Yeshiva U., Following Madoff Losses, Bars Conflict of Interest
April 17, 2009

Yeshiva University, which invested and lost millions with Bernard Madoff, has revised its conflict of interest rules, barring trustees from doing business with the university, Bloomberg reported. Madoff was a member of Yeshiva's board, as was Ezra Merkin, whose investment firm sent Yeshiva's funds to Madoff.

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