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Originally Posted by limey
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Enough details of the fallout were emerging yesterday to begin to judge the mayhem this one-time chairman of Nasdaq, and Democratic Party and Jewish charity benefactor, has wreaked. Those likely to have lost everything include a Jewish charity that had its $7m assets lodged with Mr Madoff's firm, and had to lay off its staff on Friday, and Manhattan and Florida socialites.
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He was a rather large contributor to some prominent D's - This info didn't come out till over the weekend. Then again this is probably fodder for another thread.
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I feel bad that I somehow find it more difficult to feel bad for the mainly ultra rich who lost boatloads of money in this. Although I hate how it is affecting "regular" people who also invested into some of the same things he had some money in and still more who are losing their jobs.