Related: Jaffe the Jerk
Madoff, Mossad and the AmeriKan MSM
"Union wants Beth Israel to reevaluate ties with stockbroker" by Beth Healy, Globe Staff | February 19, 2009
A healthcare workers' union is urging Beth Israel Deaconess Medical Center to investigate stockbroker Robert Jaffe, a member of the hospital's board of overseers who helped direct investor funds to accused Ponzi scheme mastermind Bernard L. Madoff.
Yeah, the CONFESSOR is simply ACCUSED according to the Jewish Mob Media!
The union group, Local 1199 of the Service Employees International Union, United Healthcare Workers East, said it sent a letter to the hospital's board of directors Tuesday, urging it to "investigate Jaffe's conduct and remove him from the board of overseers if appropriate."
He's on the BOARD of OVERSEERS of the HOSPITAL?!!!!
Beth Israel had no comment on the letter. Spokesman Jerry Berger said the hospital's 300-member board of overseers - which is distinct from its board of directors - has no fiduciary responsibilities. The members are generally fund-raisers and goodwill ambassadors for the hospital. Beth Israel did not have any of its funds invested with Madoff, the hospital has said.
Ooooh, bad rep!!!
Jaffe, who lives in Weston and Palm Beach, Fla., appeared before the Massachusetts Securities Division under subpoena earlier this month in its investigation into Madoff. The division last week filed suit to shut down Cohmad Securities Corp., a firm partially owned by Madoff and where Jaffe has worked for many years.
Jaffe has said he knew nothing of Madoff's alleged $50 billion fraud in which the New York money manager paid one set of investors with money from another. Jaffe's extended family has also lost hundreds of millions of dollars to Madoff. Jaffe and his wife, Ellen, have been fund-raisers and donors to Beth Israel.
"Bob Jaffe is a victim, and he had no knowledge of Madoff's fraud," said Elliot Sloane, Jaffe's spokesman.
Pffft! What a bald-faced scum liar!
And I'm so sick of the jewsmedia failing to investigate Madoff when the web is crawling with slime about the guy. Bye-bye, Globe.
The union has been in a long battle with Beth Israel, as it tries to organize workers at the Boston teaching hospitals. Mike Fadel, executive vice president of the union local, said of Jaffe: "We're not saying that the board should remove him. We are saying that the board may wish to investigate his conduct and his role in this Ponzi scheme."
--more--"
No, I'll bet the Jewish board will not care to pick at that Zionist scab -- and nor will the Globe:
"Trustee: No evidence Madoff bought any securities" by Beth Healy, Globe Staff | February 21, 2009
And somehow the SEC never picked up on this, huh? Pffft!
Bernard L. Madoff did not make any trades in customer accounts for at least 13 years, the trustee in the Madoff bankruptcy case said at the first public meeting with creditors in New York yesterday.
The finding - which trustee Irving Picard presented to a room full of defrauded investors in an often emotionally charged meeting - was part of Picard's investigation into the alleged $50 billion Ponzi scheme.
What is ALLEGED about it, you piece of jews***?
The trustee is examining thousands of financial records and e-mails in an effort to reconstruct customer account records that Madoff apparently fabricated over the years. Picard said he has received 2,350 claims from investors so far and urged others to submit claims by the July 2 deadline. He has identified $950 million in assets that can be made available to customers who submit claims, in addition to the $500,000 that investors can apply for from the Securities Investor Protection Corp.
Yeah, after Bernie shipped all his stolen loot to family, friends, and Israel!!!
All they are getting back is LESS than 2 PERCENT of the ALLEGED HEIST!
WHERE did ALL THAT MONEY GO?
Some lawyers are counseling investors against submitting claims. Boston lawyer Pete Michaels said, "If you put in $300,000 and you've taken out $500,000, then you've got nothing to gain by filling out a SIPC form."
In other words, if you benefited from the Jewish looter, sssssshhhhh!!!
Indeed, customer claim forms will, in part, be the road map by which the trustee pieces together who may have received money that should be taken back, or subject to a so-called clawback. Investors who have taken out significant funds from their Madoff accounts over the years may have to return some of that money.
I doubt those Jews will be cahsed down; government and MSM want this case to go away.
Clawbacks were the subject of many questions yesterday from the audience in US Bankruptcy Court in Manhattan. A number of people voiced concerns that the trustee would try to take back money that they had withdrawn from their accounts. Picard and a lawyer for the trustee, David Sheehan, said investors were likely safe from clawbacks as long as they haven't withdrawn more money then they invested.
I know what I would like to claw right now!
When some investors asked why they couldn't keep some of the returns they thought they had earned - in the neighborhood of 10 percent or more for many years - Sheehan reminded them that the profits were fake because a Ponzi scheme uses money from one set of investors to pay off another.
"It was all just made up," he said. "You got somebody else's money."
All made up and run by ONE GUY for DECADES? STINK!
One investor who spoke at the meeting, Raymond Spungin, 77, of Staten Island, captured the resentment in the room. "We're not just the victims of Madoff. We're the victims of the incompetence of the SEC," said Spungin to a crowd that applauded him.
Yup! U.S. Government Knew About Madoff Scheme Since 1960
The SEC has acknowledged that it missed the Madoff scandal, despite the efforts of Whitman whistle-blower Harry Markopolos to tip off the agency a decade ago.
Yeah, they "missed it."
Madoff lured thousands of investors to his firm over the years, including hedge funds and the rich and famous. Locally, Boston philanthropist Carl Shapiro and his family foundation have lost hundreds of millions of dollars, and celebrities from TV host Larry King to actor John Malkovich have also been ensnared.
Yeah, ALL JEWS, did you notice that?
Picard and Sheehan said that while all claims were being treated equally, there would be some judgment involved. For example, charities and people with very small accounts might be less likely to be the subject of clawbacks, they said. And they are making a concerted effort to determine whether some people who withdrew large sums from Madoff accounts were "insiders" or people with knowledge that their gains were being made up by Madoff.
How could they NOT KNOW?
The Globe has previously reported that federal regulators at the Financial Industry Regulatory Authority had found no evidence of trades at Madoff's brokerage firm by his investment advisory group. Picard said yesterday that he also found no separation between Madoff's brokerage business and the investment advisory arm that lost as much as $50 billion.
And NO ONE NOTICED, huh?
"We have found nothing to suggest there was any difference, any separateness," Picard said. "It was all one." FINRA had no immediate comment yesterday on Picard's finding.
Picard is selling Madoff's market-making firm, which traded stocks - a move that could raise more potential funds for defrauded investors. And, reacting to angry investors suggesting that the trustee should also be going after Madoff family members' personal assets, Sheehan said his staff is "looking at every Madoff family member and every insider associated with the Madoff firm."
But THAT is NOWHERE TO BE FOUND in my MSM "investigation."
The trustee's office has gone through records back to the mid-1990s so far and aims to go back "as far as we can go."
Let's see if the Jewish mafia media will tell us when they do, 'eh?
Wanna see what a Jewish turd looks like?
Bernard Madoff leaves federal court on Jan. 14. He is currently confined to his Manhattan penthouse under arrest, accused of bilking investors of $50 billion. (Mario Tama/ Getty Images)
