Madness Under The Royal Palms - Controversy Following Madoff Scandal

Controversy Following Madoff Scandal

The Bernard Madoff scandal put Leamer's book centerstage, as Madoff was a trusted Member of the wealthy Jewish community. According to Leamer, Madoff had made inroads to the Jewish elite of Boston, who unwittingly vouched for him after he gained their trust. Many members of the Palm Beach Jewish Community were wiped out by Madoff's Ponzi scheme, and this has purportedly generated a lot of resentment for Leamer, who has been publicly speaking on the particular impact the scandal has had on the Palm Beach community.

Read more about this topic:  Madness Under The Royal Palms

Famous quotes containing the words controversy and/or scandal:

    And therefore, as when there is a controversy in an account, the parties must by their own accord, set up for right Reason, the Reason of some Arbitrator, or Judge, to whose sentence, they will both stand, or their controversy must either come to blows, or be undecided, for want of a right Reason constituted by Nature; so is it also in all debates of what kind soever.
    Thomas Hobbes (1579–1688)

    There’s no scandal like rags, nor any crime so shameful as poverty.
    George Farquhar (1678–1707)