Anger has begun to supplant shock as those who contribute to prominent Jewish charities or work on their behalf gasp for comprehension of the unprecedented percussion that the Bernard L. Madoff investment fraud is having on their favorite causes.
Why is this fraud different from all other frauds?
Years from now, lawyers, journalists and historians are likely to still be debating the causes and consequences of Madoff's massive deception. Untangling the mess will not only be crucial in the bid to provide restitution to some victims, it will also become a case study of how not to repeat the same mistakes.
In the eyes of the American judicial system, said fraud investigators and asset hunters, some innocent victims of Madoff's massive Ponzi scheme are legitimate targets for government and civil actions seeking to compel them to disgorge any gains they derived.
Milken is a good man. Dare I say, a tzadik (righteous one)?
The paradox -- one man possessed of bountiful quantities of good and evil -- is confounding to many who knew Madoff and only now are discovering his dark side.
For now, we must leave the Lost Tribes of Obama on their own. If their ears could not hear and their eyes could not see all the pre-election warnings that a President Obama may cost Israel its very survival, and in a domino effect destabilize the Western world and America, I have yet to discover the magic words that would wake them from their trance.