Wednesday, December 31, 2008

Charities Wiped Out By Madoff Mess, CBS Evening News: $50 Billion Ponzi Scheme Especially Damaging To Charities - CBS News

Charities Wiped Out By Madoff Mess, CBS Evening News: $50 Billion Ponzi Scheme Especially Damaging To Charities - CBS News: "(CBS) Because of Bernie Madoff, Deborah Coltin is out of a job and a 401k retirement account, reports CBS News correspondent Jeff Glor. But for her, even more devastating is the impact on others.

'It is extremely tough for me to believe it and for the community to believe it,' Coltin said. 'We've been in a state of disbelief.'"

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