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  Bernie Madoff’s Ponzi Scheme (and others like it)

• How Bernie did it. Madoff is behind bars and isn’t talking. But a Fortune investigation uncovers secrets of his massive swindle
• Oh, the injustice! Blaming the Jews … Again David Irving comments: Well, hardly anybody blames me or my folks for the post-Lehman, post-Madoff global financial crash
• New York Attorney General charges Ezra Merkin, former chairman of GMAC Financial Services and leader of New York’s Modern Orthodox Jewish community, with fraud: accused of channeling $2.4 billion of clients’ money into Madoff’s Ponzi scheme
• They thought he was just ripping off Gentiles Bernie Madoff’s Lawyer Ira Sorkin Absorbs the Rage, letters like this – “As one Jew to another, I deeply regret that the Sorkin family did not perish in the Nazi death camps”
• Nominated for Nobel Hate Prize? Elie Wiesel (lost $15 million) says he can’t forgive Bernie Madoff: “I would like him to be in a solitary cell with pictures of his victims”
• Bernie Madoff and no end: 162 page victim- list: Celebs, athletes and ordinary people | CBS News | Jewish family Angst: “Raising a Mensch” – Psychological advice on what to tell Your Children about Madoff and other such scandals | Patricia Cohen asks in the New York Times: Is Madoff Not So Good for the Jews? (Uh, no) | While on the subject of small-time scamsters: FBI seeks missing hedge-fund manager Arthur G Nadel (“a prominent player in Sarasota social and philanthropic circles”) and $350 million
• Arthur Nadel, Florida philanthropist (right) , goes missing at same time as $350 million of other people’s money
• Ezri Namvar – a Los Angeles “businessman and philanthropist” – accused of squandering investors’ $400 million: “They trusted Namvar because he was a Jew…”
• Tactless? Germany is asked to help rebuild Auschwitz. Director wants $160million. Should have asked Bernie Madoff when there was still time | Madoff even scammed his own sister | Taki Theodoracopulos – Two for the price of one: Israel + Madoff . . . “Israel can now safely be called the Bernie Madoff of countries, at it has lied to the world, stolen continuously, and done all this with American taxpayer’s money”
• Quick! Sue Switzerland or somebody: American Jewish Congress crippled by Bernard Madoff Scandal — has lost $21 million of its $24 million in endowments, is now firing staff and slashing programs
• It’s a funny old world for some: Madoff ‘victims’ do math, realize they profited: “I’ve taken out more money then I originally put in, but I still had $1 million left with Madoff” | Bid to revoke Madoff’s bail cites recent million-dollar Gifts
• Wall Street Journal lists Madoff’s victims and details (but oddly omits Wiesel) | Some Jews fear Madoff case stokes anti-Semitism | Gosh we’re sad: Wiesel Foundation loses nearly everything in Madoff scheme: not revealed is where its $37 million came from in the first place | New York Post | Huffington still dines out on Bernie Madoff: Lightning Rod for Anti-Semitism? |His victims: Schadenfreude, Not Anti-Semitism | Christopher Bollyn asks Who is Bernard Madoff?
• David Irving, A Radical’s Diary: Madoff: “It almost hurts to write these words, but the laughter ringing round the world just won’t stop”
• That nice Mr Madoff: Jewish leaders fear anti-Semitic backlash over $50 billion Madoff scam – and $50 billion used to be a lot of money | Bradley Burston in Ha’aretz: Life imitates anti-Semitism. Um, d’you mean the antisemites can get it right? | ADL says Madoff has made “a perfect storm for the anti-Semites” | Alexander Cockburn: a major ethnic “cleansing” | Rense | What the scandal reveals about Hollywood Jews: they network, and exclude non-Jews: well, who’d a thunk it | The Times: Elie Wiesel’s “Foundation for Humanity” victim | Wiesel “deeply saddened and distressed,” has lost $15 million – we’d be ticked off, too | Jewish journal: I wish Jews believed in hell, because Bernard Madoff will go there
• Surely not that nice Mr Madoff next door? One of biggest Ponzi swindlers ever (allegedly near $50 billion) arrested – and released on bail | Huffington Post | New York Times | Anne Applebaum in Slate | His Jewish victims include real-estate magnate Mort Zuckerman, the “Foundation for Humanity” of Elie Wiesel (lost $10 million), Sen. Frank Lautenberg and a charity of movie director Steven Spielberg. | Victims slideshow | Main news on BBC | Huffington Post again | Boston donors bilked out of millions | Ha’aretz: Madoff Wall Street fraud threatens Jewish philanthropy

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