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Thursday, August 20, 2009

Chase Sapphire


from book jacket, St. Martin's Press

The new Chase Sapphire card is aimed at the wealthiest in America, as such, it does not appear that Bernard Madoff's mistress will be on the list for one. She claims to have lost everything.

The credit card is aimed at those households with incomes exceeding $120,000. ChaseSapphire.com

In the wake of the Ponzi schemer who bilked millions from investors there might be fewer households that qualify these days. Today, Bernard Madoff sits in jail. The Hadassah, whose former CFO is Sheryl Weinstein, has lost millions. And she herself is claiming severe financial losses.

There were always allegations that his wife Ruth somehow knew everything that was going on. Well, not everything.

A new tell-all book, which already looks as if it is heading to best seller status, promises to be a scorcher. It appears that while he was screwing the Hadassah organization of its money, he was also in bed with their Chief Financial Officer, Sheryl Weinstein. One of the leading Jewish charities, Hadassah lost tens of millions through Madoff.

According to the New York Times: "Ms. Weinstein, who has been married for 37 years, discloses that relationship in Madoff’s Other Secret: Love, Money, Bernie, and Me, a memoir scheduled for publication by St. Martin’s Press at the end of August, a spokesman for the publisher confirmed." NY Times: madoff.html

Where was Ruth Madoff during all of this? The jokes on the dinner party circuit say she was busy counting her diamonds and dollar signs.

Ruth Madoff has since had to give up much of her money.

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