Reports Tremont Group Had $3.3B With Madoff

According to reports from Bloomberg, Tremont Group, a hedge-fund owned by OppenheimerFunds, invested $3.3 billion with Bernard Madoff.

Tremont's Rye Investment Management unit had $3.1 billion or virtually all its assets invested with Madoff. Tremont had another $200 million invested through its fund of funds group.

You May Also Be Interested In

• Sec Probes Alleged Insider Options Trades That Hit Susquehanna - Bloomberg
• Michael Burry Says He Shorted Caterpillar For The First Time - Bloomberg
• Allison Transmission to Join S&P MidCap 400; Goodyear Tire & Rubber to Join S&P SmallCap 600