Thursday, April 16, 2009

Elie Wiesel Foundation Madoff statement

Hardly news at this point, I know. I was on the Elie Wiesel Foundation website for reasons unrelated to Bernie Madoff and found this statement incredibly depressing.

Statement Regarding The Bernard Madoff Fraud:
To Our Friends:
We are deeply saddened and distressed that we, along with many others, have been the victims of what may be one of the largest investment frauds in history. We are writing to inform you that the Elie Wiesel Foundation for Humanity had $15.2 million under management with Bernard Madoff Investment Securities. This represented substantially all of the Foundation's assets.
The values we stand for are more needed than ever. We want to assure you that the Foundation remains committed to carrying on the lifelong work of our founder, Elie Wiesel. We shall not be deterred from our mission to combat indifference, intolerance, and injustice around the world.
At this difficult time, the Foundation wishes to express its profound gratitude for all your support.

The Elie Wiesel Foundation for Humanity

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