Doc Mercer
EOG Master
- <small>January 28, 2009</small>
The fallout from Bernard Madoff's alleged Ponzi scheme reverberated around the world as the list of investors facing losses widened. Among the biggest losers were charities, hedge funds, and banks in Europe and Asia. Below, see some of the most exposed investors and sort by the amount of potential losses. --Updated 01/28/09
<!--BEGIN SOURCE CODE FOR EXAMPLE =============================== --> <table id="yui-dt0-headtable"><thead><tr id="yui-dt0-hdrow0-a11y"><th colspan="1" rowspan="1" id="yui-dt0-th0-a11y">Investor
</th><th colspan="1" rowspan="1" id="yui-dt0-th1-a11y">Description
</th><th colspan="1" rowspan="1" id="yui-dt0-th2-a11y">Amount of Exposure
</th><th colspan="1" rowspan="1" id="yui-dt0-th3-a11y">Comment
</th></tr></thead></table>
<table style="" id="yui-dt0-bodytable"><thead><tr class="yui-dt-first yui-dt-last" id="yui-dt0-hdrow0"><th class="yui-dt-sortable yui-dt-first" colspan="1" rowspan="1" id="yui-dt0-th0">Investor
</th><th colspan="1" rowspan="1" id="yui-dt0-th1">Description
</th><th class="yui-dt-sortable" colspan="1" rowspan="1" id="yui-dt0-th2">Amount of Exposure
</th><th class="yui-dt-last" colspan="1" rowspan="1" id="yui-dt0-th3">Comment
</th></tr></thead><tbody class="" tabindex="0"><tr class="yui-dt-even yui-dt-first" style="" id="yui-dt0-bdrow0"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow0-cell0">Fairfield Greenwich Advisors
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow0-cell1">An investment management firm
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow0-cell2">$7,500,000,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow0-cell3">More than half of Fairfield Greenwich's $14.1 billion in assets under management, or about $7.5 billion was connected to Madoff.
</td></tr><tr class="yui-dt-odd" style="" id="yui-dt0-bdrow1"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow1-cell4">Tremont Group Holdings
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow1-cell5">Asset management firm
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow1-cell6">$3,300,000,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow1-cell7">The investment firm is owned by OppenheimerFunds and Massachusetts Mutual Life Insurance Co. Tremont's Rye Investment Management business had $3.1 billion invested, and its fund of funds group invested another $200 million. The loss is more than half of all assets overseen by Tremont.
</td></tr><tr class="yui-dt-even" style="" id="yui-dt0-bdrow2"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow2-cell8">Banco Santander
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow2-cell9">Spanish bank
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow2-cell10">$2,870,000,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow2-cell11"> Santander is offering its private banking clients 1.38 billion euros in compensation for Madoff-related losses. The offer doesn't apply to institutional investors. Latin American clients were approached with an offer to return their original investments via preferred stock with a 2% interest rate, in return for a promise not to sue. Santander customers Mar Octava Limitada and Marcelo Guillermo Testa filed a class-action lawsuit in a U.S. court, lawyers said Jan. 27. The losses were first disclosed Dec. 14. 2.01 billion euros belongs to institutional investors and international private banking clients; 320 euros million belongs to private banking customers in Spain.
</td></tr><tr class="yui-dt-odd" style="" id="yui-dt0-bdrow3"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow3-cell12">Bank Medici
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow3-cell13">Austrian bank
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow3-cell14">$2,100,000,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow3-cell15">The bank had two funds with $2.1 billion (1.5 billion euros) invested with Madoff. Bank Medici is 25% owned by Unicredit SpA and 75% owned by chairwoman Sonja Kohn. Hedge funds run by the bank had almost all their money invested with Madoff.
</td></tr><tr class="yui-dt-even" style="" id="yui-dt0-bdrow4"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow4-cell16">Ascot Partners
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow4-cell17">A hedge fund founded by billionaire investor, philanthropist and GMAC chief J. Ezra Merkin
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow4-cell18">$1,800,000,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow4-cell19">The hedge fund had $1.8 billion under management as of Sept. 30, had substantially all of its assets invested with Mr. Madoff. Austria's government named Gerhard Altenberger to manage the bank, but won't supply it with funds.
</td></tr><tr class="yui-dt-odd" style="" id="yui-dt0-bdrow5"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow5-cell20">Access International Advisors
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow5-cell21">A New York-based investment firm
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow5-cell22">$1,500,000,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow5-cell23">The investment-advisory firm's co-founder Thierry Magon de La Villehuchet, 65, was found dead in his Manhattan office on Dec. 24, 2008, in an apparent suicide. Mr. De La Villehuchet lost about $50 million, the bulk of his personal wealth.
</td></tr><tr class="yui-dt-even" style="" id="yui-dt0-bdrow6"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow6-cell24">Fortis
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow6-cell25">Dutch bank
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow6-cell26">$1,350,000,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow6-cell27">Fortis Bank and its subsidiaries have no direct exposure to Bernard Madoff Investment Securities LLC, but parts of the group do have a risk exposure to certain funds it provides collateralized lending to. If, as a result of the alleged fraud, the value of the assets of these funds is nil and the respective clients cannot meet their obligations, Fortis Bank Nederland (Holding) N.V.'s loss could amount to around EUR 850 million to EUR 1 billion. The continuity of Fortis Bank Nederland (Holding) N.V.and its subsidiaries is not at stake in any way.
</td></tr><tr class="yui-dt-odd" style="" id="yui-dt0-bdrow7"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow7-cell28">Union Bancaire Privee
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow7-cell29">Swiss bank
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow7-cell30">$700,000,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow7-cell31">Half of UBP's 22 funds of funds put at least some of their money into Madoff-related investment vehicles, including one run by J. Ezra Merkin. The principal fund, Dinvest Total Return, had about 3% of its more than $1 billion of assets in Madoff-related funds. One fund of funds had as much as 6.9% of assets in Madoff-related funds. The bank had most recently met with Madoff Nov. 25 as part of an ongoing vetting process.
</td></tr><tr class="yui-dt-even" style="" id="yui-dt0-bdrow8"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow8-cell32">HSBC
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow8-cell33">British bank
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow8-cell34">$1,000,000,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow8-cell35">HSBC provided financing to a small number of institutional clients who invested in funds with Madoff; some clients in its global custody business have invested with Madoff, but the company doesn't believe these arrangements should be a source of exposure to the group.
</td></tr><tr class="yui-dt-odd" style="" id="yui-dt0-bdrow9"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow9-cell36">Natixis SA
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow9-cell37">A French investment bank
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow9-cell38">$554,400,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow9-cell39">The company says it didn't make direct investment in Madoff-managed funds; some investments made on behalf of customers could have ended up being managed by Madoff. Exposure is about 450 million euros.
</td></tr><tr class="yui-dt-even" style="" id="yui-dt0-bdrow10"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow10-cell40">Carl Shapiro
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow10-cell41">The founder and former chairman of apparel company Kay Windsor Inc., and his wife
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow10-cell42">$500,000,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow10-cell43">Mr. Shapiro, a 95-year-old apparel entrepreneur and investor, has personally lost an estimated $400 million from the Madoff fraud, including $250 million he gave Mr. Madoff on Dec. 1. His charitable foundation, the Carl and Ruth Shapiro Family Foundation, has lost an estimated $100 million or more. Mr. Shapiro, a widely respected philanthropist, was one of Mr. Madoff's earliest and largest investors.
</td></tr><tr class="yui-dt-odd" style="" id="yui-dt0-bdrow11"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow11-cell44">Royal Bank of Scotland Group PLC
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow11-cell45">British bank
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow11-cell46">$492,760,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow11-cell47">The bank had exposure of about 400 million pounds to Madoff through trading, collateralized lending.
</td></tr><tr class="yui-dt-even" style="" id="yui-dt0-bdrow12"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow12-cell48">BNP Paribas
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow12-cell49">French bank
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow12-cell50">$431,170,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow12-cell51">The company said it has no investment of its own in Madoff-managed hedge fund but it does have risk exposure (up to 350 million euros) through its trading business and collateralized lending to funds of hedge funds.
</td></tr><tr class="yui-dt-odd" style="" id="yui-dt0-bdrow13"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow13-cell52">BBVA
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow13-cell53">Spanish bank
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow13-cell54">$369,570,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow13-cell55">The company reiterated it doesn't have direct exposure to Madoff but would face losses of 300 million euros if Madoff funds were found not to exist.
</td></tr><tr class="yui-dt-even" style="" id="yui-dt0-bdrow14"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow14-cell56">Man Group PLC
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow14-cell57">A U.K. hedge fund
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow14-cell58">$360,000,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow14-cell59">IInvested in funds directly and indirectly sub-advised by Madoff Securities and for which Madoff acts as broker-dealer. Madoff investment represents 1.5% of the company's RMF fund-of-funds business's funds under management and 0.5% of funds under management for Man Group itself, according to a Dec. 15 disclosure. Man Group is considering taking legal action to recover some of its investments.
</td></tr><tr class="yui-dt-odd" style="" id="yui-dt0-bdrow15"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow15-cell60">Reichmuth & Co.
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow15-cell61">A Swiss private bank
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow15-cell62">$327,000,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow15-cell63">The Lucerne-based private bank warned investors that around 385 million Swiss francs, or 3.5% of its assets under management, were affected.
</td></tr><tr class="yui-dt-even" style="" id="yui-dt0-bdrow16"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow16-cell64">Nomura Holdings
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow16-cell65">Japanese brokerage firm
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow16-cell66">$358,900,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow16-cell67">The 32.2 billion yen exposure is through Fairfield Sentry; That amount represents 0.2% of assets under management. Nomura originally said it had 27.5 billion yen in exposure on Dec. 14.
</td></tr><tr class="yui-dt-odd" style="" id="yui-dt0-bdrow17"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow17-cell68">Maxam Capital Management
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow17-cell69">A fund of funds based in Darien, Connecticut
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow17-cell70">$280,000,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow17-cell71">The fund reported a combined loss of $280 million on funds they had invested.
</td></tr><tr class="yui-dt-even" style="" id="yui-dt0-bdrow18"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow18-cell72">EIM SA
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow18-cell73">A European investment manager with about $11 billion in assets
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow18-cell74">$230,000,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow18-cell75">The European investment manager with about $11 billion in assets. Overall, EIM assets at risk are less than 2% of what it manages.
</td></tr><tr class="yui-dt-odd" style="" id="yui-dt0-bdrow19"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow19-cell76">AXA SA
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow19-cell77">French insurance giant
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow19-cell78">N/A
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow19-cell79">Exposure is well below 100 million euros.
</td></tr><tr class="yui-dt-even" style="" id="yui-dt0-bdrow20"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow20-cell80">UniCredit SpA
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow20-cell81">Italian Bank
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow20-cell82">$92,390,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow20-cell83">The company's total exposure is about 75 million euros. Dublin-based Pioneer Alternative Investments is indirectly exposed to Madoff via feeders; Italian clients have zero exposure.
</td></tr><tr class="yui-dt-odd" style="" id="yui-dt0-bdrow21"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow21-cell84">Nordea Bank AB
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow21-cell85">Swedish Bank
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow21-cell86">$59,130,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow21-cell87">The amount of exposure is about 48 million euros.
</td></tr><tr class="yui-dt-even" style="" id="yui-dt0-bdrow22"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow22-cell88">Hyposwiss
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow22-cell89">A Swiss private bank owned by St. Galler Kantonalbank
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow22-cell90">$50,000,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow22-cell91">Hyposwiss said roughly 0.1% of its overall assets was invested in Madoff products through managed accounts. Another $100 million is exposed through clients who chose to invest in Madoff funds. St. Galler Kantonalbank said its financial situation and liquidity aren't hurt by Hyposwiss' exposure.
</td></tr><tr class="yui-dt-odd" style="" id="yui-dt0-bdrow23"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow23-cell92">Banque Benedict Hentsch & Cie. SA
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow23-cell93">A Swiss-based private bank
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow23-cell94">$48,800,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow23-cell95">Banque Benedict Hentsch said its clients have 56 million Swiss francs at risk. Benedict Hentsch had also recently agreed to merge with Fairfield Greenwich Group, a major Madoff distributor. When the news of Mr. Madoff's arrest broke, it scrambled to undo that deal.
</td></tr><tr class="yui-dt-even" style="" id="yui-dt0-bdrow24"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow24-cell96">Fairfield, Conn.
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow24-cell97">town pension fund
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow24-cell98">$42,000,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow24-cell99">The town's employees board and police and fire board, which cover 971 workers, had $41.9 million invested with Madoff, said Paul Hiller, Fairfield's chief fiscal officer.
</td></tr><tr class="yui-dt-odd" style="" id="yui-dt0-bdrow25"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow25-cell100">Bramdean Alternatives
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow25-cell101">An asset manager
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow25-cell102">$31,200,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow25-cell103">The exposure is about 9.5% of assets.
</td></tr><tr class="yui-dt-even" style="" id="yui-dt0-bdrow26"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow26-cell104">Jewish Community Foundation of Los Angeles
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow26-cell105">The largest manager of charitable gift assets for Los Angeles Jewish philanthropists
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow26-cell106">$18,000,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow26-cell107">The amount invested with Madoff represented less than 5% of the Foundation's assets.
</td></tr><tr class="yui-dt-odd" style="" id="yui-dt0-bdrow27"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow27-cell108">Harel Insurance Investments & Financial Services Ltd.
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow27-cell109">Israel-based insurance firm
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow27-cell110">$14,200,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow27-cell111">N/A
</td></tr><tr class="yui-dt-even" style="" id="yui-dt0-bdrow28"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow28-cell112">Baloise Holding AG
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow28-cell113">Swiss insurer
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow28-cell114">$13,000,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow28-cell115">N/A
</td></tr><tr class="yui-dt-odd" style="" id="yui-dt0-bdrow29"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow29-cell116">Societe Generale
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow29-cell117">French Bank
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow29-cell118">$12,320,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow29-cell119">The company says its exposure, which is less than 10 million euros, is "negligible."
</td></tr><tr class="yui-dt-even" style="" id="yui-dt0-bdrow30"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow30-cell120">Groupama SA
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow30-cell121">French insurer
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow30-cell122">$12,320,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow30-cell123">Exposure is around 10 million euros.
</td></tr><tr class="yui-dt-odd" style="" id="yui-dt0-bdrow31"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow31-cell124">Credit Agricole SA
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow31-cell125">French bank
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow31-cell126">$12,320,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow31-cell127">Exposure is less than 10 million euros.
</td></tr><tr class="yui-dt-even" style="" id="yui-dt0-bdrow32"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow32-cell128">Richard Spring
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow32-cell129">individual investor
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow32-cell130">$11,000,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow32-cell131">A Boca Raton resident and former securities analyst, says he had about 95% of his net worth invested with Mr. Madoff. Mr. Spring said he was also one of the unofficial agents who connected Mr. Madoff with dozens of investors, from a teacher who put in $50,000 to entrepreneurs and executives who would put in millions.
</td></tr><tr class="yui-dt-odd" style="" id="yui-dt0-bdrow33"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow33-cell132">RAB Capital
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow33-cell133">hedge fund
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow33-cell134">$10,000,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow33-cell135">N/A
</td></tr><tr class="yui-dt-even" style="" id="yui-dt0-bdrow34"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow34-cell136">Banco Popolare
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow34-cell137">Italian bank
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow34-cell138">$9,860,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow34-cell139">The company says it had indirect exposure of up to 8 million euros; maximum lost on funds distributed to institutional, private clients is about 60 million euros.
</td></tr><tr class="yui-dt-odd" style="" id="yui-dt0-bdrow35"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow35-cell140">Korea Teachers Pension
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow35-cell141">A 10 trillion won Korean pension fund
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow35-cell142">$9,100,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow35-cell143">N/A
</td></tr><tr class="yui-dt-even" style="" id="yui-dt0-bdrow36"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow36-cell144">Swiss Life Holding
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow36-cell145">Swiss insurer
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow36-cell146">$78,900,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow36-cell147">Swiss Life said it has indirectly invested assets worth around 90 million Swiss francs through funds of funds managed by Madoff Investment Securities.
</td></tr><tr class="yui-dt-odd" style="" id="yui-dt0-bdrow37"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow37-cell148">North Shore-Long Island Jewish Health System
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow37-cell149">health system
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow37-cell150">$5,700,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow37-cell151">Exposure represents less than 1% of the health system's investment portfolio. A donor agreed to reimburse the system for any losses.
</td></tr><tr class="yui-dt-even" style="" id="yui-dt0-bdrow38"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow38-cell152">Neue Privat Bank
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow38-cell153">Swiss bank
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow38-cell154">$5,000,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow38-cell155">The bank invested in a certificate based on a hedge fund with exposure to Madoff
</td></tr><tr class="yui-dt-odd" style="" id="yui-dt0-bdrow39"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow39-cell156">Clal Insurance Enterprise Holdings
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow39-cell157">An Israel-based financial services company
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow39-cell158">$3,100,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow39-cell159">N/A
</td></tr><tr class="yui-dt-even" style="" id="yui-dt0-bdrow40"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow40-cell160">Ira Roth
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow40-cell161">individual investor
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow40-cell162">$1,000,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow40-cell163">Mr. Roth, a New Jersey resident, says his family has about $1 million invested through Mr. Madoff's firm.
</td></tr><tr class="yui-dt-odd" style="" id="yui-dt0-bdrow41"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow41-cell164">Mediobanca SpA
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow41-cell165">via its subsidiary Compagnie Monegasque de Banque.
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow41-cell166">$671,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow41-cell167">Limited to $671,000 via its Compagnie Monegasque de Banque. via its subsidiary Compagnie Monegasque de Banque.
</td></tr><tr class="yui-dt-even" style="" id="yui-dt0-bdrow42"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow42-cell168">Fred Wilpon
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow42-cell169">owner of New York Mets
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow42-cell170">N/A
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow42-cell171">N/A
</td></tr><tr class="yui-dt-odd" style="" id="yui-dt0-bdrow43"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow43-cell172">Steven Spielberg
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow43-cell173">The Spielberg charity -- the Wunderkinder Foundation
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow43-cell174">N/A
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow43-cell175">N/A
</td></tr><tr class="yui-dt-even" style="" id="yui-dt0-bdrow44"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow44-cell176">JEHT Foundation
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow44-cell177">A New York foundation focused on electoral and criminal justice reform
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow44-cell178">N/A
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow44-cell179">The foundation, which stands for Justice, Equality, Human dignity and Tolerance, will close its doors at the end of January 2009. Major donors Jeanne Levy-Church and Kenneth Levy-Church had all their funds managed through Madoff.
</td></tr><tr class="yui-dt-odd" style="" id="yui-dt0-bdrow45"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow45-cell180">Mortimer B. Zuckerman Charitable Remainder Trust
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow45-cell181">The charitable trust of real-estate magnate, who owns the Daily News and U.S. News & World Report
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow45-cell182">N/A
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow45-cell183">Funds exposed represented 11% of the value of that charitable trust.
</td></tr><tr class="yui-dt-even" style="" id="yui-dt0-bdrow46"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow46-cell184">Robert I. Lappin Charitable Foundation
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow46-cell185">A Massachusetts-based Jewish charity
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow46-cell186">N/A
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow46-cell187">The group, which financed trips for Jewish youth to Israel, was forced to close because the money that supported its programs was invested with Madoff.
</td></tr><tr class="yui-dt-odd" style="" id="yui-dt0-bdrow47"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow47-cell188">Chais Family Foundation
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow47-cell189">A charity that gave to Jewish causes
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow47-cell190">N/A
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow47-cell191">Money manager Stanley Chais managed investments he called "the arbitrage partnerships," according to investors and firm correspondence. His California-based charity group invested entirely with Madoff, and was forced to shut down operations after years of donating some $12.5 million annually to Jewish causes in Israel and Eastern Europe.
</td></tr><tr class="yui-dt-even" style="" id="yui-dt0-bdrow48"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow48-cell192">KBC Group NV
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow48-cell193">Belgian banking and insurance group
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow48-cell194">N/A
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow48-cell195">No direct exposure; some indirect exposure through collateralized loans, but the exposure is very limited and immaterial to KBC's earnings. KBC has also made some loan advances to institutional customers who have invested in funds managed by Madoff Investment Securities, but this shouldn't have any material impact either, the company said.
</td></tr><tr class="yui-dt-odd" style="" id="yui-dt0-bdrow49"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow49-cell196">Barclays PLC
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow49-cell197">British bank
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow49-cell198">N/A
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow49-cell199">The bank says it has "minimal" exposure" and is "fully collateralized"
</td></tr><tr class="yui-dt-even" style="" id="yui-dt0-bdrow50"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow50-cell200">Dexia
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow50-cell201">French bank
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow50-cell202">N/A
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow50-cell203">No direct investments in funds managed by Madoff,; private banking clients have total exposure of 78 million euros to funds primarily invested in Madoff funds. Indirectly, Dexia is exposed through partially collateralized lending operations to funds exposed to Madoff funds for a gross amount of 164 million euros. If the assets managed by Madoff Investment Securities were nil, the above mentioned lending operations could trigger an after tax loss of about 85 million euros for Dexia.
</td></tr><tr class="yui-dt-odd" style="" id="yui-dt0-bdrow51"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow51-cell204">Allianz Global Investors
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow51-cell205">The asset management unit of German insurer Allianz SE
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow51-cell206">N/A
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow51-cell207">The unit says exposure "is not significant."
</td></tr><tr class="yui-dt-even" style="" id="yui-dt0-bdrow52"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow52-cell208">Banco Espanol de Credito SA (Banesto)
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow52-cell209">A Spanish bank contolled by Banco Santander
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow52-cell210">N/A
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow52-cell211">Its clients have a total 2 million euro exposure; The amount is included in the 2.33 billion euros already disclosed by parent company Banco Santander.
</td></tr><tr class="yui-dt-odd" style="" id="yui-dt0-bdrow53"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow53-cell212">CNP Assurances
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow53-cell213">French insurer
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow53-cell214">N/A
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow53-cell215">No direct exposure. Indirect exposure of 3 million euros via a fund of funds
</td></tr><tr class="yui-dt-even" style="" id="yui-dt0-bdrow54"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow54-cell216">UBS AG
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow54-cell217">Swiss bank
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow54-cell218">N/A
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow54-cell219">The bank says is has "no material exposure." It declined to comment on press reports that its funds-of-funds for clients had $1.4 billion in exposure
</td></tr><tr class="yui-dt-odd" style="" id="yui-dt0-bdrow55"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow55-cell220">Yeshiva University
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow55-cell221">A New York-based private university
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow55-cell222">$14,500,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow55-cell223">The university's chief financial officer said that the school's actual principal investment in a hedge fund linked to Madoff had been only $14.5 million. On paper, that stake had exploded in value over the past 15 years to $110 million. Although the university had "no direct investments" in Madoff's firm, a portion of its endowment had been invested for 15 years with Ascot Partners, which had "substantially all its assets invested with Madoff." J. Ezra Merkin had been a University trustee but has resigned. Madoff was also on the school's board but has resigned.
</td></tr><tr class="yui-dt-even" style="" id="yui-dt0-bdrow56"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow56-cell224">The Elie Wiesel Foundation for Humanity
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow56-cell225">The charitable foundation of Nobel laureate
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow56-cell226">$15,200,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow56-cell227">The Foundation's mission, rooted in the memory of the Holocaust, is to combat indifference, intolerance and injustice through international dialogue and youth-focused programs that promote acceptance, understanding and equality. It said it invested "substantially all" of its assets.
</td></tr><tr class="yui-dt-odd" style="" id="yui-dt0-bdrow57"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow57-cell228">Leonard Feinstein
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow57-cell229">The co-founder of retailer Bed Bath & Beyond
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow57-cell230">N/A
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow57-cell231">N/A
</td></tr><tr class="yui-dt-even" style="" id="yui-dt0-bdrow58"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow58-cell232">Sen. Frank Lautenberg
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow58-cell233">The charitable foundation of the New Jersey Senator's family
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow58-cell234">N/A
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow58-cell235">N/A
</td></tr><tr class="yui-dt-odd" style="" id="yui-dt0-bdrow59"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow59-cell236">Norman Braman
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow59-cell237">former owner of Philadelphia Eagles
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow59-cell238">N/A
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow59-cell239">N/A
</td></tr><tr class="yui-dt-even" style="" id="yui-dt0-bdrow60"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow60-cell240">Jeffrey Katzenberg
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow60-cell241">The chief executive of DreamWorks Animation SKG Inc.
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow60-cell242">N/A
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow60-cell243">Mr. Katzenberg's financial affairs along with those of Mr. Spielberg were managed by Mr. Breslauer, Mr. Katzenberg has suffered millions in Madoff-connected losses, say people familiar with the matter.
</td></tr><tr class="yui-dt-odd" style="" id="yui-dt0-bdrow61"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow61-cell244">Gerald Breslauer
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow61-cell245">The Hollywood financial advisor to Steven Spielberg and Jeffrey Katzenberg
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow61-cell246">N/A
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow61-cell247">Along Messrs Katzenberg and Spielberg, Mr. Breslauer himself has likely sustained heavy losses in the Madoff affair. He customarily invests alongside his clients, say these people, and has sometimes been a larger investor than the people he represented
</td></tr><tr class="yui-dt-even" style="" id="yui-dt0-bdrow62"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow62-cell248">Kingate Management
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow62-cell249">hedge fund
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow62-cell250">N/A
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow62-cell251">Kingate's $2.8 billion hedge fund Kiingate Global Fund reportedly invested heavily with Madoff
</td></tr><tr class="yui-dt-odd" style="" id="yui-dt0-bdrow63"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow63-cell252">Julian J. Levitt Foundation
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow63-cell253">Texas-based charity
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow63-cell254">N/A
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow63-cell255">N/A
</td></tr><tr class="yui-dt-even" style="" id="yui-dt0-bdrow64"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow64-cell256">Loeb family
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow64-cell257">N/A
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow64-cell258">N/A
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow64-cell259">N/A
</td></tr><tr class="yui-dt-odd" style="" id="yui-dt0-bdrow65"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow65-cell260">Lawrence Velvel
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow65-cell261">individual investor
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow65-cell262">N/A
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow65-cell263">Mr. Velvel is dean of the Massachusetts School of Law
</td></tr><tr class="yui-dt-even" style="" id="yui-dt0-bdrow66"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow66-cell264">Fix Asset Management.
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow66-cell265">hedge fund
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow66-cell266">N/A
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow66-cell267">reportedly invested heavily in Madoff's portfolios
</td></tr><tr class="yui-dt-odd" style="" id="yui-dt0-bdrow67"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow67-cell268">Genevalor, Benbassat & Cie.
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow67-cell269">money manager in Geneva
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow67-cell270">N/A
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow67-cell271">Members of the Benbassat family, which run the firm, have long known Mr. Madoff. In a statement on its Web site, Genevalor said it "has been reviewing the potential damages caused to its clients" by the alleged Madoff fraud. A statement from the Thema fund said it had assets with Madoff that were now frozen, but did not elaborate.
</td></tr><tr class="yui-dt-even" style="" id="yui-dt0-bdrow68"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow68-cell272">Banco Espirito Santo
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow68-cell273">Portugese bank
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow68-cell274">$21,400,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow68-cell275">The amount represents about 0.1% of assets under management.
</td></tr><tr class="yui-dt-odd" style="" id="yui-dt0-bdrow69"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow69-cell276">Great Eastern Holding
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow69-cell277">Singapore insurer
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow69-cell278">$44,266,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow69-cell279">Great Eastern said S$7.7 million of its S$64 million exposure is invested from its Life Fund. Great Eastern is 87% owned ny Oversea-Chinese Banking Corp.
</td></tr><tr class="yui-dt-even" style="" id="yui-dt0-bdrow70"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow70-cell280">M&B Capital Advisers
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow70-cell281">Spanish brokerage
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow70-cell282">$52,800,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow70-cell283">The firm is run by the son and son-in-law of the chairman of Banco Santander. Through M&B, private and institutional investors bought more than $214 million in Madoff's funds.
</td></tr><tr class="yui-dt-odd" style="" id="yui-dt0-bdrow71"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow71-cell284">Oddo et Cie
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow71-cell285">French financial services firm
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow71-cell286">$36,957,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow71-cell287">Oddo had invested the money in Lux Alpha fund, for which UBS Luxembourg was custodian. Lux Alpha invested the money in Madoff's funds. Luxembourg authorities ordered UBS Luxembourg to compensate Oddo et Cie for the funds within 24 hours, as well as EUR10,000 for Oddo's legal fees.
</td></tr><tr class="yui-dt-even" style="" id="yui-dt0-bdrow72"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow72-cell288">Royal Dutch Shell pension fund
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow72-cell289">Global energy and petrochemical company
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow72-cell290">N/A
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow72-cell291">The pension fund fund has an indirect investment that may be affected. The fund originally invested $45 million. The alleged fraud won't affect the financial position and funding status of the fund.
</td></tr><tr class="yui-dt-odd" style="" id="yui-dt0-bdrow73"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow73-cell292">Phoenix Holdings
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow73-cell293">Israeli financial services company
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow73-cell294">$12,600,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow73-cell295">Phoenix's insurance unit invested $15 million over the last three years in funds managed by Thema, which made investments through Madoff. In November, the company requested to redeem $10 million. The payment was due Dec. 12 but Phoenix hasn't received it.
</td></tr><tr class="yui-dt-even" style="" id="yui-dt0-bdrow74"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow74-cell296">Credicorp
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow74-cell297">Peruvian financial services company
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow74-cell298">$4,500,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow74-cell299">Credicorp's Atlantic Security Bank unit has $1 million in direct exposure and up to $3.5 million in potential contingencies "related to transactions secured by these investments."
</td></tr><tr class="yui-dt-odd" style="" id="yui-dt0-bdrow75"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow75-cell300">Fukoku Mutual Life Co.
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow75-cell301">Japanese insurer
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow75-cell302">N/A
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow75-cell303">The company said it holds similar investments trusts to those held by Sumitomo Life Insurance Co. but declined to specify the balance. Sumitomo disclosed that it has about 2 billion yen, or about $22 million, exposed via trusts.
</td></tr><tr class="yui-dt-even" style="" id="yui-dt0-bdrow76"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow76-cell304">New York Law School
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow76-cell305">law school in New York City
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow76-cell306">$300,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow76-cell307">The school invested the money through its endowment entity. The school filed an investor lawsuit against J. Ezra Merkin, Ascot Partners and BDO Seidman.
</td></tr><tr class="yui-dt-odd" style="" id="yui-dt0-bdrow77"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow77-cell308">Nipponkoa Insurance
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow77-cell309">Japanese insurer
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow77-cell310">N/A
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow77-cell311">The company said it holds similar investments trusts to those held by Sumitomo Life Insurance Co. but declined to specify the balance. Sumitomo disclosed that it has about Y2 billion exposed via trusts.
</td></tr><tr class="yui-dt-even" style="" id="yui-dt0-bdrow78"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow78-cell312">Sumitomo Life Insurance Co.
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow78-cell313">Japanese insurer
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow78-cell314">$22,000,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow78-cell315">Sumitomo Life didn't invest directly in the Madoff fund but part of its investment trust holdings were linked to it.
</td></tr><tr class="yui-dt-odd" style="" id="yui-dt0-bdrow79"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow79-cell316">Swiss Reinsurance Co.
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow79-cell317">Swiss insurer
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow79-cell318">$3,000,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow79-cell319">Indirect exposure, less than $3 million, is through hedge fund investments; no direct exposure.
</td></tr><tr class="yui-dt-even" style="" id="yui-dt0-bdrow80"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow80-cell320">Aozora Bank Ltd
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow80-cell321">Japanese lender
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow80-cell322">$137,000,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow80-cell323">Aozora entrusted 12.4 billion yen to investment funds, which invested with Madoff. Cerberus Capital Management LP owns a majority stake in Aozora.
</td></tr><tr class="yui-dt-odd" style="" id="yui-dt0-bdrow81"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow81-cell324">UBI Banca
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow81-cell325">Italian bank
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow81-cell326">$86,000,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow81-cell327">The bank said the exposure is linked to proprietary investments. UBI Pramerica and Capitalgest Alternative Investments, the assets-under-management units, have no exposure.
</td></tr><tr class="yui-dt-even" style="" id="yui-dt0-bdrow82"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow82-cell328">Taiyo Life Insurance Co.
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow82-cell329">Japanese insurer
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow82-cell330">$221,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow82-cell331">Taiyo Life didn't invest directly in the Madoff fund.
</td></tr><tr class="yui-dt-odd" style="" id="yui-dt0-bdrow83"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow83-cell332">Caisse d'Epargne
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow83-cell333">French bank
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow83-cell334">$11,100,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow83-cell335">Caisse d'Epargne said 1 million euros was for Caisse Nationale des Caisses d'Epargne, the central hub, and "under 7 million euros" was from its regional level.
</td></tr><tr class="yui-dt-even" style="" id="yui-dt0-bdrow84"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow84-cell336">J. Gurwin Foundation
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow84-cell337">Charity
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow84-cell338">N/A
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow84-cell339">$28 million charity invested heavily in Madoff funds. Gurwin said, "We got a body blow. We did not get killed."
</td></tr><tr class="yui-dt-odd" style="" id="yui-dt0-bdrow85"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow85-cell340">EFG International
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow85-cell341">Swiss private bank
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow85-cell342">N/A
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow85-cell343">EFG clients have $130 million invested in Madoff through third-party funds sold by EFG. In addition, 0.3% of the bank's total invested assets, held in custody, are invested in Madoff.
</td></tr><tr class="yui-dt-even" style="" id="yui-dt0-bdrow86"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow86-cell344">Fire and Police Pension Association of Colorado
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow86-cell345">Pension fund
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow86-cell346">N/A
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow86-cell347">Fund, with $2.5 billion under management, had $60 million invested with Fairfield Greenwich until six months ago
</td></tr><tr class="yui-dt-odd" style="" id="yui-dt0-bdrow87"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow87-cell348">International Olympic Committee
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow87-cell349">Olympic organizer
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow87-cell350">$4,800,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow87-cell351">The IOC's exposure represents about 1% of its total investment portfolio. Organizing committee confirmed they will be able to meet their obligations.
</td></tr><tr class="yui-dt-even" style="" id="yui-dt0-bdrow88"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow88-cell352">Support Organization for the Madison Cultural Arts District
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow88-cell353">Wisconsin cultural organization
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow88-cell354">N/A
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow88-cell355">$18 million invested with Fairfield Greenwich until September. A spokesman for the Overture Center in Madison, Wis., built with SOMCAD funds, said, "Speculation that SOMCAD could be on the hook is not outlandish."
</td></tr><tr class="yui-dt-odd" style="" id="yui-dt0-bdrow89"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow89-cell356">Credit Industrial et Commercial
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow89-cell357">French financial-services group
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow89-cell358">$125,400,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow89-cell359">The bank has no direct exposure to Madoff but could be affected through an intermediary.
</td></tr><tr class="yui-dt-even" style="" id="yui-dt0-bdrow90"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow90-cell360">Hadassah
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow90-cell361">U.S. women's zionist organization
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow90-cell362">$90,000,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow90-cell363">N/A
</td></tr><tr class="yui-dt-odd" style="" id="yui-dt0-bdrow91"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow91-cell364">United Association Plumbers & Steamfitters Local 267 in Syracuse
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow91-cell365">Local union pension and health care funds
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow91-cell366">N/A
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow91-cell367">The union is still trying to determine the extent of its losses. Its investments with Mr. Madoff go back 15 years.
</td></tr><tr class="yui-dt-even" style="" id="yui-dt0-bdrow92"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow92-cell368">Ramaz School
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow92-cell369">A Jewish school in New York
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow92-cell370">$6,000,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow92-cell371">N/A
</td></tr><tr class="yui-dt-odd" style="" id="yui-dt0-bdrow93"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow93-cell372">Congregation Kehilath Jeshurun
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow93-cell373">A synagogue in New York
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow93-cell374">$3,500,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow93-cell375">N/A
</td></tr><tr class="yui-dt-even" style="" id="yui-dt0-bdrow94"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow94-cell376">The Maimonides School
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow94-cell377">A Jewish day school in Brookline, Mass.
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow94-cell378">$3,000,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow94-cell379">The school did not directly invest with Madoff, but the school was the sole beneficiary of a trust that lost about $3 million.
</td></tr><tr class="yui-dt-odd" style="" id="yui-dt0-bdrow95"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow95-cell380">Yad Sarah
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow95-cell381">An Israeli nonprofit
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow95-cell382">$1,500,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow95-cell383">With a $21 million budget in 2008, Yad Sarah likely won't expand operations or develop any new services or projects in 2009.
</td></tr><tr class="yui-dt-even" style="" id="yui-dt0-bdrow96"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow96-cell384">Kevin Bacon and wife Kyra Sedgwick
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow96-cell385">Hollywood actors
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow96-cell386">N/A
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow96-cell387">Mr. Bacon's publicist, Allen Eichhorn, confirmed that the couple had investments with Madoff, but wouldn't say how much money they might have lost.
</td></tr><tr class="yui-dt-odd" style="" id="yui-dt0-bdrow97"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow97-cell388">Eric Roth
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow97-cell389">Hollywood screenwriter
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow97-cell390">N/A
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow97-cell391">His credits include "Forrest Gump" and "The Curious Case of Benjamin Button."
</td></tr><tr class="yui-dt-even" style="" id="yui-dt0-bdrow98"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow98-cell392">Henry Kaufman
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow98-cell393">Individual investor, former Salomon Brothers chief economist
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow98-cell394">N/A
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow98-cell395">The former Salomon Brothers chief economist's bearish views decades ago earned him the nickname "Dr. Doom." Mr. Kaufman, 81 years old, lost several million dollars. He had the money in a brokerage account with Bernard L. Madoff Investment Securities for more than five years. Mr. Kaufman said the amount was "no more than a couple percent of my entire net worth," estimated to be several hundred million dollars.
</td></tr><tr class="yui-dt-odd" style="" id="yui-dt0-bdrow99"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow99-cell396">New York University
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow99-cell397">University
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow99-cell398">$24,000,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow99-cell399">NYU filed a lawsuit claiming J. Ezra Merkin turned over his investment responsibilities to Madoff's funds and lost $24 million of the school's money. The suit names as defendants Merkin's Ariel Fund Ltd.; the fund's investment manager, Gabriel Capital Corp.; and Fortis Bank. NYU had invested $94 million in Ariel, a partnership between Merkin and Fortis, in the mid-1990s. A lawyer for Mr. Merkin said the school only invested $30 million and made $60 million. Ariel plans to liquidate due to Madoff-related losses, but a temporary restraining order prohibits assets from being transferred out of the fund.
</td></tr><tr class="yui-dt-even" style="" id="yui-dt0-bdrow100"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow100-cell400">Aioi Insurance Co.
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow100-cell401">Japanese insurer
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow100-cell402">$1,100,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow100-cell403">Aioi said it didn't make a direct investment in the Madoff fund.
</td></tr><tr class="yui-dt-odd" style="" id="yui-dt0-bdrow101"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow101-cell404">Meiji Yasuda Life Insurance Co.
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow101-cell405">Japanese insurer
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow101-cell406">$1,100,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow101-cell407">Meiji Yasuda didn't invest directly in the Madoff fund.
</td></tr><tr class="yui-dt-even" style="" id="yui-dt0-bdrow102"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow102-cell408">Mitsui Sumitomo Insurance Co.
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow102-cell409">Japanese insurer
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow102-cell410">$8,800,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow102-cell411">Mitsui Sumitomo didn't invest directly in the Madoff fund.
</td></tr><tr class="yui-dt-odd" style="" id="yui-dt0-bdrow103"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow103-cell412">Burt Ross
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow103-cell413">former mayor of a town in New Jersey
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow103-cell414">$5,000,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow103-cell415">Mr. Ross believes he has lost about $5 million, the bulk of his net worth, investing with Madoff.
</td></tr><tr class="yui-dt-even" style="" id="yui-dt0-bdrow104"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow104-cell416">Genium Advisors
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow104-cell417">Swiss money manager
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow104-cell418">$281,400
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow104-cell419">Exposure is nearly 6.7% of a E$4.2 million fund invested in Fairfield Sentry Roland Priborsky, Genium's chief, said he was comfortable with the Fairfield Sentry investment in part because it was included in a list of funds on which Union Bancaire Privee said it had done due diligence.
</td></tr><tr class="yui-dt-odd" style="" id="yui-dt0-bdrow105"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow105-cell420"> Sterling Stamos Capital Management LP
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow105-cell421">Investment firm with offices in New York City and Menlo Park, Calif.
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow105-cell422">N/A
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow105-cell423">Six funds each have 1.5%-3% of assets exposed to Madoff. In a Dec. 30 letter sent to clients, the investment firm said it has "some limited indirect exposure" to Madoff. This came after the firm issued a press release on Dec. 12 denying any Madoff investments. The exposure was through Gabriel Capital LP or Gabriel's offshore affiliate Ariel Fund Ltd.
</td></tr><tr class="yui-dt-even" style="" id="yui-dt0-bdrow106"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow106-cell424"> Gabriel Partners
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow106-cell425">Money-management firm run by GMAC Chairman Ezra Merkin.
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow106-cell426">N/A
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow106-cell427">Gabriel Capital Corp. is the investment manager for Merkin's Ariel fund. The Ariel hedge fund plans to liquidate because of losses to Madoff's alleged fraud.
</td></tr><tr class="yui-dt-odd" style="" id="yui-dt0-bdrow107"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow107-cell428"> The Diocese of St. Thomas
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow107-cell429">Catholic church in the U.S. Virgin Islands
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow107-cell430">$2,000,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow107-cell431">Most of the money represented endowment funds for youngsters at two Catholic elementary schools in St. Croix, the poorest of the U.S. Virgin Islands.
</td></tr><tr class="yui-dt-even" style="" id="yui-dt0-bdrow108"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow108-cell432"> Phyllis Molchatsky
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow108-cell433">individual investor
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow108-cell434">$17,000,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow108-cell435">Ms. Molchatsky, a 61-year-old retiree Valley Cottage, N.Y., from filed a claim against the Securities and Exchange Commission alleging the agency was negligent in failing to detect an alleged decades-long fraud.
</td></tr><tr class="yui-dt-odd" style="" id="yui-dt0-bdrow109"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow109-cell436"> Members of the Hillcrest Golf Club of St. Paul, Minn. and Oak Ridge Country Club in Hopkins, Minn.
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow109-cell437">country clubs
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow109-cell438">N/A
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow109-cell439">Investors from the two clubs may have invested more than $100 million combined
</td></tr><tr class="yui-dt-even" style="" id="yui-dt0-bdrow110"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow110-cell440">Bard College
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow110-cell441">University in New York
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow110-cell442">$3,000,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow110-cell443">Bard College, a liberal arts school in Annandale-on-Hudson, N.Y., said it lost about $3 million that J. Ezra Merkin's Ariel Fund had invested with Mr. Madoff without the school's knowledge. The losses on the investment includes profits. A lawyer for Mr. Merkin did not immediately respond to a request for comment.
</td></tr><tr class="yui-dt-odd" style="" id="yui-dt0-bdrow111"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow111-cell444"> Martin Rosenman
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow111-cell445">New York City-based heating oil distributor
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow111-cell446">$10,000,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow111-cell447">Mr. Rosenman, managing member of Rosenman Family LLC, wired $10 million to Madoff via a JPMorgan Chase Bank account on Dec. 5, just six days before Madoff's arrest. The funds weren't supposed to be touched until Jan. 1, according to a suit filed in bankruptcy court, but Mr. Rosenman received a statement Dec. 5 explaining the money was used to sell short $10 million in U.S. Treasuries. There is no record that the Treasury short ever occurred.
</td></tr><tr class="yui-dt-even" style="" id="yui-dt0-bdrow112"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow112-cell448">Marc Rich
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow112-cell449">Fugitive financier
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow112-cell450">N/A
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow112-cell451">Both the Marc Rich Group and Mr. Rich have "insignificant" exposure, held indirectly. A spokeswoman said the exposure "has no material impact on the overall financial situation of the group."
</td></tr><tr class="yui-dt-odd" style="" id="yui-dt0-bdrow113"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow113-cell452">Zsa Zsa Gabor
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow113-cell453">Actress
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow113-cell454">$10,000,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow113-cell455">A lawyer for Ms. Gabor says the 91-year-old actress may have lost as much as $10 million invested through a third-party money manager. The lawyer says the loss was noticed in mid January when Ms. Gabor's husband, Frederic von Anhalt, was checking on the couple's finances.
</td></tr><tr class="yui-dt-even" style="" id="yui-dt0-bdrow114"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow114-cell456">Hadleigh Holdings LLC
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow114-cell457">Miami firm owned by businessman Stanley Kriegler
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow114-cell458">$1,000,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow114-cell459">Hadleigh gave $1 million to Madoff on Dec. 8 -- three days before his arrest. The U.S. Bankruptcy Court ordered that the trustee overseeing the liquidation of Bernard L. Madoff Investment Securities LLC, Irving Picard, reserve funds for Hadleigh, keeping the money out of the bankruptcy state he will distribute to investors until their suits are litigated.
</td></tr><tr class="yui-dt-odd" style="" id="yui-dt0-bdrow115"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow115-cell460">Argus Group Holdings
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow115-cell461">Bermuda insurance and financial services company
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow115-cell462">N/A
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow115-cell463">Argus sent an email to life-insurance policyholders Jan. 16 saying the value of their investments in Tremont Group Holdings' Rye Investment Funds had been written down to zero. Argus, Tremont and the Rye Funds were named in a lawsuit filed on behalf of investors who purchased or held variable universal life insurance policies beginning in January 2003. Argus offered Tremont-managed funds as an investment option for its policies.
</td></tr><tr class="yui-dt-even" style="" id="yui-dt0-bdrow116"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow116-cell464">Auriga International Advisors Ltd.
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow116-cell465">British Virgin Islands hedge fund
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow116-cell466">$348,400,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow116-cell467">The hedge fund was wholly invested in Fairfield Sentry. Majority shareholder Jacques Rauber told Swiss weekly SonntagzZeitung that another fund, Auriga Alternative Strategies, was affected "to a much lesser extent."
</td></tr><tr class="yui-dt-odd" style="" id="yui-dt0-bdrow117"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow117-cell468">Repex Ventures SA
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow117-cell469">British Virgin Islands firm
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow117-cell470">$700,000
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow117-cell471">Repex filed a lawsuit against Sonja Kohn, Bank Medici's chairwoman, Mr. Madoff and others, saying Ms. Kohn didn't disclose that the money was being funneled to Mr. Madoff and that Ms. Kohn didn't do enough due diligence on behalf of her clients.
</td></tr><tr class="yui-dt-even" style="" id="yui-dt0-bdrow118"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow118-cell472">SAR Academy
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow118-cell473">A Yeshiva school in New York
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow118-cell474">N/A
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow118-cell475">One-third of the school's $3.7 million endowment.
</td></tr><tr class="yui-dt-odd yui-dt-last" style="" id="yui-dt0-bdrow119"><td class="yui-dt-first" headers="yui-dt0-th0 " id="yui-dt0-bdrow119-cell476">Picower Foundation
</td><td headers="yui-dt0-th1 " id="yui-dt0-bdrow119-cell477">Florida-based philanthropy
</td><td headers="yui-dt0-th2 " id="yui-dt0-bdrow119-cell478">N/A
</td><td class="yui-dt-last" headers="yui-dt0-th3 " id="yui-dt0-bdrow119-cell479">The foundation, which had been the 71st largest in the U.S., closed its doors because its endowment was managed by Mr. Madoff.
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<script type="text/javascript"> YAHOO.util.Event.addListener(window, "load", function() { YAHOO.example.EnhanceFromMarkup = new function() { this.customNumberFormatter = function(el, oRecord, oColumn, oData) { if(oData != 'N/A' && oData != '0' && oData != 0 && oData != '-99999999'){ el.innerHTML = YAHOO.util.Number.format(oData, { decimalPlaces:2, decimalSeparator:".", thousandsSeparator:"" }); } else if(oData == '-99999999') { el.innerHTML = "N/A"; } else { el.innerHTML = ""; } } this.customCurrencyFormatter = function(el, oRecord, oColumn, oData) { if(oData != 'N/A' && oData != '0' && oData != 0){ el.innerHTML = YAHOO.util.Number.format(oData, { prefix:"$", decimalPlaces:0, decimalSeparator:".", thousandsSeparator:"," }); } else if(oData == 0) { el.innerHTML = "N/A"; } else { el.innerHTML = ""; } } var myColumnDefs = [ {key:'col_0',label:'Investor', sortable:true}, {key:'col_1',label:'Description'}, {key:'col_2',label:'Amount of Exposure', formatter:this.customCurrencyFormatter, sortable:true}, {key:'col_3',label:'Comment'} ]; // var myColumnDefs = [ // {key:"name",label:"Name",sortable:true}, // {key:"ticker",label:"Ticker",sortable:true}, // {key:"morn_cat",label:"Morningstar Category",sortable:true}, // {key:"date",label:"Portfolio Date",sortable:true}, // {key:"tot_exp",label:"Total Exposure",sortable:true}, // {key:"ambac",label:"% Ambac",sortable:true, formatter: 'rowMarker'}, // {key:"bear",label:"% Bear Stearns",sortable:true}, // {key:"fannie",label:"% Fannie Mae",sortable:true} // ]; this.parseNumberFromCurrency = function(sString) { // Remove dollar sign and make it a float var theNumber = sString; //check for currency var theFirstChar = sString.charAt(0); if (theFirstChar == '$' || theFirstChar == '?'){ //str.substr(1, str.length-1) var restOfNumber = sString.substr(1, sString.length-1); } else { var restOfNumber = sString } var numToPass = parseFloat( restOfNumber.replace(/,/g,"") ); return (numToPass); }; this.customNumberParser = function(sString) { // Remove dollar sign and make it a float var theNumber = sString; //check for currency if (theNumber == 'N/A'){ var numToPass = parseFloat( '-99999999'); } else { var numToPass = parseFloat( theNumber ); } return (numToPass); }; this.formatDateCustom = function(sString) { // var incomingDate = Date.parse(sString); var dateToPass = sString.toShortDateString(); // alert("dateToPass: "+dateToPass) return dateToPass; }; this.parseDateCustom = function(sString) { var dateToPass = Date.parse(sString); // alert("dateToPass: "+dateToPass) return dateToPass; }; this.myDataSource = new YAHOO.util.DataSource(YAHOO.util.Dom.get("mySortableTable")); this.myDataSource.responseType = YAHOO.util.DataSource.TYPE_HTMLTABLE; this.myDataSource.responseSchema = { fields: [ {key:'col_0', parser:YAHOO.util.DataSource.parseString}, {key:'col_1', parser:YAHOO.util.DataSource.parseString}, {key:'col_2', parser:this.parseNumberFromCurrency}, {key:'col_3', parser:YAHOO.util.DataSource.parseString} ] }; /* this.myDataTable = new YAHOO.widget.DataTable("markup", myColumnDefs, this.myDataSource, {caption:"Example: Progressively Enhanced Table from Markup", sortedBy:{key:"col_0",dir:"desc"} } ); */ /* this.myDataTable = new YAHOO.widget.DataTable("markup", myColumnDefs, this.myDataSource, {caption:"Example: Progressively Enhanced Table from Markup", sortedBy:{key:"col_0",dir:"desc"}} ); */ this.myDataTable = new YAHOO.widget.DataTable("markup", myColumnDefs, this.myDataSource); }; }); </script> Sources: WSJ reporting; Associated Press; the companies and charities
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