A Major Jewish University Is In Danger Of Going Broke Because Of How Much It Lost In Hedge Funds

Business Insider – Credit-ratings agency Moody’s thinks Yeshiva, a private Jewish university located in New York City, will be broke by next year.

Yeshiva lost an estimated $105 million with convicted Ponzi schemer Bernie Madoff, who was also a trustee, but that’s not why the university is running out of money.

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