Sunday, April 05, 2009

Israeli Nonprofits, Shaken by Madoff Scandal, Regroup - NYTimes.com

Israeli Nonprofits, Shaken by Madoff Scandal, Regroup - NYTimes.com: "JERUSALEM — The collapse of Bernard L. Madoff’s $65 billion Ponzi scheme, whose victims included many American Jewish organizations and philanthropists, has also hammered a number of Israeli social service groups and wiped out at least three foundations that supported Israeli causes."

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