J. Ezra Merkin, Madoff Financier, Quits Synagogue Position

06/22/2009 05:12 am ET | Updated May 25, 2011
  • Paul Vitello New York Times

J. Ezra Merkin, the financier who entrusted sizable portions of his friends' and investors' money to what turned out to be Bernard L. Madoff's Ponzi scheme, stepped down Wednesday night as an officer of the Fifth Avenue Synagogue, a wealthy congregation founded 50 years ago by his father, and whose members included some of Mr. Merkin's largest individual investment-losers.

Read more on New York Times

YOU MAY LIKE