Hadassah’s response to the Bernard Madoff scandal

Two weeks ago, I had never heard of Bernard Madoff.  I have a feeling that most Hadassah members had not heard of him either.  Unfortunately this has all changed.  By now you have heard of Bernard Madoff’s admission that he ran a $50 billion ponzi scheme.  Hadassah has estimated that it has lost over $90 million as a result of money invested with Mr. Madoff’s firm.  Hadassah’s national president, Nancy Falchuk, recently issued a letter and a list of frequently asked questions in response to the scandal.   (No doubt she has received many questions.)  In her letter, she explained  how Hadassah got involved with Mr. Madoff’s firm and what actions will be taken to recover whatever is possible.   She also discussed the steps Hadassah will be taking so that something like this does not happen in the future.   Her letter and list of frequently asked questions are worth reading.

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3 Responses to Hadassah’s response to the Bernard Madoff scandal

  1. Great job on the blog! Hope you’ll explain how to “join” so others do too.
    Thanks, Geri.

  2. Geri and I spoke today at CBI. She mentioned the blog about Madoff.

    How do I find the FAQs about Madoff and Hadassah so that I can go over them again?

    Thanks. Jan

    • Janet:

      The FAQ and the President’s letter are included as a link within the post. It may be hard to see but it is in green type and says something like “letter and frequently asked questions.” Click on it and it will open up.

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