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Tag Archives: ponzi scheme
Jewish Philanthropy Devasted By Bernie Madoff
From the Jerusalem Post: At least $600 million in Jewish charitable funds have been wiped out by the collapse of Bernard Madoff’s Wall Street investment firm, a partial review by The Jerusalem Post revealed Monday. Yet much is still hidden … Continue reading
Posted in Abuse, Jewish Federation
Tagged Bernard Madoff, bernie madoff, jerusalem post, ponzi scheme, worldwide economic downturn, worldwide jewish community
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The Jewish Community Foundation Of Los Angeles Victimized By Bernard Madoff Ponzi Scheme
Bernard Madoff has taken many charities for a ride, including the Jewish Federation in Los Angeles. Cathy Siegel Weiss and Marvin I. Schotland write Dec. 13 to their Jewish Community Foundation [Los Angeles] board of trustees: It has come to … Continue reading
Posted in Abuse, Jewish Federation
Tagged Bernard Madoff, custodial funds, endowment funds, jewish community foundation, ponzi scheme, united jewish fund
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Shame
Because it is closer-knit and more insular, the sense of shame increases in Judaism as you become more religious. In Orthodox Judaism, it is rare to have close friendships with Jews who aren’t Orthodox, let alone non-Jews. I remember when … Continue reading
Posted in Orthodoxy
Tagged Jonathan Rosenblum, orthodox judaism, ponzi scheme, rsquo, sense of shame, turnstiles
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