D.C. deals with Madoff losses

$50 billion Ponzi scheme of Bernard Madoff


WASHINGTON (JTA) -- If the economic downturn and plunging stock market weren't bad enough, a number of Jewish organizations in the Washington area were smacked in the face with even worse news this week: A portion of their endowments had vanished, victim of the $50 billion Ponzi scheme of Bernard Madoff.
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