Madoff loser Carl Shapiro now gets asterisk for performance enhancing question, bailout of Madoff

(Bloomberg): "Carl Shapiro’s name is chiseled into Boston’s largest academic and medical centers, testament to the roughly $80 million that he showered on the city in the past decade.

• Now it comes with a Bernard Madoff-sized asterisk....

“As a percentage of the population and significance of the charities involved, Boston was hardest-hit,” said Mark T. Williams, a professor at Boston University School of Management and a former Federal Reserve bank examiner. Shapiro “is Mr. Boston,” Williams said. “If Mr. Boston is hit, what do you think that does to Boston?” ...

• Shapiro gave Madoff $250 million 10 days before his arrest,

the Wall Street Journal reported, citing unidentified sources. Madoff promised Shapiro he would get it back quickly and with interest, but never did, the newspaper said."...

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