Comments on: Record Ponzi Scam: $50 Billion http://www.aleablog.com/record-ponzi-scam-50-billion/ Alea Jacta Est Wed, 03 Mar 2010 18:43:34 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: slumlord http://www.aleablog.com/record-ponzi-scam-50-billion/#comment-2153 slumlord Fri, 12 Dec 2008 11:36:03 +0000 http://www.aleablog.com/?p=2177#comment-2153 Eligible for TARP? Eligible for TARP?

]]> By: SS http://www.aleablog.com/record-ponzi-scam-50-billion/#comment-2152 SS Fri, 12 Dec 2008 01:25:10 +0000 http://www.aleablog.com/?p=2177#comment-2152 Does this mean tomorrow there's no funds to trade in the accounts? It seems a bit difficult to imagine that counterparties wouldn't have noticed don't you think? Does this mean tomorrow there’s no funds to trade in the accounts? It seems a bit difficult to imagine that counterparties wouldn’t have noticed don’t you think?

]]> By: Amicus http://www.aleablog.com/record-ponzi-scam-50-billion/#comment-2151 Amicus Fri, 12 Dec 2008 01:10:37 +0000 http://www.aleablog.com/?p=2177#comment-2151 Looks like 'separate account' management, primarily. Not sure yet which type of securities were actually registered with the SEC ... From Bloomberg: "The Madoff firm had about $17.1 billion in assets under management as of Nov. 17, according to NASD records. At least 50 percent of its clients were hedge funds, and others included banks and wealthy individuals, according to the records." Looks like ’separate account’ management, primarily. Not sure yet which type of securities were actually registered with the SEC …

From Bloomberg:

“The Madoff firm had about $17.1 billion in assets under management as of Nov. 17, according to NASD records. At least 50 percent of its clients were hedge funds, and others included banks and wealthy individuals, according to the records.”

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