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Madoff list: Celebs, athletes and ordinary people
Securities | 2009/02/09 08:34
The scope of Bernard Madoff's alleged fraud is detailed in 162 pages of minuscule type — a list of the disgraced money manager's once-trusting customers, including a bevy of the rich, famous and powerful.


In between, though, are all the others — the names you've never heard. A retired teacher from the San Francisco Bay area. An emergency room doctor in Oregon. A carpenter from upstate New York. Thousands of mostly ordinary people, until now all but overlooked. Their voices reveal the true toll of Madoff's scheme, one that cannot be measured in dollars alone.

To do so, would overlook the anger, despair and silent shame they share.

"My wife says, 'keep yourself busy and get your mind off it,'" said Alan English, a Florida business owner whose life savings were lost to Madoff. "But how can I take my mind off something that has destroyed my whole life?"

English is one of thousands of Madoff customers whose names were made public late Wednesday in a filing with the U.S. Bankruptcy Court in Manhattan, and serves as testament to the sweeping nature of Madoff's alleged $50 billion fraud.

The list includes scores of famous names, from Hall of Fame pitcher Sandy Koufax, to World Trade Center developer Larry Silverstein to actor John Malkovich and CNN host Larry King.

But on a list with 13,000 entries, they are the exceptions. Run a finger down the list and what's most noteworthy is that so many of the names are people who might be just another neighbor or co-worker or friend.

They are people like Dr. Bonnie Sidoff, 56, an emergency room physician in West Linn, Ore. Years ago, her mother told her if she ever wanted to invest some money, she couldn't do much better than Bernie Madoff. Evelyn Rosen had never met Madoff personally, but in her circle of Florida country club friends, having money with the New Yorker was "considered an honor," Sidoff said Thursday.



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