"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
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