1.0link150980<![CDATA[Madoff Ponzi Scheme Concerns Limit European Gains]]>http://www.huffingtonpost.com/2008/12/15/madoff-ponzi-scheme-conce_n_150980.htmlLONDON — European and U.S. stock markets fell modestly on Monday despite earlier Asian gains, as sentiment was dented by an alleged $50 billion fraudulent investment scheme in the U.S.
The FTSE 100 index of leading British shares closed down 2.79 points, or 0.1 percent, at 4,277.56, while Germany's DAX was 8.55 points, or 0.2 percent, lower at 4,654.82. The CAC-40 in France fell 27.94 points, or 0.9 percent, to 3,185.66.