The Paper Trail

NYU Loses $24 Million to Madoff

By Alison Go

December 30, 2008 RSS Feed Print

New York University is the latest college to admit being affected by Bernard Madoff's alleged Ponzi scheme. In a lawsuit against J. Ezra Merkin, Gabriel Capital LP fund, and Ariel Fund Ltd., the nation's largest private university claims to have lost $24 million in investments tied to Madoff. The complaint, which was filed last week, alleges that the funds invested with Madoff without telling investors or conducting proper due diligence.

Other schools that have lost money in the scandal are Yeshiva, Tufts, and New York Law School.

Tags:
Bernard Madoff,
NYU,
colleges,
Wall Street

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hotels in antey saint andr osta of 1:15AM April 30, 2010

sue of MA,

.... absolutely right.

HEDGE FUND UNDERBELLIES WILL SURFACE AT MADOFF & Co. TRIALS

From New York to Geneva, corruption is rampant and complex on Wall Street, including the process of accumulation of this much cash..

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http://pacificgatepost.blogspot.com/2008/12/is-madoff-really-anomaly.html

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MADOFF AND HIS METHODS are not so unique.

PacificGatePost of WA 3:54AM December 31, 2008

This couldn't have been pulled off by one person! Many, many others HAD to be involved. The emperor had no clothes and everyone believed in him?

sue of MA 4:00PM December 30, 2008

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