Forbes – Following are some of the companies exposed to the alleged $50 billion securities fraud by Wall Street pioneer Bernard Madoff:
* AUSTIN CAPITAL MANAGEMENT – The company managed money for the Massachusetts state pension fund, which lost $12 million with Madoff, the pension fund said.
* BALOISE-Holding AG – The Swiss insurer will have to writedown $13 million after investing in hedge fund Kingate Global, which in turn invested in Madoff’s investment vehicle.
