Apparently there’s one Jewish Studies professor who hasn’t bothered to read the Bible. Yaron Eliav, 44, an associate professor in the Department of Near Eastern Studies at The University of Michigan, awaits sentencing after pleading no contest to a misdemeanor charge of using a computer to commit a crime. The crime? Paying a 22-year-old UM Law School student [...]
Continue reading...Wednesday, December 17, 2008
Manhattan federal judge Denny Chin would like to know how New York City’s Dewey Cheatham & Howe & LeBoeuf can justify charging a $600 hourly rate for associates on a securities lawsuit. Dewey & LeBoeuf served as reciever for WexTrust Capital in an SEC lawsuit. WexTrust ran a Ponzi scheme that raised $225 million by targeting the Orthodox [...]
Continue reading...Wednesday, December 17, 2008
Yesterday we reported that the Jewish community is a little bit broygez over Bernard L. Madoff’s decision to rip off various Jewish charities for millions of shekels. Today we learn that New York’s Yeshiva University lost about $110 million in investments made with the gonif Madoff; and a second trustee whose money-management firm had ties with Madoff’s [...]
Continue reading...Tuesday, December 16, 2008
Altman & Altman’s Boston Criminal Lawyer Blog is unamused by the illegal shenanigans of investor Bernard Madoff: Ironically, the Defendant’s [Madoff's] gift of restraints and forced government housing was connected to charity and gift work throughout the nation. His actions have apparently brought about the destruction and near-destruction of various charities and philanthropies throughout the country. That’s [...]
Continue reading...Tuesday, December 16, 2008
Former Dechert LLP associate Marc Dubin has sued the firm for allegedly making false promises to lure him to the Philadelphia firm, and for allegedly firing him for being Jewish. Dubin’s suit seeks nearly $6 million in back pay and damages. The firm and its counsel at Miller & Wrubel say that every one of Lubin’s claims [...]
Continue reading...Tuesday, December 16, 2008
Last week, investment fund manager J. Ezra Merkin sent a very interesting letter to investors in his Ascot Partners fund. In the letter he just happened to mention that he might have accidentally given a very small amount of the investor’s money to Bernard L. Madoff. Not very much. Just almost the entire $1.8 billion. Merkin’s investors may also have [...]
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Thursday, December 18, 2008
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