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The Ruth and Carl Shapiro Foundation has said it lost more than half of its 2007 assets. |
Shapiro tax filing shows a steep loss
Foundation writes down $140m for ’05 after Madoff fraud
The family foundation of Carl Shapiro, one of Bernard Madoff’s longtime friends and investment clients, has amended its taxes to reflect more than $140 million in losses to the convicted swindler. (Full article: 752 words)
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