What was Bernie Madoff thinking?
“It takes an extraordinarily heartless conman to swindle a survivor of Auschwitz and Buchenwald and Nobel Peace Prize winner out of all his charitable funds.” Wrote James Bone in the Times Online.
“Yet that is exactly what Bernard “Bernie” Madoff is alleged to have done to Elie Wiesel, the author of the Holocaust classic Night and a friend from the Jewish community in south Florida.
According to the Times Online article, “The Elie Wiesel Foundation for Humanity now admits that it invested $15.2 million (£10.1 million) with Mr Madoff that represented “substantially all of the foundation’s assets.” The charity of the Nobel laureate, in New York, will have to raise new funds if it is to maintain its two centers in Israel that help Ethiopian Jews and Darfuri refugees and continue its other work.”
Perhaps the person who lost the most by trusting Bernie Madoff is 95 year old Carl J. Shapiro, who has been a personal friend to Madoff for nearly 50 years. In addition to losing 500 million dollars in the relationship, Shapiro at 95 is confronted with the reality that someone he thought of as “a son” did this to him.
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