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Bernard Madoff De-Funded America's Left

By Matthew Vadum on 6.29.09 @ 12:33PM

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.

Comments

W. C. Rensselaer| 6.29.09 @ 1:09PM

This also helps to explain the wild outrage directed at Madoff by media compared to the sober reporting and not infrequent media silence in other large fraud cases.

paultex| 6.29.09 @ 5:50PM

Boo-hoo-hoo!

c. j. acworth| 6.29.09 @ 6:18PM

Don't even think of rejoicing at the idea of the Left being "defunded". After all, the current gang in DC will make sure thier pet contributors to thier campaigns will get plenty of swag from the taxpayer's pockets.

Pingback| 6.30.09 @ 2:45PM

Left-wing groups funded by Madoff money took big hit with his demise: I’m just sick links to this page. Here’s an excerpt:

…o’clock news. Enjoyable, engaging and slightly offbeat. About Left-wing groups funded by Madoff money took big hit with his demise: I’m just sick Posted at June 30, 2009 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…