Posted on 12/25/2008 5:20:55 AM PST by jimbo123
The American Civil Liberties Union sent out an emergency appeal to card-carrying members and donors this week after realizing it is a victim of Bernard Madoff's self-confessed Ponzi scheme.
"We've been hit hard in a way that no one could forecast," Alma Montcla, director of administration and finance for the left-leaning advocacy group, wrote this week.
"Two foundations that have been incredibly generous and longstanding supporters of our national security and reproductive freedom work have been victimized by the Madoff scandal - forced to close their doors and terminate their grants," the plea said.
(Excerpt) Read more at nypost.com ...
bump
Life is good.
Nice Christmas gift.
Yeah, and Bernie Madoff was a goyim mole out to destroy Judaism.
It kind of makes you wonder why an organization dedicated to economic equality was investing in hedge funds. LOL.
The Jeht foundation will be completely extinct? I have no doubt that it will end up being taxpayer money that will bail them out, unfortunately.
Unfortunately, they (the ACLU) may pursue more lawsuits
to get more fee awards, unless the losses were big enough.
Yes. Few people realize what a scam the ACLU is. They, like all organizations organized for collective action (e.g., labor unions, MADD, GreenPeace, Trout Unlimited, etc), have been co-opted by the treacherous few for the own personal aggrandizement. It amazes me that their attorney’s fees are paid win or lose by the taxpayer.
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