Dr Doom of Wall St Is Big Loser with Madoff ; Scandal

Summary


TOP Wall Street economist, Henry Kaufman, dubbed Dr Doom for his bearish predictions, has emerged as a big loser in the Bernard Madoff scandal.

He is said to have lost "several million dollars" of his personal investments with the alleged Ponzi scheme.

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Extract


Dr Doom of Wall St Is Big Loser with Madoff ; Scandal

Kaufman, 81, had invested with Madoff for more than five years. He is famed in the US and Europe fo...

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