Comparing Jewish losses to non-Jewish losses in the Madoff scheme | The Fundermentalist | JTA - Jewish & Israel News

Comparing Jewish losses to non-Jewish losses in the Madoff scheme | The Fundermentalist | JTA - Jewish & Israel News: "Comparing Jewish losses to non-Jewish losses in the Madoff scheme

By Jacob Berkman · December 30, 2008

Sometimes its good to put things into perspective.

The Jewish nonprofit world certainly lost money in the Madoff scheme, but we were not the only losers, and perhaps not even the biggest.

Bloomberg News put together a list of grants given out in 2007 by 10 foundations that lost significant assets in the Madoff scandal, nine of which are Jewish."