Madoff fall-out spreads worldwide

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Series Details 16.12.08
Publication Date 16/12/2008
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Article reports that the fallout from Bernard Madoff’s alleged $50bn fraud spread through the global financial system on the 15 December 2008 as more banks revealed exposures to his firm and the beleaguered hedge fund industry braced for withdrawals from worried clients. This included many in the sectors in Europe.

Related Links
BBC News, 16.12.08: Investors reel from Madoff shock http://news.bbc.co.uk/2/hi/business/7784925.stm

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