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December 24, 2008

Madoff scheme deals new hit to FSU Jews

The Ponzi scheme perpetrated by Bernard Madoff is the latest in a string of financial blows to Jewish aid programs in the former Soviet Union, wiping out a major foundation that was the primary funder of Jewish higher education in Russia

Financial tsunami shakes Jewish Community Foundation

\” . . . It\’s a convergence of factors all at once: The government is unraveling, the economy is hurting our supporters and now you have not only the decline on Wall Street but also this fraud. It\’s a perfect storm . . .\”

Madoff’s Redemption

It\’s like a quadruple shot of cheap vodka that you drink quickly on an empty stomach. You feel disgusted and drunk at the same time.

Jewish Money

If you scroll through the list of Madoff\’s philanthropic victims, you\’ll find plenty of evidence that even Jews who have shed every vestige of their ancient practice short of circumcision still resonate to the prophetic call to heal the wider world.

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Shabbat dinner, right in your inbox.

More news and opinions than at a Shabbat dinner, right in your inbox.

More news and opinions than at a Shabbat dinner, right in your inbox.