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School suffers a financial loss

Parents warned as Maimonides trust's value falls

By Michael Paulson
Globe Staff / December 17, 2008

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The Maimonides School, the oldest and largest Jewish day school in Greater Boston, is warning parents that it has lost a steady source of income because a bequest that benefited the school lost 60 percent of its value in the fraud-driven collapse of Bernard L. Madoff Investment Securities. (Full article: 492 words)

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