bernie madoff

U.S. Sen. Al Franken, calling himself “a voice for the overwhelming majority of Americans who aren’t lawyers” on the Senate floor Wednesday night, continued his harsh critique of the U.S. Supreme Court, lambasting its recent record of overturning its own precedents:
Again, I think that this is judicial activism. In fact, I think it’s judicial activism [...]

The biggest case of investor fraud in American history, perpetrated by Bernard Madoff, may bilk investors out of some $50 billion. Locally, the pain is hitting several Twin Cities nonprofits that received funding from the New York–based JEHT Foundation, which invested heavily in Madoff-related entities. Madoff-affiliated foundations gave money to nonprofits ranging from the local Liberian Truth and Reconciliation Commission to the Wellstone Action Fund to a Fairview Foundation dedicated to assisting patients with terminal illnesses.