Scandal II

Spin the Madoff Wheel of Misfortune!

An autopsy of Bernie's $50 billion Ponzi scheme turns up a ring of victims with boldface names:

 
PHOTOS
Superrich, Superbad

The year's worst scams, excesses and low-finance shenanigan of the world's moneyed elite

 
 

Email To A Friend

Please fill in the following information and we'll email this link.

Separate multiple addresses with commas

SPONSORED BY
 
  • Gerald Breslauer:Hollywood financial consultant
  • Jeffrey Katzenberg:DreamWorks CEO lost millions he'd invested with Breslauer
  • Steven Spielberg: In 2006, had 70% of his foundation with Madoff
  • Carl Shapiro: Foundation lost $145 million
  • Norman Braman: Old pal now calls Madoff a 'first-class crook'
  • Fred Wilpon: Mets owner lost $300 million through his real-estate firm
  • Jerome Fisher:Nine West owner lost $150 million
  • Walter M. Noel: Half his $14 billion hedge fund was with Madoff, his pal for 19 years
  • Elie Wiesel: Foundation for Humanity wiped out after $15 million loss
  • Frank Lautenberg: Had 90% of charity fund with Madoff in 2006
  • Mort Zuckerman: Lost $30 million of Ascot Fund; says he'd never heard of Madoff before
  • Ezra Merkin: His entire $1.8 billion Ascot Fund was wiped out

© 2009

Label

Newsweek Top Stories
NEWSWEEK's 20/10
NEWSWEEK's 20/10

Our decade-in-review project recalls the highs and lows of the last 10 years.

Obama's Promises
Obama's Promises

Is the new president fulfilling his campaign pledges? Or falling short?

The Decade in 7 Minutes
The Decade in 7 Minutes

Video: A fast-paced review of the best and worst moments. Don't blink.

Accidental Celebrities
Accidental Celebrities

From Levi Johnston to Elian Gonzalez, these people never expected to be in the spotlight.

Discuss

Sponsored by