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Category Archives: Bernard Madoff
Inside The Chais Family Foundation
It went bankrupt when Bernie Madoff was arrested. On its 2007 990 IRS filing, it reported assets of $178 million. (2006 filing) From the Los Angeles Times: Chais, 82, did not respond to interview requests. Last week, he told the … Continue reading
Posted in Bernard Madoff, Charity
Tagged assets, bernie madoff, family foundation, honorary doctorates, irs filing, jewish charities, jewish philanthropy, weizmann institute
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Rabbi Haskel Lookstein: A Sermon on the Communal Crisis
Dear Ramaz Family, In my sermon this past Shabbat, I commented on the worldwide financial crisis and the communal crisis, citing the need for perspective. I encourage you to read the remarks, "When Trials and Tribulations Accumulate," as a constructive … Continue reading
Posted in Bernard Madoff
Tagged constructive approach, haskel, ramaz school, thanking god, trials and tribulations, worldwide financial crisis
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The Elie Wiesel Foundation Does Not Have Clean Hands
The losers in the Bernie Madoff scandal rarely have clean hands. They were knowing participants in a scheme that was entirely imprudent and in more jeopardy than a virgin at a jailhouse rodeo. The Elie Wiesel Foundation had $9 million … Continue reading
Posted in Bernard Madoff, Charity
Tagged bernie madoff, Elie Wiesel, elie wiesel foundation, louis rukeyser, rsm mcgladrey, wiesenthal center
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Boston’s Maimonides School Devastated By Bernie Madoff
The Boston Globe reported Dec. 17: The Maimonides School, the oldest and largest Jewish day school in Greater Boston, is warning parents that it has lost a steady source of income because a bequest that benefited the school lost 60 … Continue reading
Posted in Bernard Madoff
Tagged bernie madoff, boston globe, jeffrey swartz, maimonides school, sole beneficiary, timberland co
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Modern Orthodox Ramaz School Ripped Off By Bernie Madoff
Ramaz leaders email their supporters: Dear Ramaz Family, Earlier this week, we sent out a brief message to quickly reassure all those in the Ramaz family that, though Ramaz has exposure resulting from the alleged fraud committed by Bernard … Continue reading
Posted in Bernard Madoff
Tagged Bernard Madoff, bernie madoff, downward spiral, economic uncertainty, financial setbacks, ramaz school
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