 billion Company statement,
Advisors Bloomberg Data

Banco Santander SA 2.33 billion Company statement
euros ($3.1
billion)

Banque Benedict Hentsch $48 million Company statement
& Cie. SA

BBVA 300 mln euros Company Statement
($404 mln)

Benbassat & Cie. $935 million Reuters,
citing Le Temps

BNP Paribas SA Up to 350 Company statement
million euros
($478.2 mln)

Boston philanthropist $145 million Boston Globe
Carl Shapiro’s
charitable foundation

Bramdean Alternatives 9.5 percent Company statement
Ltd. of assets

Clal Insurance 3 mln shekels Company statement
($778,800)

CNP Assurances 3 mln euros Company statement
($4.1 million)

Dexia SA 78 million Company statement
euros ($106.9
million)

EIM Group $230 million Reuters,
citing Le Temps

Elie Wiesel Foundation Undetermined Wall Street Journal
For Humanity

Fairfield Greenwich $7.5 billion Bloomberg News,
Group Company Statement

Fix Asset Management $400 million Company Statement

Fortis Bank Netherlands 1 bln euros
($1.4 bln)

GMAC LLC Chairman Most of its Wall Street Journal
Jacob Ezra Merkin’s $1.8 billion
Ascot Partners LLC of assets

Groupama 10 mln euros Company Statement
($13.6 mln)

Harel Insurance $14.2 million Company statement
Investments & Financial
Services Ltd.

HSBC Holdings Plc $1 billion Company statement


JEHT Foundation Undetermined; Company Statement
Will close.

Julian J. Levitt $6 million Washington Post
Foundation

Kingate Management Ltd. $3.5 billion Bloomberg News,
Bloomberg Data

Korea Life Insurance Co. $50 million Yonhap News

Korea Teachers Pension $9.1 million Company statement

Leonard Litwin Undetermined Spokesman

Madoff Family Foundation $19 million Washington Post

Man Group Plc $360 million Company statement

Maxam Capital $280 million Wall Street Journal
Management LLC

M&B Capital Partners 137.4 El Mundo newspaper
million euros
($187.9 mln)

Mediobanca $671,000 Company statement

Mirabaud & Cie. A few million Reuters,Le Temps
Swiss Francs

Mort Zuckerman’s $30 million CNBC Interview
charitable trust

Natixis Up to 450 Company statement
million euros
($614 mln)

Neue Privat Bank $5 Million Bloomberg News

New York Mets Undetermined Company statement
owner Fred Wilpon’s
Sterling Equities Inc.

Nomura Holdings Inc. $302 Million Company statement

Nordea Bank AB 48 mln euros Company statement
($65.6 mln)

Norman Braman, Undetermined Wall Street Journal
Former owner of the
Philadelphia Eagles
Football Team

North Shore-Long Island $5 million Company statement
Jewish Health System

Notz, Stucki & Cie Undetermined Reuters,
citing Le Temps

Phoenix Holdings 48 mln shekels Company Statement
($12.42 mln)

Pioneer Alternative Almost all Bloomberg News
Investments of its $280
million of
assets

Robert I. Lappin $8 million Washington Post
Charitable Foundation

Royal Bank of Canada Less than Globe and Mail
C$50 million
($40 million)

Royal Bank of $360 million Company statement
Scotland Group Plc

Reichmuth & Co.’s $330 million Letter to clients
Reichmuth Matterhorn
fund

Societe Generale SA Less than 10 Company statement
million euros
($13.7 mln)

Technion 25 mln shekels Company Statement
($6.5 mln)

Tremont Capital $3.3 billion Bloomberg News
Management

U.S. Senator Frank Undetermined Bergen Record,
Lautenberg’s Bloomberg News
Charitable Foundation

UniCredit SpA 75 mln euros Company statement
($102.5 mln)

Union Bancaire Privee # Less than Company statement
1.26 billion
Swiss francs
($1.08 billion)

Steven Spielberg’s
Wunderkinder Foundation Undetermined Wall Street Journal

Yeshiva University Undetermined Washington Post
and statement

Total (approximate) $29.9 billion

NOTE:
# Based on 1 percent of assets under management
as of June 30, 2008.


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