Hadassah Takes $90 Million Beating
Hadassah has successfully managed for the past several days to keep their name and potential loss from investments with Madoff off the widely circulated lists in many U.S. and international publications.
We heard rumors on Monday their exposure was as high as $300-$500 million. Now, they officially announced taking a $90 million hit. This is in addition to our post on July 18th that their dollar donations were down by 20% and whatever other investment losses they may have sustained earlier this year.
More important, in light of this announcement, what shoe is still to drop elsewhere in our Jewish world?