Daybreak: Bigger Boards are Better

• A study finds that most of the foundations that lost 30 percent or more of their money to Madoff had tiny boards of four or fewer. The lesson: “it’s not enough to allow Uncle George or Grandpa to say Bernie’s a good guy and make an investment.” [NYT]
• Leonard Cohen, who recently confirmed his plan to perform in Israel in September, has scheduled a concert in Ramallah two days later. [Haaretz]
• Young Jewish and Catholic leaders are powwowing in Rome “to promote and facilitate the next generation of leadership in Catholic-Jewish relations.” [JTA]
• A local court has ruled against a Jewish school in London that refused admission to a boy because his mother’s conversion wasn’t up to snuff. [Guardian]