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King, Malkovich among Madoff investor list names
2009-02-05
NEW YORK - Larry King and John Malkovich were among the thousands of names listed as clients who invested with Bernard Madoff. The list was made public Wednesday in a court filing in U.S. Bankruptcy Court in Manhattan. It supplied a handful of bold-faced names that further evidenced the reach into the entertainment world of Madoff's alleged Ponzi scheme. Larry King's spokesman, Howard Rubenstein, said the CNN host suffered "not substantial losses." Rubenstein declined to answer further questions on King's investments with Madoff. Managers for Malkovich, whose films include "Dangerous Liaisons" and "In the Line of Fire," didn't return messages left Thursday. Prosecutors say Madoff admits he lost more than $50 billion belonging to investors. Defense lawyers say he has cooperated with authorities to help identify assets. The list -- compiled by AlixPartners LLP, a Dallas company hired as claims agent by the trustee overseeing the liquidation of Bernard L. Madoff Investment Securities LLC -- wasn't necessarily comprehensive since some may have invested through an intermediary investment firm. Previously, other Hollywood connections to the fallout from Madoff's alleged fraud emerged. Kevin Bacon and his wife Kyra Sedgwick earlier acknowledged they had investments with Madoff, though they were not on the list. A lawyer for Zsa Zsa Gabor has said the 91-year-old actress may have lost as much as $10 million invested in the alleged Madoff pyramid scheme. She also was not on the list. The 162-page list also included Steven Spielberg's Wunderkinder Foundation and organizations for the late singer-songwriter John Denver. The Elie Wiesel Foundation for Humanity, a foundation named for the Jewish writer and activist, was also listed. The foundation earlier announced that it had $15.2 million -- nearly all of its assets -- under management with Madoff's firm.
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