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Technion was a Madoff victim

The Fundermentalist over the coming days is going to become largely a running bullet-point list of the fallout from the Bernard Madoff scandal.

JTA has just learned that the Technion-Israel Institute of Technology was among Madoff’s clients and was affected, but the university is not yet sure how deeply it was cut.

"Our accountant is trying to figure out all of the facts. Technion definitely was a client of Bernard Madoff," a spokesman for the Technion told JTA.  "At this point, we just don’t really have all the details."

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