Thursday, December 18, 2008

The Jewish Week - New York


An excerpt from The Jewish Week - New York...

"Madoff With The Money" could be the headline for much of our coverage this week as our community continues to reel from the shocking news of the alleged $50 billion investment fraud. Washington Correspondent Jim Besser explores the factors that led to what some are calling a "Jewish Atom Bomb,"


Staff Writer Stewart Ain catalogues the litany of Jewish organizations hurt by the alleged Ponzi scheme, and reports on those at Yeshiva University and elsewhere who feel betrayed by Ezra Merkin, a financial and communal leader who funneled his fund's monies into Madoff's, apparently without telling investors.


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