Some would say that there is never a good time to defraud a charity out of so much money that it's forced to close its doors, but doing it during the worst economic crisis since the Great Depression, that's just really bad timing. Many of the investors who handed millions over to Madoff were charities and foundations who now find their assets severely depleted, some to the point that they are shutting down entirely.

A story like this can seem fun to rubberneck at when you think it's only hurting wealthy institutional investors. But Bernie managed to shut down the JEHT Foundation, which promoted "Justice, Equality, Human Dignity, and Tolerance." Therefore, not only has this fraud done damage to more than just the rich, Bernie Madoff can be directly blamed for weakening justice, equality, human dignity and tolerance in America.

He's gonna have a lot of apology cards to send out to charities this year. To help Bernie out, we drew up a few that he might wanna use...