Morningstar: What Investors Can Learn From Madoff

Author Diana Henriques believes that the Madoff scandal underscores the importance of vigilance and research in selecting an investment advisor. Full article here.

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Madoff by The Numbers

Claims filed: 16,518
Claims approved: 2,409
Lawyers on court mailing list: 216
SIPC’s Legal Bills: est. $138,826,065.25
Rate per billable hour: from $698 to $742

The Toys:
The Jet: 2008 Embraer Legacy 600 jet, price tag $24.8 million
The French Yacht: 2007 88-foot Leopard Superyacht, est. $8.5 million
The US Yacht: 1969 55-foot Rybovich Sportfish, auctioned for $700,000
The Wheels: Monthly lease payments for six luxury sedans, $6,238.79
His Last New Car: 2009 Mercedes Benz S550

Prisoner number: 61727-054.
Lottery tickets that won with this number: 1
Payout: $1,500
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Morningstar: What Investors Can Learn From Madoff

Buy The Wizard of Lies

Connect with Diana

Madoff by The Numbers

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