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JEHT to close its door a victim of the Madoff

By Karl R. Keys, Esq.

I’ve been perhaps slow posting the earthquake of a story that JEHT will be closing its doors.  Scott @ Grit notes: News came on Monday that the JEHT Foundation, a philanthropic charity out of New York that has funded a great deal of criminal justice reform work in Texas and around the country, will cease giving grants and close its doors in January because their money was invested with alleged Wall Street crook Michael Madoff who apparently lost all their money in a $50 billion “ponzi scheme.” You can read the announcement from their President Robert Crane here.. . . The JEHT Foundation was particularly important because it had undertaken to finance grants in areas like civil liberties advocacy and criminal justice reform that more traditional liberal foundations had considered too edgy to support...continue to full post

Full post as published by Capital Defense Weekly on December 21, 2008 (boomark / email).