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Blog entries tagged: Madoff

Prosecutors: Net losses in Madoff scam around $13 billion

By Jacob Berkman · September 23, 2009

According the Associated Press, Federal prosecutors said Tuesday that about half of the victims of Bernard Madoff had no net loss because they withdrew at least as much from their accounts as they had invested.

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Cali. attorney general sues Stanley Chais for role in Madoff scheme

By Jacob Berkman · September 22, 2009

California’s attorney general is suing the financial manager who was one of the primary conduits to Bernard Madoff’s Ponzi scheme, the attorney general’s office announced Tuesday.

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Head of Indiana school on philanthropy spins positive on Jewish giving

By Jacob Berkman · September 9, 2009

eJewishphilanthropy has an interesting post today in which Bob Evans and Avrum Lapin of EHL Consultants spoke with the new head of the Center on Philanthropy at Indiana University, Patrick Rooney, about Jewish philanthropy.

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Want to buy Madoff’s beach house?

By Jacob Berkman · September 9, 2009

The hottest spot in the Hamptons last weekend was not a sceney club, but rather Bernard Madoff’s old beach house, which is now up for sale for $8.75 million, writes the Times’ Allen Salkin:

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Bloomberg News: Madoff trustee now says charity clawbacks possible

By Jacob Berkman · September 2, 2009

After months of skirting the question, Irving Picard has told Bloomberg News that he may indeed go after charities that profited from their investments with Bernard Madoff

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Washington Post rounds up the Bernie books

By Jacob Berkman · August 31, 2009

The Washington Post has a roundup of three of the recently released Madoff books, “too Good to be True by Erin Arvedlund, “Betrayal” by Andrew Kirtzman and Madoff With the Money by Jerry Oppenheimer.

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Bernie has cancer. Then he doesn’t

By Jacob Berkman · August 24, 2009

Madoff does not have cancer.

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Bernie’s endowment envy

By Jacob Berkman · August 19, 2009

A former Hadassah official who claims to have had an affair with Bernie Madoff, may have inadvertently explained what could possibly motivate someone to steal so much money from charities.

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Madoff’s wife sued for $45 million by Madoff’s trustee

By Jacob Berkman · July 30, 2009

The trustee for Bernard Madoff’s estate, charged with returning as much money to Madoff’s victims as possible, is suing the Ponzi schemer’s wife Ruth for $45 million.