Left-wing groups funded by Madoff money took big hit with his demise: I’m just sick
June 30th, 2009
No tags for this post.Bernard Madoff De-Funded America’s Left
The American Spectator
Embezzler Bernard Madoff, who swindled clients out of at least $50 billion, was sentenced to 150 years imprisonment today but very few media reports have focused on the damage that Madoff did to left-leaning foundations and political causes.
I wrote about this topic in the American Spectator in January.
The record-breaking fraud has forced the closing of the JEHT and Picower foundations, longtime supporters of leftist groups.
Left-wing groups funded by those charities include ACORN, Center for Constitutional Rights, and Alliance for Justice.
Thus proving the adage “It’s an ill wind that blows no good.”