Citing Madoff losses, American Jewish Congress suspends operations

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NEW YORK (RNS) The American Jewish Congress, a national advocacy group that has argued for church-state separation on prayer in public schools, has laid off most employees and suspended operations. The 92-year-old organization lost $21 million of its $24 million endowment to Bernard Madoff’s Ponzi scheme, which devastated a range of Jewish groups, including Yeshiva […]

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