Tag Archives: bard college


Schools re-evaluate after Madoff losses

January 21, 2009 : Permalink

The Brown Daily Herald – Several colleges and universities are sustaining large financial losses in the aftermath of Bernard Madoff’s $50 billion hedge fund scam. Madoff defrauded investors by using money collected from new investors to pay off existing ones […]

Bard College lost $3 million in Madoff scheme

January 16, 2009 : Permalink

Daily Freeman – Bard College said on Thursday that it lost about $3 million in investments tied to disgraced Wall Street financier Bernard Madoff. Bard spokesman Mark Primoff said the losses came in the Northern Dutchess school’s $270 million endowment […]