Bernie Madoff is survived by his wife, Ruth — and the thousands of people whose lives he upended. The effect of the disgraced financier’s machinations rippled. Jewish non-profits reeled when the Ponzi scheme came tumbling down. Fortunes and more modest savings were lost, and so were the jobs of many who worked for Jewish institutions. Victims…
Say what you will about Bernie Madoff, he made news. Given that his crimes had an inordinate effect on the Jewish world, the Forward was at the frontlines of much of the coverage. Here is a guide to some of our reporting on the infamous financier, who died in prison April 14 at the age…
One year after the arrest of Bernard Madoff sent shockwaves through the world of Jewish philanthropy, only a handful of charities and foundations that had invested in Madoff’s funds have publicly outlined reforms of their investment processes. Many others have yet to identify measures taken to change these practices, while still others say they have…
After they retired, Ronnie Sue Ambrosino and her husband, Dominic, crisscrossed the country in their RV. They kept an American flag in the cab, and flew it on occasion. Ronnie Sue’s e-mail address included the words “patriot” and “USA.” “I wasn’t a zealot or anything,” she said, “but I was very proud to be an…
A persistent stereotype attaches itself to Hadassah: sweet, elderly ladies holding tea socials and collecting money in tin boxes for Israel. But it takes no more than five minutes with Nancy Falchuk, the organization’s national president, to dispel this image. Her Hadassah sounds like it has been processed through the meat grinder of business consultants….
December 11 marks the one-year anniversary of Bernard Madoff’s arrest on fraud charges. In the days following his arrest, the Forward provided robust reporting on the multibillion-dollar Ponzi scheme’s impact on the Jewish community and its organizations. Early coverage probed Madoff’s communal connections, tallied organizational losses and took readers inside Madoff’s Upper East Side penthouse,…
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