Well here is a casualty of Bernard Madoff that I am truly sad to see go.

[Sanctified]

Picower Foundation to shut down, says Bernard Madoff managed money

"NEW YORK— One of the nation’s leading educational philanthropies announced that it would close in the coming months, brought down by the alleged financial fraud orchestrated by Bernard Madoff."

http://www.bostonherald.com/business/general/view.bg?articleid=1140241

[Ian David]

1. Are you going to make me google them to find out why they're evil? n/t

[BronxBoy]

2. They seem like good guys

http://www.idealist.org/en/org/87129-164

I have a lot of interest in local food movements and there was a foundation out of Pittsburgh that supported local food economies that was also forced to close.

The impact this guy has had on charitable institutions has been staggering

[Sanctified]

3. Yeah they were a huge donor for Planned Parenthood.

And Planned Parenthood said they were taking a hit from these guys closing shop.

[charlie]

4. A shorter list

might be of people who *weren't* scammed by Madoff. It's astonishing how far-reaching his racket was. The International Olympics Committee lost $5 million. There's a dude (I wish I could remember his name right now) who has a book set to be published in February -- about frauds and how to avoid them -- who got skinned. Even Six Degrees of Separation Kevin Bacon lost some of his fortune.