Arrested the ex-head of Nasdaq Stock Market Bernard Madoffa. He is laid to creation the largest in the world of financial pyramid.

It can be the greatest financial fraud. Madoffa lay to creation of financial pyramid which caused $50 milliards of losses. It is possible that other khedzhingovye funds could lose an about $10 milliard on investments in the fund of Madoffa.

The former head of board of directors of Nasdaq Stock Market created a oya?-fund. As appeared, the income of his participants took place not from financial activity, but ot new clients.

The office of public prosecutor put 70-years-old Madoffu in guilt deception at the market of capital. 20 years of prison and large financial punishment threaten him. The commission of securities and exchanges (SEC) must him put separate prosecutions. SEC acknowledged that all specified on to, that the fund of Madoffa has no assets which it is possible it would be to recover harm.

We will remind, in November, 2008 world khedzh-fondy lost assets on 64 milliards of dollars, on the average the volumes of khedzh-fondov were abbreviated on 0,4-2%.

In October khedzh-fondy lost assets more than on 110 milliards of dollars, going down to the mark in 1,65 trillion of dollars. On the whole for 2008 such funds were lost by 13 percents of assets, that became the worst index for all the time of supervisions from 2000. Reason of commercial failures of funds was become by the outflow of capital, forcing managing companies in a mass order to sell out assets.

A hedge-fund is a private investment fund for the professional participants of market which is managed by a professional manager.