February 6, 2009
Mapping Madoff’s victims
Adam mentioned yesterday that you can now search the 162-page list filed in New York court that names some 13,000 Madoff victims. What’s surprising is, actually, how few of them live here in Los Angeles.
Based on talk at places like Hillcrest and all the attention paid to Stanley Chais as one of Madoff’s primary feeders, I would have thought that L.A.‘s Madoff hangover was behind only New York and South Florida. In fact, Madoff’s body count in Minneapolis rivaled that in Los Angeles. Dollars and cents is unclear, but considering the the Twin Cities’ populations, the proportion of investors must have been dramatically higher.
The oddest image on the map? Denver. Seriously. Look at it. The red-dot of pain covers almost the entire state of Colorado.
For more, check out the Wall Street Journal’s map and list here.