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Court Backs Trustee's Method for Dividing Up Madoff Losses

By Forward Staff

A federal appeals court has approved the method used by the trustee liquidating Bernard Madoff’s scandal-plagued financial firm to divide up the losses from the Ponzi scheme, wire services reported Tuesday.Read More


Bibi Tells GOP: Iran Is Biggest Threat

By JTA

Iran remains the region’s biggest threat, Prime Minister Benjamin Netanyahu told a delegation of Republican U.S. congressmen visiting Israel.Read More


Israel Arrests Al-Jazeera Journalist

By JTA

Israel is holding in custody the Kabul bureau chief for the Arabic language Al Jazeera network on accusations that he is affiliated with the terrorist Hamas group.Read More


Glenn Beck Slams Israel Protesters

By Elka Looks (Haaretz)

Glenn Beck, an American right-wing talk-show host currently visiting Israel, compared the Israeli protesters demanding social justice to communists in his show this week.Read More


Barak Confirms 'Grain of Truth' in Shalit Talks Report

By Avi Issacharoff and Amos Harel (Haaretz)

Defense Minister Ehud Barak confirmed on Tuesday that there was “a grain of truth” to reports of renewed negotiations taking place in Cairo for a prisoner swap deal to secure the release of Israel Defense Forces soldier Gilad Shalit.Read More


Jewish Camp Foundation Wins Big Grant

By JTA

The Foundation for Jewish Camp has received a $3.3 million grant for a new program to create jobs for Jewish educators.Read More


Met Halts Loans to Russian Museums as Legal Dispute Rages

By JTA

New York’s Metropolitan Museum of Art reportedly has canceled plans for an art loan to a Russian museum in the ongoing dispute over a Chasidic archive.Read More


Argentina Rabbi Says Pinto Talked Him Into Shady $1M Apartment Deal

By Tomer Zarchin (Haaretz)

Argentina’s chief rabbi sumbitted a written deposition this week to the Jerusalem District Court saying he was exploited by his son in law, Rabbi Yoshiyahu Pinto, to launder money through the purchase of a Jerusalem apartment.Read More


Ruth Madoff Will Divorce Ponzi Scam Artist Hubby

By JTA

Ruth Madoff will divorce her husband, Ponzi schemer Bernard Madoff, in order to reconcile with her son, a Madoff biographer said.Read More


U.S. 'Troubled' by New Settlement Construction

By Haaretz

The United States said on Monday it found reports of fresh Israeli settlement building plans deeply troubling and counterproductive to the U.S. effort to revive Israeli-Palestinian peace negotiations, Reuters reported.Read More





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