List of Madoff's presumed victims runs into the thousands

[sabra]

Source: CNN

NEW YORK (CNN) -- A 162-page list naming thousands of presumed victims of alleged fraud mastermind Bernard Madoff has been released by the trustee that is liquidating Madoff's investment company.

The densely typed list includes multinational banks, unions, charitable foundations, Madoff's attorney, Madoff's relatives and, possibly, celebrities.

Notables on the list include Columbia University, the International Brotherhood of Teamsters Local 1249 Pension Fund, The Elie Wiesel Foundation, John Denver Enterprises and Fred Wilpon, the owner of the New York Mets.

Individuals on the list include John Malkovich and Sandy Koufax. However, it has not been confirmed that those on the list are actually the actor and the baseball Hall of Famer, respectively.

Seventy-year-old Madoff is under 24-hour house arrest in his Upper East Side luxury apartment, with $10 million bail placed against his home, as well as his wife's residences in Montauk, New York, and Palm Beach, Florida.

Read more: http://www.cnn.com/2009/CRIME/02/05/madoff.victims/index.html

[Ian David]

1. I hope Limbaugh is on that list. n/t

[Warpy]

2. Nope, he's not

Madoff mostly preyed on Jews with small to medium sized portfolios. Those are the people who provided the huge returns to the investors that are not listed, the scumbags who helped him set the whole thing up.

I recognized a few names there and it made me very sad. These aren't people who were greedheads, they were people who thought higher returns would allow them to enjoy retirement instead of spending it clipping coupons out of the newspaper to save pennies here and there.

The whole thing and most especially the incompetence demonstrated by the SEC makes me sick.

[aquart]

3. IBEW is there, too. I gasped when I saw that one.

And Hadassah. The pension funds of many smallish companies. The intricate financial structure of large families brought crashing down.

[Ian David]

4. Do you have a link to the complete list? n/t

[sabra]

5. here u go

http://www.huffingtonpost.com/2009/02/04/madoff-victims-list-relea_n_164097.html

[Ian David]

6. Thanks! n/t