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Guess who's riding to rescue of those failing newspapers
wnd ^ | 5/4/-09

Posted on 05/03/2009 9:43:50 PM PDT by FromLori

King and queen of toxic mortgages' underwrite 'independent' investigative reporting – with a tilt Posted: May 03, 2009 9:49 pm Eastern

© 2009 WorldNetDaily

Herb and Marion Sandler WASHINGTON – With newspapers dropping dead like the flies they once swatted, a new non-profit riding to the rescue with free, ready-made "independent investigative reporting" is accepting money from a billionaire couple with a far-left agenda and dubbed "the king and queen of toxic mortgages."

Herb and Marion Sandler, who sold their Golden West Financial Corp. to Wachovia and nearly bankrupted the buyer with its portfolio of subprime loans, committed $10 million to Pro Publica Inc., the non-profit that promises underwritten hard-hitting investigative journalism that has a "moral force" to newspapers facing cutbacks in staff and elimination of editions.

But, according to a report by Capital Research Center, the Sandlers have donated hundreds of millions of dollars to MoveOn.org, George Soros' Democracy Alliance, David Brock's Media Matters, John Podesta's Center for American Progress, the William J. Clinton Foundation, the Tides Foundation, the Institute for Public Policy, the Natural Resources Defense Council and two affiliates of the voter-fraud tainted ACORN, the Association for Community Organizations for Reform Now – and many other groups and causes with a portside tilt.

(Excerpt) Read more at wnd.com ...


TOPICS: Business/Economy
KEYWORDS: fundingtheleft; newspapers; sandler

1 posted on 05/03/2009 9:43:50 PM PDT by FromLori
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