Latest Breaking News On - Yad sarah - Page 23 : comparemela.com

Madoff scandal rocks Jewish philanthropic world December 15, 2008 1:03 am Richard Joel is president of Yeshiva University, which is said to be at risk of losing at least $100 million in connection with Bernard Madoff s alleged financial scheme. (Ben Harris) Advertisement NEW YORK (JTA) The securities fraud of Bernard Madoff has rocked the Jewish nonprofit world and the worst may be yet to come. Madoff, the founder of Bernard L. Madoff Investment Securities LLC, was arrested Dec. 11 after admitting to his board that a hedge fund he ran was essentially a $50 billion Ponzi scheme. At least two foundations have been forced to close because they had invested their funds with Madoff.

New yorkUnited statesYeshiva universityPenzenskaya oblastRamaz schoolState of israelJohn ruskaySandy gottesmanMortimer zuckermanKehilath jeshurunFred wilponJ ezra merkinBernard madoffLos angelesRobert berenCarl shapiro