david-bershad

The List: Sorting Through the Names

cityfile · 02/06/09 09:19AM

It's still unclear how many of the people on the "Madoff List" were truly victims of the Ponzi scheme. The trustee liquidating Madoff's financial firm has said that some of the people listed may have served as trustees or agents for other people who lost money, which may explain why some of the people who have stated publicly in recent weeks that they'd lost a fortune to the scheme don't appear at all. (Case in point: Ira Rennert has said he lost $200 million to Madoff's scheme, but his name does not appear in the 163-page document.) But it's interesting to go through the names anyway, and you don't even need to bother with the tedious task of scanning the PDF document: There's a Madoff victim search engine that has made the process much easier. Just point your browser here and you can look people up by address or name. After the jump, a long list of people who have turned up as possible victims in the last day or two.

New Partners at Goldman, Hit to Hedge Funds

cityfile · 10/28/08 05:09AM

♦ Better news from abroad today: global stocks rebounded overnight, with shares in Hong Kong climbing more than 14 percent. [CNNMoney]
♦ Goldman Sachs will name its new partners today; it's expected to be the smallest such group in the firm's history. [Telegraph, Clusterstock]
♦ The average hedge fund was down 8.4 percent in October. Layoffs in the industry are mounting: Glenn Dubin's Highbridge Capital is the latest fund to announce cuts, trimming 10 percent of the company's staff. [NYP]
♦ Barclays is seeking to raise $10 billion from Russian banks. [WSJ]
♦ Fidelity may lay off 4,000 employees. [Boston Globe]