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Madoff Matters, But Larger Issues Loom
Ponzi Schemer Represents Just a Piece of an Extremely Sour Financial Funding Pie
- In the months since financier Bernard Madoff was charged with promoting a Ponzi scheme, the financial repercussions continue to ripple. Charitable foundations lost millions of dollars, and the recipients of their endowments are feeling the pinch. The December collapse of the Picower Foundation, a leading benefactor for life ...
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