dimanche 8 novembre 2009

U.S. : A real estate magnate bought the house Madoff

Steven Roth, a real estate magnate U.S. have bought the house of Bernard Madoff on Long Island for $ 9.4 million (6.3 million), nearly 6% more than its asking price according to an article in The Wall Street Journal. This house with 4 rooms located on the beach in an area frequented by the rich and famous, had been put on sale in September.

Bernard Madoff (71), president and founder of a leading investment firms on Wall Street, was sentenced in June 2009 to 150 years in prison for financial fraud giant estimated at over 50 billion dollars.

The buyer, Steven Roth, CEO of Vorneo is one of the largest owners of commercial buildings in the United States.

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