Alleged Madoff fraud has worldwide exposure (banks, hedge funds, famous, super rich, charities ..)

AP on Yahoo ^ | 12/15/08 | Joe Bel Bruno and Jane Wardell - AP

[NormsRevenge]

NEW YORK – The list of investors who say they were duped in one of Wall Street's biggest Ponzi schemes is growing, snaring some of the world's biggest banking institutions and hedge funds, the super rich and the famous, pensioners and charities.

The alleged victims who sunk cash into veteran Wall Street money manager Bernard Madoff's investment pool include real estate magnate Mortimer Zuckerman, the foundation of Nobel laureate Elie Wiesel, and a charity of movie director Steven Spielberg, according to The Wall Street Journal.

[Raster Man]

note to self...do not blindly put entire net worth into one fund that promises 12% returns.

[Slapshot68]

Let us hope Michael Moore and Sean Penn were investors!

[5thGenTexan]

It may also be interesting to look up Bernard Madoff in the political contribution database...

[Boiling Pots]

It’s very revealing...probably 99% Dem for many many years.

I’m sure most of his “clientele” were lefties too.

The way I view this, this is left wing money lost, good for them!

[iopscusa]

I saw a report on his donations...massive donations to Schumer and other DemRATS.

[snarks_when_bored]

The demands for restitution are already beginning:

Hedge fund body wants help for Madoff victims

Yeah, let's help the greedy-guts who invested with Madoff in the expectation that he was in a better position to front-run orders than most money managers...

[5thGenTexan]

I just want to see the dots between Dems and crooks connected, again and again.

[Anti-Bubba182]

Mortimer Zuckerman is one of the smart people. It just shows that anyone can be taken.

[Carley]

Not to worry. Some people are going to be reimbursed by us.

[M203M4]

Maddow figured he would be dead by the time TSHTF. "What do you mean my cunning plan will not work in the long-run - in the long run, we are all dead!"

That sentiment accounts for quite a bit of government planning too. America's favorite homosexual fascist (Keynes) admitted it.

[Seaplaner]

Do the federales suspect the son (who "tipped" the authorities) as being in cahoots here? How and why would a dad be in a long-term clandestinely dirty deal with a son who never catches on? How is this possible?

One possible scenario (based on nothing other than a suspicious mind) goes like...

Dad has son turn him in to deflect investigation from son

Dad (big Dem contributor) hopes for an eventual pardon (from Marxist Obama) just like the Clintons were peddling.

This is just suspicion, so all contrary (and exculpatory irt the son) comments welcomed.

.

[Cecily]

The Nigerians have been E-mailing the wrong people. They should have focused on the big money crowd.

[dfwgator]

Get a rope!

[Montfort]

Did you see how the JEHT Foundation had to close its doors due to its donors investing the funds with Madoff? Look at its grants while its website is still up. It is leftist.

A silver lining in every cloud.

[glorgau]

I’ll come out in the open and admit that he took my entire $300 million account.

Now where’s my bailout?