The Other Bernie Madoff Affair
Bernard Madoff's connection with the New York-based Jewish charity Hadassah has become fraught above and beyond the economic level since the organization's CFO, Sheryl Weinstein, claimed that she and the fallen financier had an affair, which she details in her upcoming memoir, “Madoff’s Other Secret: Love, Money, Bernie, and Me."
Bernard Madoff’s connection with the New York-based Jewish charity Hadassah has become fraught above and beyond the economic level since the organization’s CFO, Sheryl Weinstein, claimed that she and the fallen financier had an affair, which she details in her upcoming memoir, “Madoff’s Other Secret: Love, Money, Bernie, and Me.” — KA
WAIT BEFORE YOU GO...The New York Times:
Hadassah’s national president, Nancy Falchuk, told Hadassah’s national board in a letter on Thursday that the group was “shocked to hear the news reports of Mrs. Weinstein’s personal admission regarding this relationship. Indeed, we knew nothing of her relationship with Mr. Madoff until today.”
Ruth Madoff, who has been married to Mr. Madoff for almost 50 years, knew nothing about the “alleged affair,” said Peter Chavkin, her lawyer. While that, unfortunately, will not ease the pain of the people destroyed by the Madoff fraud, he continued, the allegation “stands as a powerful reminder, to those who say Ruth must have known of her husband’s criminal scheme, that there are some things that some spouses — however close they are — do not share with each other.”
Ira Lee Sorkin, a lawyer for Mr. Madoff, declined to comment.
According to John Murphy, the publisher’s spokesman, Ms. Weinstein’s relationship with Mr. Madoff “spanned 20 years.” That would take it back to 1988, when Hadassah received a gift of about $7 million from a French donor, whom the organization has declined to name.
This year, the ground feels uncertain — facts are buried and those in power are working to keep them hidden. Now more than ever, independent journalism must go beneath the surface.
At Truthdig, we don’t just report what's happening — we investigate how and why. We follow the threads others leave behind and uncover the forces shaping our future.
Your tax-deductible donation fuels journalism that asks harder questions and digs where others won’t.
Don’t settle for surface-level coverage.
Unearth what matters. Help dig deeper.
Donate now.
Editorial Cartoons
If only investors knew exactly what they were getting into—and what they aren’t going to get out of it.
Investigative reporter Steve Fishman explains how Bernie Madoff was able to pull off one of the largest financial crimes in U.S. history, and whether regulators have taken steps to ensure Americans won't get conned again.
For investors who lost money in Bernie Madoff's infamous Ponzi scheme and are waiting for payback from a firm enlisted by the Department of Justice, the check's (still) in the mail.
The 32-year-old Turing Pharmaceuticals CEO and Wall Street player became a source of schadenfreude on a mass scale Thursday with the news that he had been arrested for securities fraud.
Author Gina Nahai's latest novel, "The Luminous Heart of Jonah S.," is a family epic that leaps from Tehran to Los Angeles and back again, blending murder mystery, history, myth and magic in a lively and lyrical read.
Author Gina Nahai knows a thing or two about the Iranian Jewish diaspora in America -- she's part of it.
You need to be a supporter to comment.
There are currently no responses to this article.
Be the first to respond.