September 17, 2009
How Charities and Donors Fell Into Bernard Madoff's Investment Scam
NEW BOOKS
Too Good to Be True: The Rise and Fall of Bernie
Madoff
by Erin Arvedlund
Erin Arvedlund is credited as the first journalist to write a skeptical article about the extremely large returns of Bernard Madoff's hedge fund.
She shows how Mr. Madoff was able to gain the trust of sophisticated investors, relying especially on his associate Ezra Merkin's reputation among Jewish charities in New York.
She also
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