Jewish Journal

  • We’ll survive, says Hadassah, despite the putz that stole Chanukah [VIDEO]

    By The Web Guy

    December 19, 2008 | 7:37 pm

    Hadassah, the womens' Zionist organization, admits that a tough economy -- and the Madoff scandal -- has cost the group dearly, but that won't keep them from fulfilling their mission.

    Here's their video, and here's the transcript:
    A Message from Nancy Falchuk, Hadassah National... read on
  • A nightmare scenario known as ‘The Madoff Syndrome

    By Dean Rotbart

    December 19, 2008 | 2:38 pm

    More awful news awaits the many charities and individuals who have already lost some or all of their wealth to the Bernard L. Madoff swindle.

    As this saga unfolds, it is probable that the government will seek restitution even from some innocent victims if the homes they own, the... read on

  • Even the $50 billion estimate is bogus

    By Dean Rotbart

    December 19, 2008 | 11:22 am

    The $50 billion estimate of how much investors lost in the Bernard L. Madoff Ponzi scheme is likely as bogus as the rest of Madoff’s claims.

    In the week since Madoff was arrested by federal agents in his New York apartment, the world has more or less taken at face value his own... read on

  • ‘Excommunicate Madoff?’ Goldberg asks Wolpe

    By Danielle Berrin

    December 19, 2008 | 2:55 am

    ALTTEXTFrom The Atlantic:

    The Bernard Madoff scandal is provoking spasms of angst and introspection in the American Jewish community (not that we don’t do angst and introspection normally) and I thought I would ask David Wolpe, one of the greatest American rabbis (as well as Christopher... read on

  • Nine West Shoes’ Jerome Fisher—Israel Museum mega-donor—out $150 million

    By The Web Guy

    December 19, 2008 | 2:05 am

    From Jacob Berkman at JTA:

    Jerome Fisher, the owner of Nine West shoes, who reportedly lost $150 million through investments in Bernard Madoff, gave heavily to the Israel Museum, according to the latest 990 tax form for his foundation.

    The Jerome and Anne C. Fisher Charitable... read on

  • Madoff scheme stings Israel

    By Danielle Berrin

    December 18, 2008 | 11:00 pm

    As Bernard Madoff awaits trial in his $10 million Manhattan apartment, non-profit organizations in Israel are closing their doors.

    The Chais Family Foundation, which closed its Encino office last Sunday is now closing its Jerusalem satellite. Foundation chair Avraham Infeld told... read on

  • Jewish Community Foundation moves to recover Madoff funds

    By Brad A. Greenberg

    December 18, 2008 | 9:27 pm

    Since losing $18 million in cash investments—worth $25.5 million on paper at the end of October—the Jewish Community Foundation has emphasized that it is “aggressively pursuing every possible recovery and remedy.” Tomorrow it will make that effort more official when it announces the... read on

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The ripple effect of the Madoff deception.

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