Friday, December 26, 2008

Pyric victory

"It's like putting out the fire in the kitchen of the Titanic while the ship is going down," said Felicia Herman, the executive director of Natan, a foundation financed by young Jewish philanthropists, speaking about the fallout from the Madoff-linked losses in the midst of a larger global financial crisis.

Jewish Charities Scramble to Cover Losses to Trader: Alleged Madoff Scheme Closes Doors, by Robin Shulman, Washington Post, December 24, 2008

No comments:

Post a Comment