(image via forbes)
The "Who's Who" of Madoff investors increases. The wealthiest woman in the world, listed at #17 on Forbes billionaires, joins US News & World Report publisher Mort Zuckerman, Sen. Frank Lautenberg, and the Elie Wiesel Foundation for Humanity as victims of Bernie Madoff's Ponzi scheme. From Bloomberg:
"Liliane Bettencourt, the world’s wealthiest woman, entrusted part of her $22.9 billion fortune with Bernard Madoff through the fund manager found dead in New York yesterday, two people familiar with the matter said.
"The 86-year-old daughter of L’Oreal SA founder Eugene Schueller was the first investor in a fund managed by Access International Advisors, the people said, speaking on condition of anonymity because her investment isn’t public. The body of Access co-founder Thierry Magon de La Villehuchet, 65, was found in his Madison Avenue office yesterday. Police said he probably killed himself.
"Bettencourt, a Parisian, joins wealthy individuals from around the world, including Spanish billionaire Alicia Koplowitz, U.S. moviemaker Steven Spielberg and Nobel laureate Elie Wiesel, among victims of what Madoff, 70, told investigators was a $50 billion Ponzi scheme.
"'More high-profile names who have been victimized by Madoff will start to become known now,' said Ron Geffner, who represents hedge funds at the New York-based law firm Sadis & Goldberg LLP. 'There’s a strong sense of anguish, fear and distrust.'
More here.
6 comments:
I am coming back to your website for more soon
This angle makes the topic feel far more realistic than most explanations.
The way behavior is unpacked feels accurate to real player experiences.
This offers insight that statistics alone usually fail to explain.
I like how the article focuses on why people act, not just what they do.
The behavioral perspective adds depth that’s often missing in similar content.
Post a Comment