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Madoff-invested charities contributed $365k to Media Matters
Daily Caller ^ | 11:45 PM 02/27/2012 | Vince Coglianese, Jamie Weinstein

Posted on 03/02/2012 3:34:39 AM PST by jmcenanly

Media Matters for America accepted funding from at least three foundations whose money “grew” under the fraudulent stewardship of the now-incarcerated Bernard Madoff. One of those foundations was backed by a man many believe was in cahoots with the legendary financial criminal.

Madoff’s Wall Street empire crumbled in late 2008 after federal authorities were tipped off to his multibillion-dollar Ponzi scheme.

Among those institutions that saw their fortunes evaporate were foundations that had placed their trust and investments in Madoff’s surreal enterprise. Three of those philanthropies contributed money to Media Matters in 2008, at least one of which may have even been complicit in Madoff’s scheme.

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


TOPICS: Crime/Corruption; Government
KEYWORDS: madoff; mediamatters
If Madoff had given so much as a dollar toward a cause tangentially associated with conservatism, he would have been derided as a major conservative donor upon his arrest
1 posted on 03/02/2012 3:34:43 AM PST by jmcenanly
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