{"id":7579,"date":"2008-12-16T12:21:42","date_gmt":"2008-12-16T20:21:42","guid":{"rendered":"http:\/\/lukeford.net\/blog\/?p=7579"},"modified":"2008-12-16T12:21:42","modified_gmt":"2008-12-16T20:21:42","slug":"ramaz-school-exposed-to-bernie-madoff-scam","status":"publish","type":"post","link":"https:\/\/lukeford.net\/blog\/?p=7579","title":{"rendered":"Ramaz School Exposed To Bernie Madoff Scam"},"content":{"rendered":"<p>From the <A HREF=\"http:\/\/www.ramaz.org\/\">Ramaz<\/a> Email List:<\/p>\n<div align=\"left\">Dear Ramaz Family,<\/p>\n<p>Late last week, we learned that Ramaz, through at least one of the funds in which it has endowment and other invested&nbsp;funds,&nbsp;has exposure to the alleged fraud committed by Bernard Madoff and his affiliated businesses.&nbsp; We still are in the process of understanding the facts and the current status of the funds.&nbsp; Based on the information currently available, the maximum potential exposure is approximately $6 million.&nbsp;&nbsp;<\/p>\n<p>Rest assured,&nbsp;Ramaz&#8217;s ability to operate as normal&nbsp;should not be impacted by this situation whatever its outcome and the majority of&nbsp;our endowment and other invested funds are&nbsp;not at issue.<\/p><\/div>\n<div align=\"left\">&nbsp;<\/div>\n<div align=\"left\">Also, many of you have expressed concern regarding the status of the faculty and staff pension program.&nbsp; While we appreciate the concern, please know that our pension funds are managed independently by TIAA-CREF and are not at issue.<\/p>\n<p>Sincerely,<br \/>\n<em>Pamela Rohr, Board Chair<\/p>\n<div>Rabbi Haskel Lookstein, Principal&nbsp;<\/div>\n<div>Judith H. Fagin, Head of School<\/div>\n<p><\/em><\/div>\n","protected":false},"excerpt":{"rendered":"<p>From the Ramaz Email List: Dear Ramaz Family, Late last week, we learned that Ramaz, through at least one of the funds in which it has endowment and other invested&nbsp;funds,&nbsp;has exposure to the alleged fraud committed by Bernard Madoff and &hellip; <a href=\"https:\/\/lukeford.net\/blog\/?p=7579\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[33,14708],"tags":[32251,14729,7585,14777,14776,14775],"class_list":["post-7579","post","type-post","status-publish","format-standard","hentry","category-abuse","category-bernard-madoff","tag-bernard-madoff","tag-bernie-madoff","tag-board-chair","tag-fagin","tag-pension-program","tag-tiaa-cref"],"_links":{"self":[{"href":"https:\/\/lukeford.net\/blog\/index.php?rest_route=\/wp\/v2\/posts\/7579","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lukeford.net\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lukeford.net\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lukeford.net\/blog\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lukeford.net\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7579"}],"version-history":[{"count":1,"href":"https:\/\/lukeford.net\/blog\/index.php?rest_route=\/wp\/v2\/posts\/7579\/revisions"}],"predecessor-version":[{"id":7580,"href":"https:\/\/lukeford.net\/blog\/index.php?rest_route=\/wp\/v2\/posts\/7579\/revisions\/7580"}],"wp:attachment":[{"href":"https:\/\/lukeford.net\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7579"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lukeford.net\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7579"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lukeford.net\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7579"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}