Alleged Madoff fraud has worldwide exposure - Yahoo! News: "'I think now it is very difficult for people to invest in things that are meant to be regulated in America, because they haven fallen down in the job,' Nicola Horlick, the manager of Bramdean Alternatives, which has 9 percent of its funds invested in Madoff's scheme, told the British Broadcasting Corp.
'All through the credit crunch this has been apparent,' Horlick added. 'This is the biggest financial scandal, probably, in the history of the markets.'"
Monday, December 15, 2008
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