Jacob Berkman (JTA)
By Jacob Berkman (JTA)
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Fast Forward U Maryland Yiddish Program Stays Alive, Thanks to Cash Infusion
After fears that the school would have to cancel its classes in Yiddish after this spring’s semester, the University of Maryland has managed to raise enough money to keep the program going at least through 2013. Maryland offers several courses in Yiddish through the school’s Meyerhoff Center for Jewish Studies, but last year it announced…
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Fast Forward Picower Estate To Return $7 Billion ‘Earned’ in Madoff Scam
The estate of one of the largest beneficiaries of Bernard Madoff’s multibillion dollar Ponzi scheme, Jeffrey Picower, has agreed to return $7 billion to Madoff’s victims. The figure is the difference between the amount of cash that Picower, a Jewish investor, put into his account with Madoff and the amount that he withdrew, The New…
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Fast Forward Hadassah Will Pay Back $45 Mil in Madoff ‘Profits’
Hadassah: The Women’s Zionist Organization of America will pay back $45 million of the money it made in the Bernard Madoff scam. Hadassah President Nancy Falchuk in a letter Thursday told the organization’s supporters of the settlement reached by the group with the trustee of Madoff’s estate.. The organization, which began investing with Bernard Madoff…
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Fast Forward Federations and Overseas Partners Reach Funding Deal
The Jewish Federations of North America and its two primary overseas partners have reached an agreement in principle over how to divide the money raised by local federations. The Jewish Agency for Israel and the American Jewish Joint Distribution Committee have been struggling with the JFNA for nearly two years over how to split the…
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Fast Forward Seinfeld, Midler To Headline Philly Museum’s Opening Bash
Two of the country’s most famous Jewish performers will highlight the opening of one of the most ambitious Jewish museum projects in years. Jerry Seinfeld will emcee and Bette Midler will headline a Nov. 13 gala to celebrate the official unveiling of the renovated National Museum of American Jewish History in Philadelphia, a $150 million…
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Fast Forward Bruce Pearl, Popular College Basketball Coach, Mired in Scandal
Bruce Pearl, a big-time college basketball coach and spokesman for Jewish causes, was a week or so early on his mea culpas during the Yom Kippur season. Pearl, the wildly popular men’s coach at the University of Tennessee, has orchestrated a major turnaround since taking over the program in 2005, leading the traditional football powerhouse…
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Fast Forward ADL Comes Out Against Islamic Center Near Ground Zero
Read a Forward editorial about the Islamic center here, and listen to a podcast about it here. The Anti-Defamation League has issued a statement opposing the building of a mosque near the World Trade Center memorial site. The proposed construction of Cordoba House, a Muslim center at 45-47 Park Place, just two blocks form the…
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Fast Forward $7 Million Fraud at Claims Conference Raises Questions
After discovering $7 million in fraudulent payments, the Claims Conference is facing questions about whether it will recover the money and how extensive the fraud actually was. Officials at the Claims Conference, which acts as a pass-through to distribute more than $400 million per year from Eastern European governments directly to survivors, discovered last last…
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