Bernie Madoff's List Of VICTIMS (aka Clients)

VICTIMS Of Bernie Madoff's $50 Billion Ponzi Scheme :




(This list is copied + pasted from: cnbc.com/id/2823)

* Fairfield Greenwich Advisors - An investment management firm...more than half of Fairfield Greenwich's $14.1 billion in assets under management, or about $7.5 Billion was connected to Madoff

* Tremont Capital Management - The fund-of-funds business run by Tremont Capital Management had invested $3.3 Billion with Madoff

* HSBC (HBC) - The British bank has potential exposure of about $1.5 Billion, the Financial Times reported, citing unnamed people close to the situation. The exposure is from loans it provided to institutional clients, mainly hedge funds of funds, that wanted to invest with Madoff, the FT reported.

* Banco Santander (STD) - Spain's largest bank said its investment fund Optimal has a $3.05 Billion (2.33 billion euro) exposure to Madoff Securities.

* Bank Medici - The Austrian bank had two funds with $2.1 Billion (1.5 billion euros) invested with Madoff

* Ascot Partners - According to a Wall Street Journal report, the U.S. hedge fund where former GMAC chairman Jacob Ezra Merkin is a money manager has an exposure of $1.8 Billion.

* Access International Advisors - According to a report by Bloomberg, the New York based investment firm has an exposure of $1.4 Billion.

* AXA (AXA) - The French insurance company said it has negligible exposure to Madoff, well below 100 million euros.

* Barclays (BCS) - Any exposure for British bank Barclays Plc to Madoff would be "minimal,'' a person familiar with the matter said, but Barclays declined to comment.

* Man Group - The United Kingdom hedge fund said it is exposed through RMF, its institutional fund of funds business, which has approximately $360 million invested in two funds that are directly or indirectly sub-advised by Madoff Securities.

* BBVA - Spain's second-largest bank said its international operation has about 30 million euros exposure to Madoff, and it sees a maximum potential loss from Madoff-linked investments of 300 million euros ($404 million).

* Union Bancaire Privee - Swiss bank that invests in funds of hedge funds has lost about 1 billion francs ($850 million), according to Le Temps, citing unnamed banking sources.

* Royal Bank of Scotland (RBS) - Said it had exposure through trading and collateralised lending to funds of hedge funds invested with Madoff, with a potential loss of around 400 million pounds ($597.9 million)

* Natixis - The French investment bank said it could have a 450 million euro ($602 million) indirect exposure to Madoff

* BNP Paribas (BNP) - France's largest listed bank said it has a potential 350 million euro ($464.3 million) exposure.

* Reichmuth & Co. - Swiss private bank said its fund of funds Reichmuth Matterhorn had an exposure to investments linked to Madoff that amounted to about $325 million.

* Nomura Holdings (NMR) - The Japanese brokerage firm said it had a 27.5 billion yen ($303 million) exposure related to Madoff, but the impact on its capital would be limited.

* Unicredit SpA - Italy's second-biggest bank said its own exposure is around 75 million euros ($101 million), while in its Pioneer Investments unit, some funds ``are exposed to Madoff indirectly through feeder funds.''

* Societe Generale - The French bank said its exposure is negligible, below 10 million euros.

* Maxam Capital Management - The Connecticut-based fund has lost about $280 million on funds invested with Madoff, according to a Wall Street Journal report.

* EIM Group - Le Temps reported that EIM Group, a European fund of hedge funds, said it has a $230 million exposure.

* Fairfield Sentry - The $7.3 billion hedge fund run by Walter Noel's Fairfield Greenwich Group had accounts with Madoff Investment Securities.

* Kingate Global Fund - The $2.8 billion hedge fund run by Kingate Management Ltd had invested in Madoff Investment Securities.

* UBS (UBS) - The investment bank unit of the Swiss financial group has a limited and insignificant counterparty exposure, its spokesman told Reuters.

* Benedict Hentsch - Swiss private bank said its exposure to products linked to Madoff amounted to 56 million francs ($47 million), or less than 5 percent of assets under management.

* Bramdean Alternatives - UK asset manager, headed by well-known fund manager Nicola Horlick, said almost 10 percent of its holdings were exposed to Madoff. Bramdean said it had two holdings that maintain trading accounts with Bernard L. Madoff Investment Securities that represented 9.5 percent of its net asset value at end-October.

* Banesto - Said it has insignificant exposure, but declined to disclose the size of exposure.

------------------------------------------------------------------------------

* Please refer to the below Bloomberg article for some background information regarding Bernie Madoff's $50 Billion Wall Street SCANDAL :


bloomberg.com/apps/news?pid=newsarchive&sid=atUk.QnXAvZY


Data Courtesy: CNBC and Bloomberg