Posted on 12/12/2018 4:29:14 PM PST by detective
The Boy Scouts of America is mulling declaring bankruptcy amid flagging membership and an avalanche of costly sex abuse allegations, according to the Wall Street Journal.
Leaders have hired Chicago law firm Sidley Austin for help in a potential Chapter 11 bankruptcy filing, sources told the outlet.
The organization has been fending off lawsuits over alleged abuse, including one filed by four former scouts who called the club a pedophile magnet and alleged that they were molested by scoutmaster Waldron Ackerman between 1974 and 1976.
The organization has reportedly lost two-thirds of its members some 4 million boys since the 1970s.
(Excerpt) Read more at nypost.com ...
Not surprised.
I’m surprised it took so long.
BSA reaps what it sows.
News at 11....
Allowed gays to join (pure in thought word and deed?)
Allowed gay Scoutmasters
Allowed girls to join
Why bother with a BOY Scouts of America? No wonder it is failing!
Exactly what the homosexual community wanted from the beginning.
It is truly a sad day for America.
Scout: 1964-1971
Eagle Scout:1969 (Award signed by Richard Nixon)
Adult Scouter: 1996-2008
Son, Eagle Scout: 2007
Now what will the girls do?!?!?!?!?
They INVITED GAY SCOUTS AND LEADERS IN!! DUH!!!!
Chalk up another one for the Marxists.
Leftists ruin everything. Damn them all to hell.
Thanks Rex you moron.
They sent a warning to parents of scouts about an hour ago. I’ve been expecting a shoe to drop. This was it.
They became philosophically bankrupt a few years ago.
Too bad, they used to be a great, positive influence on the Country.
Good. It was once great. It was destroyed by liberalism. Gay scoutmasters. Girls admitted.
So disgusted with them, I honestly thought about taping my Eagle to a brick and giving it back...
Very sad, but not surprising. I cherish my early years as a Scout.
Former Scout here. Not shedding any tears for them, though. They that sow the wind shall reap the whirlwind
A woman in my area was designated a Scout Master!!! I would not let my boys join!
Certain people want their properties
doing this so they can sell off all the camps
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