Long time friend and donor to Brandeis Robert M. Jaffe was charged with securities fraud Monday by the Securities and Exchange Commission in connection with Bernie Madoff.
Jaffe has been charged with allegedly ignoring signs of Madoff’s fraud as he funneled $ 1 billion from as many as 1,000 client funds to the convicted ponzi-artist.
In a statement to the Boston Globe, the SEC said that the brokerage firm Jaffe worked for marked investments with Madoff "while knowingly or recklessly disregarding facts indicating that Madoff was operating a fraud."
Jaffe’s relationship to the university was first reported by The ...
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Univ. suspends contributions to retirement funds
The university will suspend contributions to faculty and staff retirement funds for Fiscal Year 2010 in order to help close the university’s projected $8.9 million budget gap. They change will go into effect July 1.
The plan, which will save the university $7.4 million, was approved by the Board of Trustees on May 15.
Any university employee who is over 21-years of age and has worked for the university for over one year is eligible for the university’s retirement plan, Vice President for Human Resources Scot Bemis said.
Faculty Budget Committee (FBC) Chairman Prof. Peter Conrad (SOC) said in a phone interview that ...
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‘Friend of univ.’ charged with securities fraud
Donor’s nephew sues university
Sumner Kalman, nephew of Brandies donor Julius Kalman, filed for a court injunction against the ...
Ayers Speaks at Brandeis
Former weather underground leader William Ayers spoke to Brandeis students last night about the three steps it takes to ...
Demonstrators protest Ayers speech
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NJ Mayor to deliver main address at commencement
Mayor of Newark, NJ Cory Booker will deliver the main address at Brandeis University’s 58th commencement ceremony May 17, university ...
Public Safety responds with firearms after spotting BB gun on hidden camera
Public Safety Officers drew their department issued semi-automatic firearms from their holsters after viewing live video surveillance footage of what ...
UJ issues RMS ruling, RMS to remain for now
The Student Union Judiciary (UJ) ordered Union Secretary Tia Chatterjee ’09 to hold Racial Minority Senator (RMS) elections as soon ...
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