Reply #77: The gawker has a post up about how Murdoch is crowing about Zukerman being taken

[Robbien]

http://gawker.com/5109897/media-mogul-scammed-by-hedge+fund-hustler

Daily News publisher Mort Zuckerman is the latest billionaire revealed to have fallen prey to ponzi schemer Bernie Madoff. How many of Rupert Murdoch's papers does it take to cover the story?

At least two! The Wall Street Journal has the scoop, reporting that U.S. News editor and real estate mogul Zuckerman "had significant exposure through a fund that invested substantially all of its assets with Mr. Madoff, according to a person familiar with his investments."

No dollar figure is provided by the Journal, or by the Post, which carried its own summary of the Journal story, just to make sure the owner of the tabloid competition was suitably embarrassed among as diverse an array of New Yorkers as possible.