North Shore Post-Madoff
/John Hopkins reports this in his current Spike Bar column:
The latest news is that the North Shore Country Club on Long Island, New York, is in financial trouble after one third of its members, many of whom were clients of Madoff's, resigned, unable to afford the $16,000 annual membership. As a result the club has laid off 20 part-time employees and, having been in existence for 95 years, is struggling to reach its centenary.