Ezra Merkin, the money manager who invested more than $2.4 billion in Bernie Madoff's Ponzi scheme and has since been sued by both Andrew Cuomo and his disgruntled investors, is not having a good week. His hedge fund was turned over to liquidators the other day. Now he's caved to pressure and stepped aside as president of the Fifth Avenue Synagogue. What could be next? If you hear about an emergency co-op board meeting at 740 Park, you may have your answer. [NYT]