Sometimes It's Nice Not To Be Noticed
One interesting sidelight of the Bernard Madoff financial scandals, at least here in Arizona, is the lack of any gossip about local investors or institutions who have lost money invested with him. I've heard nothing, and I spend a lot of time talking with some of the biggest gossips in the Phoenix Jewish community. (Cue faux outrage: I resemble that remark, sir!) We're perfectly capable of developing our own financial houses of cards, but apparently none of our machers achieved the level of status that allowed them the privilege of putting their money in the leading national Jewish Ponzi scheme.
In other words, in the American Jewish community hierarchy, in the contest of who you know (and is there any other game?), we in Phoenix rank behind Latin America.