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Updated 11/07/09 @ 10:12PM EDT
- President Obama canceled a scheduled appearance before the Jewish federations' General Assembly.
- The Union for Reform Judaism passed a resolution urging equal services for Israeli Arabs.
- The International Atomic Energy Agency has evidence that Iran may have tested an advanced nuclear warhead design, according to a British newspaper.
- The United States vetoed an Israeli plan to attack a ship bearing weapons allegedly from Iran to Hezbollah, according to a report in an Arabic-language newspaper.
- The Obama administration expects to keep working with Mahmoud Abbas despite his planned resignation as Palestinian Authority president.
- Obama cancels GA appearance
- Reform endorse qual treatment for Israeli Arabs
- Iran may have tested secret nuclear warhead design
- Report: U.S. stopped Israeli attack on weapons ship
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- Groups blast UNGA Goldstone vote
- Israel delivers swine flu vaccines to Palestinian Authority
- Abbas announces he won’t run for re-election
- Mideast peace push cited in Obama Nobel
- Obama’s Nobel, Israel’s problem?
- Jews of color come together to explore identity
- FBI: Alleged spy wannabe asked for Israeli citizenship
- Family likely murdered by professional killer
- New signs that Ethiopian aliyah will resume
- U.S. appetite for Israeli food grows
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Posted in: Madoff scandal rocks Jewish philanthropic world
12/19/08 01:30 AM
Three entities are involved. They are all mutually exclusive. One doesn't know about the other. I think the third one is at fault with their inherently God-given so very important characteristics they cannot live without. * Bernie Madoff managed to lure billions of dollars away from huge charities, as well as wealthy individuals in both the United States and Europe by getting them to invest in his hedge fund.That seems to be the American way these days. The judge threw the book at him which is also another American way of doing things. He "confined" Madoff in his $7 million apartment in Manhattan, NY City. I don't know but I bet the apartment is on Park Avenue. Where else would the poor guy live? He embezzled, to the tune of $50 billion, by claiming extraordinary returns. This all came crashing down around him after market conditions led to a considerable amount of redemption. Investors did American way as well. Can you believe they actually asked for their money back? I thought investors were always asleep. * SEC, according to some in the financial press, knew about the whole schmeer nine years ago in 1999 when they first looked at Madoff's books. Then, now and in between, SEC never bothered to investigate.Many in the financial press are beginning to ask "Where was the SEC?" Asleep, of course. Let's face it. Everybody needs their sleep, right? SEC may not be human, but they need their sleep, nevertheless, once in a great while. And Madoff just happened to be one of those great whiles. Most people in the world sleep during the night. There are some who sleep during the day. SEC just happens to have a habit of sleeping during the day. I don't see anything wrong with that. Do you? * Investors. No comment. They are always asleep - day and night. No see, no hear, no speak, no nothing and no think either - the inherently God-given so very important characteristics they cannot live without. Wikipedia just forgot to mention them.
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