Business
Jewish charities suffer from fraud case
Yitzhak Benhorin
Published: 14.12.08, 09:15
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14 Talkbacks for this article
1. shame on him
Dave ,   Israel   (12.14.08)
2. 1 yup ..what a shame
R Hitchings ,   Methil   (12.14.08)
If the guy did good work for Charity ... However this may just be the tip of the icebrerg....
3. This single event signals an impending disaster
Al   (12.14.08)
for American Jews. Obama and all will be taking their revenge on the Jews and the Jewish bankers of Wall Strret. Israel is due for some very handed handling by Obama. The Jews of israel and the rest of the world best save their pennies for an impending economic disaster is due your way. To the Jews of America, either learn to defend yourselves of you will become hsitory. To the Jews of israel you have become history as you obviously gave up defending yourselves a long time ago.
4. 3.. You Must remain Calm.. despite the tragic unfolding Even
R Hitchings ,   Methil   (12.14.08)
Yes it looks that way..an impending disaster for American Jews and others no doubt.... However I Feel we must give Mr Obama a chance before we make comments such as you have made... the racist comment about "Obama taking revenge on the Jews" is extreme by any measure..It almost like you suggest that the Credit Crunch was engineered to be harmful to Jews more than others.
5. less
darryl ,   israel   (12.14.08)
well less money falling into the pockets of israeli politicians
6. Charities are fron for transferring 50 billion to Israel!
Tayfun_Turkey ,   Istanbul   (12.14.08)
7. If you want Sheldon Adelson to pay for youth aliyahs...
(12.14.08)
you have to visit Las Vegas and stay at his hotel and help reverse his 13 billion dollar loss of worth in one year.
8. I think the Israeli flag on NASDAQ does more harm than good.
Tahl ,   Israel   (12.15.08)
People in the world already have this exaggerated belief that Wall Street and the entire American economy is controlled by Jews. When the economy booms, these are merely quiet allegations. When the credit crunch arrived, these allegations turned into a flood of blatant, ruthless antisemitism. In my opinion, the less connection that Wall Street would have with Jew, the better. There is no need to give further credence to this belief, this is simply more fuel for antisemitism.
9. 7 Time now to look to the future...this is not just a Credi
R Hitchings ,   Methil   (12.15.08)
Sheldon.. has no chance whatsoever of recovering in the near future... In fact I would put money on it.... He will never be near his high point again... as Bob Dylan told us.. The Times.. they are Changin... The world has already changed.
10. EXCOMUNICATE HIM IDEFINATELY!!!!!
Nick Sporek ,   Jerusalem, Israel   (12.15.08)
This is the last thing we need, with anti-Semitism getting worse by the day and the economy is such bad shape. He certainly lives up to the negative stereotypical Jew, perfect ammunition for the all the Jew haters.
11. #6: You have that backwards
Global Citizen ,   Israel & USA   (12.15.08)
Pound-for-pound, Israel has done more for international charity per square km than any other nation. If we didn't have a constant existential threat, we would do more. But that's what really pisses you off, isn't it?
12. 8 indeed, especially after the greatest fraud in History
R Hitchings ,   Methil   (12.15.08)
It might well be that "Never trust a Jew" will be revived because how else can Madoff have gotten away with it. Explain how a 50 billion Dollar scam can happen without the closes people he works with trusting him Implicitly .. Not only has he demeaned and shamed himself and his family .. by Implication .. he has set Jews up to be Mistrusted.
13. theres more people coming forward who got ripped off
adam ,   chicago   (12.19.08)
UPDATED: List Of Victims Of Madoff's Alleged Ponzi Scheme December 18, 2008 Yeshiva University university endowment $140 million Bloomberg Aozora Bank bank $137 million firm statement Hadassah charity $90 million JTA Unione di Banche Italiane bank $84.9 million Bloomberg Nordea bank $65 million Reuters Hyposwiss bank $50 million Reuters Banque Benedict Hentsch bank $47.5 million firm statement Royal Dutch Shell pension $45 million Reuters Great Eastern Holdings bank $43.9 million Reuters Town of Fairfield, Conn. pension fund $42 million Associated Press Royal Bank of Canada bank $40.4 million Globe and Mail Wolosoff Foundation charity $38 million FINalternatives Bramdean Asset Management alternatives firm $31 million WSJ family of Sarah Chew family office $30 million Time Mortimer B. Zuckerman Charitable Remainder Trust (New York Daily News owner's charity) charity $30 million CNBC Arthur I. and Sydelle F. Meyer Charitable Foundation charity $29.2 million Palm Beach Post Sumitomo Life Insurance Co. insurer $22 million Bloomberg Madoff Family Foundation charity $19 million WSJ Los Angeles Jewish Community Foundation charity $18 million Jewish Journal KSM Capital Advisors investment firm $15 million Indianapolis Business Journal The Phoenix Holdings insurer $15 million firm statement Harel Insurance Investments and Financial Services insurer $14.2 million firm statement Alicia Koplowitz individual $13.7 million Europa Press Groupama insurer $13.6 million firm statement Societe General financial institution less than $13.5 million Reuters Baloise insurer $13 million Reuters Lautenberg Family Foundation charity $12.8 million media reports Kas Bank bank $12.3 million firm statement Massachusetts Pension Reserves Investment Management pension $12 million Reuters Mitsubishi UFJ FInancial Group financial institution $11 million Bloomberg Richard Spring individual $11 million WSJ Hampshire County Council pension $10.7 million IPE RAB Capital hedge fund $10 million Reuters
14. Don't get upset, you stormy Tayfun
Steve Pinto ,   herzliya   (01.31.09)
The last Tayfun from Turkey was when your prime minister stormed off of the stage in Davos, setting your country back ten years for European recognition.. Go become a charitable organization now with Iran and Pakistan.
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