Top 5 Banks Hit Hardest by the Alleged Madoff Fraud (So Far)

And $29 billion of the $50 billion exposed is still unaccounted for

Posted December 17, 2008

1. Fairfield Greenwich — $7.5 billion
2. Santander — $3.1 billion
3. Kingate — $2.5 billion
4. Fortis Bank Nederland — $1.3 billion
5. HSBC — $1 billion