Jewish Charities Scramble to Cover Losses to Trader

Washington Post by Robin Shulman | Dec. 24, 2008 (News Report)
Alleged Madoff Scheme Closes Doors

On Tuesday, about three dozen of the biggest Jewish foundations in the country convened an emergency meeting to come up with a plan to anonymously help the Jewish nonprofits that fell victim to a $50 billion Ponzi scheme that Wall Street trader Bernard L. Madoff is charged with operating, and to try to restore the community's faith in its values, said organizers of the meeting. Full Story »

Posted by Kaizar Campwala

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Subjects: World, Business, Religion
Topics: Philanthropy, Judaism, Social Change
Editorial Help
Posted by: Posted by Kaizar Campwala - Dec 24, 2008 - 8:55 AM PST
Reviewed by: Kaizar Campwala (review), Derek Hawkins (review), Fabrice Florin (review)
Edit Lock: This story can be edited
Edited by: Kaizar Campwala - Dec 24, 2008 - 8:55 AM PST

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Derek Hawkins
3.1
 by Derek Hawkins - Dec. 24, 2008

This article is a bit sappy, but that's not to say the event isn't newsworthy. Opening with the Maimonides quote, while interesting, did nothing to move the story along. My first thought was that I was reading a column that had been mislabeled as news. The story is otherwise decent, but spends too much time capturing the emotion of the meeting and not enough on giving us the big picture.

I question whether this story would have been run in its current form if it weren't the holidays. I enjoy the season as much as anyone, but there's no reason to make intellectual concessions.

See Full Review » (12 answers)
Kaizar Campwala
3.5
 by Kaizar Campwala - Dec. 24, 2008

A big failure of this article is in not giving us a sense of the scale of the impact on Jewish charities. While losses are listed, we aren't told what percent of their total holdings/endowments the losses represent.

Kaizar posted this story.
See Full Review » (12 answers)
Fabrice Florin
3.5
 by Fabrice Florin - Dec. 25, 2008
See Full Review » (2 answers)

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