I heard that even nuns lost money to Bernie, but I couldn't find that story.
Here's the biggest loser I heard of ... not Larry Kings 700k, but his friend Fred Wilpon, owner of the New York Mets to the tune of $500 million dollars
Quote:
Larry King met Madoff through his childhood friend Fred Wilpon, owner of the New York Mets. At the time, King and his wife were looking for a reputable investment firm, and Wilpon suggested he look into Madoff but warned King that the money manager was known for being selective about his clientele. King experienced Madoff's choosiness firsthand, as the latter accepted King into his firm but not King's brother.
When Madoff was arrested in 2008, the broadcasting legend suffered a $700K loss but thankfully, was able to recover it within a few years.
"If I could interview one person on the planet, it'd be Bernie Madoff and the obvious [question] would be 'Why? Why did you do this to people?'" King said.
King's friend, Wilpon, would come out of the Madoff scandal much worse off, taking a hit of $500 million.
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