What is a hilul Hashem? Bernard Madoff.
(or you can read Therapydoc’s interpretation – the trench coat and the boys is a good analogy for doing the right thing)
Among the many philantropies that have suffered losses because of this guy’s schemes are Yeshiva University (which my husband and father attended), Maimonides School in Brookline, MA (which I attended for twelve years), Ramaz, SAR Academy, The Robert I. Lappin Foundation, Chais Family Foundation, the Gift of Life Foundation, a Jewish bone marrow registry, Yad Sarah … the list goes on.
A bit on Yad Sarah:
Yad Sarah, the largest voluntary organization in Israel, provides a spectrum of free or nominal cost services designed to make life easier for sick, disabled and elderly people and their families.
Our rabbi is glad the Ponzi scheme is not named after Madoff, even though Madoff ripped off many more than the original Ponzi. In a Ponzi scheme, you reward the first investor by giving them money from the second investor…until the whole thing collapses.
In a search for something positive to say, Tzvee Zahavy writes about driving Rav Soloveitchik in the early seventies:
During one such drive around 1971, with some concern I inquired about what the Rav thought about the serious financial crisis of that time that YU faced. I was surprised to hear both the certainty and the flavor of the Rav’s response to me. He said: “The Yeshiva has survived many serious financial crises for many years and I am sure it will survive many more serious financial crises for many more years.”
(Hat tip: Rebbetzin’s Husband)