Madoff scandal coverage highlights

Here are the latest coverage highlights of the Madoff Ponzi scheme: 

• The Wall Street Journal offers an extensive look into the fallout with stories highlighting the victims of the scheme and how the scandal may impact European banks and Hedge Fund indices. WSJ bloggers are all over the story, offering important lessons that may be learned from the scandal, why this may actually be a "good thing" and the new questions that should be raised about the effectiveness of the SEC.
• MarketWatch is keeping an eye on how the scandal is affecting financial markets. Despite the string of bad news in recent weeks, the markets remained "resilient" Monday as the Dow Jones Industrial Average ended the day down about 65 points. 
• CNBC looks deeper into the growing list of high-profile investors affected by the scheme. Big banks, hedge funds and celebrities have allegedly been hurt the most. Former chairman of the SEC, Harvey Pitt, said "There were a lot of very sophisticated people who were duped." 
• Bloomberg is investigating the story further, and has found that Madoff may have also ran "an unregistered money-management business alongside his firm's brokerage and investment-advisory subsidiaries." Investigators are also wondering why Madoff's wife's name appeared on several documents. Thus far, Ruth Madoff has not been accused of any crimes related to this matter.