He had until 5:00 p.m. SEC hasn’t said whether they’ll make that list public but I’m sure it will come out – this story’s too much fun to keep things quiet. The Wall Street Journal suggests that Madoff would be wise to also disclose his offshore accounts but I don’t know – he’s already facing an almost certain life sentence, so how can he be punished further for perpetrating another tiny fraud? I’d try to keep the accounts secret, “for the kids”. Of course, if I were a defrauded investor, I’d have already booked a flight to Mustique to see what’s in Noel’s villa’s walls.
Update, Jan. 1, 2009 (happy New year!): He disclosed, but, for now, the SEC won’t kiss and tell. Speculation by one commentator suggests that much of what’s left of the loot is in offshore accounts and the SEC wants to get to it before foreign countries seize it for their defrauded citizens. Fun, fun fun.