Here in the glamorous United States, New Year’s Eve 2008 is the big day that Bernard Madoff will reveal a detailed list of all investments, loans, lines of credit, business interests, brokerage accounts and other holdings to the Securities and Exchange Commission (SEC).
As all assets will be revealed to Federal regulators, a catalog of Madoff’s assets may reveal targets for angry investors including hedge funds and charities seeking the return of their funds, reports Erik Larson for Bloomberg. It’s a sad end to a tumultuous year.
Otherwise, New Year’s Eve 2008 and New Years Day 2009 is looking quite cozy spent with loved ones.
No matter what your plans, Happy New Year from ETF Trends!