A respected Wall Street finaical House Manager has been arrested in America over an alledged $50 billion fraud, has left some large world banks and other finacial institutions as well as individual investmentors, struggling in the faced of the lost billions. 

 

 

"I think now it is very difficult for people to invest in things that are meant to be regulated in America, because they haven fallen down in the job," Nicola Horlick, the manager of Bramdean Alternatives, which has 9 percent of its funds invested in Madoff's scheme, told the British Broadcasting Corp.