
Blog entries tagged: Richard Joel
Y.U. acknowledges that it lost $110 million
Yeshiva University President RIchard Joel sent out the following letter Tuesday, acknowledging that the university lost $110 million it had invested with J. Ezra Merkin’s Ascot Partners, which was wiped out by the Bernard Madoff scandal.
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Joel keeps mood light, but addresses Madoff mess at Y.U. dinner Sunday
As news was filtering down that its endowment could have taken a serious hit due to its investment with Bernard Madoff, Yeshiva University held its 84th annual Hanukkah banquet Sunday night at the posh Waldorff Astoria hotel in Manhattan.
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