
There have been a few stories about whether the Jewish community in the U.S. will have its reputation hurt by the fact that Bernie Madoff is Jewish. Today the top story at Reuters is about that subject. The media is letting the issue spread.
The news service writes "For American Jews, the Bernard Madoff scandal has not just caused deep financial pain. It also has been deeply personal."
The subject should be out of bounds. If Madoff's actions have done anything to damage the media or public views of Jews, let it stay "personal" to use the word that Reuters did. Writing about the matter only further raises an an aspect that is irrelevant and makes Madoff's religion the focus of growing coverage.
If Madoff were a Baptist the subject of religion would almost certainly not be a big part of the news coverage about his Ponzi scheme. The same would hold true if he were Catholic or Unitarian.
The media should stick to stories about the swindle. How did it happen? Who got hurt? Who will be brought to justice? What any of those has to do with Madoff being Jewish points at drawing a conclusion that it not there to be drawn.
Douglas A. McIntyre is an editor at 24/7 Wall St.











Reader Comments (Page 1 of 2)
1-24-2009 @ 4:00PM
Ali said...
Thank you!
Haters and anti-semites are
always seeking a reason to rape, pillage
and plunder Jewish people or anyone
else whose numbers are few.It's unfortunate but excuses to blame an
ethnic group for the woes of the majority
is based on numbers and traditional
institutionalized hatred. It is also un-
fortunate that this is classified as a
mental disorder-which means that a great many individuals are sick. That old rep-
tilian brain takes over any learning above
the primitive 50,000 year old ape man.
I say, let's all worship totem poles.
1-24-2009 @ 5:14PM
Hummer 1 is the only one said...
There is good and bad in every religion BUT even as a fellow Jew, I must say that Jews tend to be too clever sometimes for their own good...causing alot of anamosity and friction with the rest of the world...Maybe its time for people to be ruled by love rather than sheckles
1-24-2009 @ 5:20PM
Robert Prince said...
It is simply totally asinine that the question should even be entertained.
The idea of the United States is that we are a nation of individual living human beings not a conglomerate of different ethnic groups.
Barack Obama's achievements are his own. They do not belong to African-Americans. Ruth Bader Ginsburg's achievements are hers. Her achievements are not a credit to American Jews. Similarly Bernie Madoff's despicable crimes are his. His crimes are a debit of American Jews.
1-24-2009 @ 5:38PM
chiefagc said...
You said if Madoff had been a Baptist his religion wouldn't be mentioned. If Madoff were a Baptist he'd be too freakin dumb to pull this off. The fact that he ripped off his own only makes it worse. His smiling as he walks around -on the loose-
also makes it worse. Put the Shylock in prison where he belongs.
1-24-2009 @ 5:53PM
donp720 said...
mark my words he took the fall to save his family in 6 months we will hear he has cancer and is dying, got the kids to turn him in to look like they did nothing wrong
1-24-2009 @ 6:15PM
paul s said...
Jewish Americans are no more Jewish than most Irish Americans are Irish. Jewish people that are aware of that were not duped by Madoff. Most Italian Americans were not duped by the likes of John Gotti either. So get over it. The people he duped live in Disney Land. They forgot they live in America. The tires on my old pickup have more street smarts than Madoffs victims.
1-24-2009 @ 6:42PM
Sam Margolies said...
Scumbag Madoff's action disqualify him from being Jewish. He is thrown out of the Jewish community.
1-24-2009 @ 7:04PM
gingsims said...
Everyone should really be more concerned about his connections and donations to the DEMOCRAT Party!
1-24-2009 @ 7:09PM
Robert Prince said...
It is simply asinine that this question is being entertained.
The United States is a republic of individual living human beings, not a conglomerate of different ethnic groups.
Barack Obama's achievements are his own, they do not belong to
African-Americans. Ruth Bader Ginsburg's achievements are hers, not a credit of American Jews. Similarly Bernard Madoff's malfeasance is his, not a debit of American Jews.
1-24-2009 @ 9:18PM
Yon said...
The skinheads, white supremacists and Arabs are claiming that the US media is run and controlled by "the jews". If this is true, why would such a media act antisemitic? Or are the supremacists and Arabs all wet?
1-24-2009 @ 11:02PM
rhmcn said...
Quite the contrary:
Being Jewish has kept him out of jail.
1-25-2009 @ 12:47AM
coastcontact said...
The painful truth is that there are bigots in this world and hating Jews is a reality. Madoff’s behavior will provide those who hate Jews one more justification. John Thain, former CEO of Merrill Lynch, was clearly a bigger thief than Bernard Madoff. Then there was Richard Grasso, former head of the NYSE, given a deferred compensation pay package worth almost $140 million.
1-25-2009 @ 9:23AM
Dray said...
IF, Madoff had been any other religion and had wiped out the religious charities it would have been reported the same way. a few months back a smaller but similar muslim ponzi happend
1-25-2009 @ 9:52AM
bs said...
I agree that the confession itself is a scam and that we will find out that he has cancer or similar life threatening disease. No one can maintain this level of chicanery for decades without help.
I think it is a Jewish story because he scammed jews at temple and the country club. If an episcopalian scammed people at St Bartholomew, St John the Divine,a d stole from Protestant charities it would be a Protestant story.
And BTW, as far as the media making it a jewish story, the NYTimes website rejected these comments from me as offensive but a few days later had plenty of anti-catholic comments appended to a story. It is just a matter of which story you are sensitive to. You read these things and you have already been sensitized from the previous things that happened in your life.
And yes, the people who got bilked were just plain dumb. Madoff learned well from PT Barnum.
1-25-2009 @ 11:28AM
monty said...
"For American Jews, the Bernard Madoff scandal has not just caused deep financial pain. It also has been deeply personal."
The point went over everyone's keppie. The inference is that the Jewish community is/was embarrassed by Madoff's actions.
That's a normal reaction no matter what ethnic community that has, or even alleges to have, high moral standards.
1-25-2009 @ 11:54AM
Bob Monty said...
I went back and read the Reuters article (see link at top of this article) AFTER I posted my first comment. That leads me to ask if anyone else who posted here did likewise - especially the writer.
I don't understand why all the fuss over an innocuous statement extracted WAY out of context by the writer, who did more harm to his reputation as a writer than did Madoff to his or to that his community.
1-26-2009 @ 10:41AM
R. Frank said...
Madoff aside; the Jews who arrived here near the turn of the century are responsible for the downslide of the American culture. They have
the power and the money to put what is un-American in front of American eyes. Their numbers in the Congress far out-surpass their rightful numbers in the population. Their charities are responsible for arming Israel. And finally, the
establishment of Israel in 1948 by the influence of the American Jews on our Government has been nothing but disadvantageous to American interests
throughout the the free world.
1-31-2009 @ 12:57AM
Geoff in VA said...
The bottom line is that the vast majority of direct investors who were accepted into Madoff's fund were members of his country club or "inner circle". In other words, Jews. Oddly, these investors did not think it unfair or discriminatory that they had access to a money tree that Catholics and Baptists did not. After all, they were only gaining from the investment savy of a fellow Jew. Did these investors not know that their Jewishness had something to do with their membership in this elite club? I doubt it. Herein lies the paradox. By trusting a Jewish money manager to produce profits that no Catholic or Baptist manager could ever achieve, and accepting that on face value, amounted to the ultimate deception - the idea that Madoff's Jewishness gave him an edge on everyone else. They bought into the lie; with the obvious consequences. Shame on them for their arrogance.
1-31-2009 @ 7:49AM
iphonerulez said...
Let's turn over the tables of those temple moneychangers. Mo' money, mo' money, mo' money. Gotta have that green. I don't hate Madoff. He's a nice guy. He only did what he was born to do. To scam was his birthright. Probably many of you out there wish you had his money-making skills. He never had to worry about losing his job or whether he could pay his bills. Hell, no. Everybody loved this guy. A well-respected man. If the economy hadn't gone bad, he still would have been in business and nobody would have been the wiser. His life story is going to make a great movie. Here's a nice catch line. "My name is Madoff, I'm Jewish, my greed is great and I want all your money." That works for me. It sure must be fun to sit in a penthouse apartment, eating chateaubriand, caviar and sloshing back Dom Perignon while the masses are running around like cockroaches worrying about job losses. Screw that.
Hey Bernie, you think you could help a poor minority loser with some spare cash? "Hell, no." I didn't think so. I hear ya. You can't accumulate cash by giving it away. If I'm not smart enough to have people give me money, I don't deserve it. That's sound reasoning. Bernie, you are the man. You are a true winner in life.
2-01-2009 @ 6:45PM
TEXAN said...
What a stupid article!!! What a stupid question!!!
No, his religion is no reason for the American public to pillory the man.
He should be thrown in prison for being WHITE, and Male, and Monogamus, and Heterosexual, and American.
These are the politically uncorrect stereotypes presently up for bashing now.