The Madoff Betrayal: Life Imitates anti-Semitism

For the true “anti-Semite,” Christmas came early this year.

The anti-Semite’s new Santa is Bernard Madoff (pictured right). The answer to everyJew-hater’s wish list. The Aryan Nation at its most delusional couldn’thave come up with anything to rival this:

The former chairman of Nasdaq turns out, also, to be treasurer ofthe board of trustees at Yeshiva University and chairman of theuniversity’s business school. Rich beyond human comprehension, hehandles fortunes for others, buying and selling in a trading empirethat skirts investment banks and other possible sources of regulation.He redefines avarice, knowingly and personally bilking charities andretirees in the most classic of con games.

Even better, for those obsessed with the idea thatJews control finance, entertainment and the media, is the idea thatMadoff’s greed was uncontrollable enough that he targeted fellow Jews,even Holocaust survivors, some of them his own friends, as well asIsraeli companies who insured Jews, including Holocaust survivors. The beauty part, for the anti-Semite: Madoff’s machinations,which could have been put to use for the sake of humanity, havedirectly harmed Jewish welfare and charity institutions.

He has managed to harm contemporary Jewry in ways anti-Semitescould only dream about. He has sapped the Jewish Federation of GreaterLos Angeles of 11 percent of its assets, or some $18 million. In thewords of prominent educator Avraham Infeld, he “obliterated”long-standing charitable foundations for Jewish causes in Israel,Eastern Europe and North America.

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2008-12-16