Securities and Exchange Commission

Should Mrs. Madoff have reported Bernie?

What does Jewish law say about her responsibility to snitch?

11/23/2009
Special to the Jewish Week

Question: Should Mrs. Madoff have reported Bernie? What does Jewish law say about her obligations?

Let's assume for the sake of argument that Ruth knew about the Ponzi scheme and that Bernie's crimes were committed while of sound mind and body. From the public record there is little information about Bernie's mental state - aside from indications he is a grade-A sociopath, of course.

So should Ruth have blown the whistle on Bernie? By all means.

Family loyalty cuts deep in Jewish tradition, but not that deep.

Rabbi Joshua Hammerman

Teach Your Children Well, Indeed

Thursday, October 29th, 2009

I just finished Andrew Kirtzman’s excellent book, “Betrayal: The Life And Lies of Bernie Madoff,” which traces the  evolution of an ambitious kid who started a lawn-sprinkler business into the man who would steal billions and wreck thousands of lives.

 

Did we learn the real lessons of the Madoff ripoff?

Tuesday, June 30th, 2009 So Ponzi king Bernie Madoff has been sentenced to 150 years, and the blogosphere is aflame with the outrage and anguish of the victims of this record-breaking swindler. While significant recovery seems unlikely for most, there’s a degree of satisfaction that he didn’t get away with the usual wrist-slapping white collar sentence. But to me some of the case’s most important questions remain unanswered.

Not Just The Prices Were Insane

Monday, March 2nd, 2009

News that a Brooklyn entrepreneur is hoping to revive the Crazy Eddie electronics franchise, reported this week in the NY Post, was of great personal interest to me.

 

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