Wiesel Foundation to Persevere Despite Madoff Losses
February 17, 2009 | Read Time: 1 minute
In a USA Today interview, Elie Wiesel, the Nobel Peace Prize winner, said losing almost all of his foundation’s assets in the Bernard Madoff scandal “will not change” the work it does on human-rights and global ethical issues.
The Elie Wiesel Foundation, founded by the author and Holocaust survivor, reported late last year that it had invested $15.2-million, most of its funds, in Mr. Madoff’s alleged Ponzi scheme.
“All my life has been about learning and teaching and building on ruins. That will not change,” said Wiesel, who started the foundation with his wife, Marion, in 1986. “I don’t want my name linked with that crook.”
