Madoff

What I wonder is where did it all go?

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aqTeL0R2a_R4

By Josh Fineman and Saijel Kishan

Dec. 18 (Bloomberg) -- Clients of Bernard Madoff, the money manager charged with fraud, are still trying to calculate their losses, and Bloomberg’s latest tally of disclosures and news reports shows investors had about $35 billion with his firm.

In some cases, individual investor and bank losses may also be included in the total of reports from funds. Before his arrest last week, Madoff, 70, confessed to employees that his “giant Ponzi scheme” may have cost clients as much as $50 billion, according to an FBI complaint.