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Bernard Madoff De-Funded America's Left

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.

Matthew Vadum is a senior editor at Capital Research Center, a Washington, D.C. think tank that studies the politics of philanthropy.

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