Word: bernardes
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Bacon, Kevin • victimization by Bernard Madoff...
...while our collective indifference can kill us. Nobel Prize-winning author and Holocaust survivor Elie Wiesel knows this all too well. What must Wiesel be thinking right now? His Foundation for Humanity destroyed by a big-shot Jewish financier? Impossible. But the foundation had $15.2 million under management with Bernard Madoff Investment Securities. This represented substantially all of the foundation's assets. And the double hit for charities like Wiesel's is that there will be no tax recovery available...
...ground offensive is still likely. For the past two days, Israeli leaders have said they will not agree to an early cease-fire and instead want to cripple Hamas permanently. Sources in Israel's Defense Ministry said Defense Minister Ehud Barak gave France's Foreign Minister, Bernard Kouchner, a polite "no" to his request for a 48-hour cease-fire. But today, as the voices of well-known Israeli writers joined the call for an immediate end to hostilities, the idea of a cease-fire was still being debated, according to the Defense Ministry sources. It's probably no coincidence...
That the e-mail came just days after Wall Street trader Bernard L. Madoff had been accused of running a $50 billion Ponzi scheme—the largest in history by a single individual—made Flier and Kahn immediately suspect that something was amiss. The doctors were on their way to meeting to present the results of their diabetes research thus far to Picower, whose foundation supported the work...
...with great sadness that I write to inform you that the Picower Foundation has ceased all grant-making, effective immediately, and will close its doors in the coming months,” Picower wrote. “The foundation’s endowment was managed by Bernard L. Madoff, who, as you well know, was arrested on Dec. 11 for securities fraud...