Skip navigation
MOST POPULAR RELATED TAGS
  • TOPICS
  • SECTORS
  • COMPANIES
Sports Biz Video Gallery
CNBC's Darren Rovell has a preview of the parade and insight on what the Giants winning means for New York and New Jerse...
CNBC's Darren Rovell discusses some of the oddest wagers of the Super Bowl weekend.
darren rovell's sports index
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...

Current DateTime: 10:22:54 09 Feb 2012
LinksList Documentid: 23279670
Expiration DateTime: 2/9/2012 10:24:30 AM

SPORTS BIZ SLIDESHOWS

» More

Current DateTime: 10:22:54 09 Feb 2012
LinksList Documentid: 37998722

DARREN ROVELL'S SPORTS INDEX

Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...

ABOUT SPORTS BIZ

Darren Rovell brings you his unique take on the business of sports: a multi-billion dollar global industry and obsession full of personalities and products. On Sports Biz, Darren will give you his up-to-date take on everything from salaries to endorsement deals to marketing and promotions, trades and tirades – in short, everything that makes sports so exciting.

Sports Biz

Text Size
Dec.17
9:50 AM ET
Wednesday, 17 Dec 2008

Madoff On The Links: A Great "Return" On His Golf Scores?

We don't have any really good data showing specifically how Bernard Madoff pulled off his alleged ponzi scheme that shorted investors out of a potential $50 billion. The only thing we have right now to go on is...his golf scores.

Yes, Madoff was a member of three country clubs: Fresh Meadow and Atlantic Golf Club in New York as well as the Palm Beach Country Club in Florida.

Take a look at these scores. He played 18 times in 1998 and was pretty consistent, though I'd say it's hard to really say since some scores were undoubtedly thrown out by the system. The score that gets me is the last one. He doesn't play for an entire year and still shoots one shot worse than what he shot in his last round of golf, a year before. His index is 9.8, which means his handicap is 12. That's an interesting number considering Madoff's clients would get around a 12 percent return.

 
Source: ghin.com

Questions?  Comments? 

© 2012 CNBC, Inc. All Rights Reserved



Current DateTime: 08:36:39 09 Feb 2012
LinksList Documentid: 29778428

Current DateTime: 11:16:05 08 Feb 2012
LinksList Documentid: 29779196

Current DateTime: 10:00:28 09 Feb 2012
LinksList Documentid: 29779197

Current DateTime: 11:16:05 08 Feb 2012
LinksList Documentid: 29779199
CNBCCNBC
About CNBC  |  Site Map  |  Video Reprints   |  Advertise  |  Help  |  Contact
Privacy Policy  |     |  Terms of Service  |  Independent Programming Report
  Data is a real-time snapshot  *Data is delayed at least 15 minutes
Global Business and Financial News, Stock Quotes, and Market Data and Analysis

© 2012 CNBC LLC.  All Rights Reserved.
A Division of NBCUniversal
Thomson ReutersThomson Reuters