Latest list of Madoff losers

• (photo of Robert Jaffe, referred clients to Madoff, Palm Beach Post)

(NY Times): "The list keeps growing of those who invested with Bernard L. Madoff, the prominent trader who is accused of running a $50 billion Ponzi scheme, and are now exposed to huge losses. DealBook will continue to update the list as further information becomes available."...

• (Bloomberg News): Madoff favored Democrats. "Since 2000, he has given at least $100,000 to the Democratic Senatorial Campaign Committee and more than $23,000 to the party’s candidates, including Senator Charles Schumer of New York and Senator Frank Lautenberg of New Jersey, who leads a charitable foundation that invested with Madoff."...

LA Observed, Additional names

• NY Post more names, video of Madoff, 12/16

• Updates: 12/18, List of Madoff Victims, FINalternatives

• 12/18, Madoff Scandal rocks NY City Real Estate Industry

• 12/20, Madoff has judiciary in the palm of his hand, cavorts around town, wife can shop for video for his protection

Worse for losers: "In the US, all those who have made profits from a fraudulent scheme

• must pay back their gains to the receiver seeking to compensate the victims who have lost money."

12/21, "Don't be scammed by Madoff investor sob stories"

• 12/21, Scrutiny of Fairfield Greenwich global group

12/20, Robert Jaffe made 1-2% commission on clients he referred to Madoff, Palm Beach Post

• 12/21, NY Times, Ripple effect of Madoff scandal

• 12/22, Chilean Bank profits may be reduced by half due to Madoff

• 12/22, Losses to Aspen,Colorado residents to approach $1 billion

• 12/22, Sponsor of British literary award lost $360 million

• 12/21, The International Olympic Committee lost $4.8 million in Madoff

• 12/23, Suicide of $1.4 billion Madoff Investor

• 12/23, West Palm Beach Police Pension Fund loses $838,000

• 12/17, UK Man Group, RMF Institutional Hedge Funds lose $360 million

• 12/24, CNN, List of Entities Announcing Exposure to Madoff

• 12/25, Fed grants GMAC access to bailout funds by declaring it a bank holding co.-WSJ; Ezra Merkin, chairman of GMAC, big Madoff loser, among those seeking taxpayer bailouts (Boston.com, 12/15)

• Jeff Wilpon, a close friend of Mark Madoff for 30 years,
• had no inkling his family had been swindled until last Thursday, when his father,
• New York Mets owner Fred Wilpon, called and said Bernard Madoff had been arrested.

• 12/29/08, WSJ.com, Latin American countries hard hit including Brazil, Chile, Columbia, Mexico, Madoff had representatives in each. Some went through Spain's Santander, others through Fairfield Sentry. The losers can't talk for fear of kidnappings, tax and legal consequences. So in these cases, Madoff made a clean sweep.

• 12/30/08, Stamford Advocate, Greenwich Country Day received funds from alleged Madoff victim, Jeff Wilpon Foundation

• 12/31/08, Avellino lost housekeeper's life savings in Madoff, has $10 million Nantucket estate

• 1/08/09, from CNBC, up to $150 million lost by Syracuse, New York labor unions via J.P. Jeanneret Associates.

• 2/4/09, 13,000 names on final list

3/12/09, Bernie finally in bracelets

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