The LA Times reports "Madoff Debacle Hits Region's Jewish Community," with movie moguls like Spielberg and Katzenberg on the list.
The interesting questions at this point are whether the Madoff case represents merely a conventional affinity scam, exceptional only in being carried out among the richest and most influential affinity group in the country, or whether it's representative of a general trend where the more ethnocentric Jews are being hit particularly hard by the general financial collapse (not just Madoff), perhaps due to being more aggressive risk-takers. If so, that could have sizable political and cultural ramifications.
For example, consider the high regard with which the opinions of the Southern Poverty Law Center are treated. It basically comes down to the assumption: if they are rich, if they can afford to trumpet their assertions widely, then must be legit, right? (In truth, the vast wealth this so-called charity has piled up is more a sign of their moral corruption, but human beings respect riches.) What happens, though, if the SPLC, which gets much of its money from the kind of people who invest with the Bernie Madoffs of the world, isn't quite so rich in the future?