1199SEIU United Healthcare Workers East
Beth Israel Deaconess Urged to Investigate Member of Board of Overseers Who Raised Millions for Madoff
Published in Healthcare Mergers, Acquisitions and Ventures Week, March 7th, 2009
Beth Israel Deaconess Medical Center has been urged to investigate a member of its Board of Overseers who raised millions of dollars for Bernard Madoff in what is alleged to be the biggest Ponzi scheme in history, which may have a devastating impact on dozens of charities and non-profit organizations throughout the Commonwealth. BIDMC Board of Overseers member Robert Jaffe was a broker and vice president of Cohmad Securities Corp., which was based out of the same Manhattan office building as Bernard Madoff's firm.
Jaffe twice failed to appear after being subpoenaed by Secretary of State William F. Galvin, who has moved to shut down Cohmad Securities because of its...
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