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Boy Scouts of America may declare bankruptcy
New York Post ^ | December 12, 2018 | Max Jaeger

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 ...


TOPICS: Culture/Society; Government
KEYWORDS: bankruptcy; boyscouts; bsa; gay; homosexualagenda; pedophiles; scouts; yag
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BSA are having a tough time.
1 posted on 12/12/2018 4:29:14 PM PST by detective
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To: detective

Not surprised.


2 posted on 12/12/2018 4:30:44 PM PST by bgill (CDC site, "We don't know. how people are infected with Ebola.")
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To: detective

I’m surprised it took so long.


3 posted on 12/12/2018 4:30:47 PM PST by JudyinCanada
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To: detective

BSA reaps what it sows.

News at 11....


4 posted on 12/12/2018 4:31:43 PM PST by hattend
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To: detective

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!


5 posted on 12/12/2018 4:31:56 PM PST by originalbuckeye ('In a time of universal deceit, telling the truth is a revolutionary act'- George Orwell)
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To: detective

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


6 posted on 12/12/2018 4:32:09 PM PST by super7man (Madam Defarge, knitting, knitting, always knitting)
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To: detective
Oh No!

Now what will the girls do?!?!?!?!?

7 posted on 12/12/2018 4:32:19 PM PST by G Larry (There is no great virtue in bargaining with the Devil)
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To: detective

They INVITED GAY SCOUTS AND LEADERS IN!! DUH!!!!


8 posted on 12/12/2018 4:32:34 PM PST by Ann Archy (Abortion....... The HUMAN Sacrifice to the god of Convenience.)
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To: JudyinCanada

Chalk up another one for the Marxists.


9 posted on 12/12/2018 4:32:49 PM PST by Don Corleone (Nothing makes the delusional more furious than truth.)
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To: detective

Leftists ruin everything. Damn them all to hell.


10 posted on 12/12/2018 4:33:36 PM PST by Caipirabob (Communists...Socialists...Fascists & AntiFa...Democrats...Traitors... Who can tell the difference?)
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To: All

Thanks Rex you moron.


11 posted on 12/12/2018 4:34:05 PM PST by gibsonguy
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To: detective

They sent a warning to parents of scouts about an hour ago. I’ve been expecting a shoe to drop. This was it.


12 posted on 12/12/2018 4:34:42 PM PST by Flash Bazbeaux
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To: detective

They became philosophically bankrupt a few years ago.

Too bad, they used to be a great, positive influence on the Country.


13 posted on 12/12/2018 4:34:57 PM PST by Paladin2
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To: detective

Good. It was once great. It was destroyed by liberalism. Gay scoutmasters. Girls admitted.


14 posted on 12/12/2018 4:35:10 PM PST by I want the USA back (There are two sexes: male (pronoun HE), and female (pronoun SHE). Denial of this is insanity.)
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To: detective

So disgusted with them, I honestly thought about taping my Eagle to a brick and giving it back...


15 posted on 12/12/2018 4:36:20 PM PST by SENTINEL (Kneel down to God. Stand up to tyrants. STICK TO YOUR GUNS !)
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To: detective

Very sad, but not surprising. I cherish my early years as a Scout.


16 posted on 12/12/2018 4:36:34 PM PST by Huskrrrr
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To: detective

Former Scout here. Not shedding any tears for them, though. They that sow the wind shall reap the whirlwind


17 posted on 12/12/2018 4:37:05 PM PST by irishjuggler
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To: I want the USA back

A woman in my area was designated a Scout Master!!! I would not let my boys join!


18 posted on 12/12/2018 4:37:10 PM PST by notaliberal (St. Michael the Archangel, defend us in battle,)
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To: detective

Certain people want their properties


19 posted on 12/12/2018 4:37:17 PM PST by combat_boots (God bless Israel and all who protect and defend her! Merry Christmas! In God We Trust!)
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To: detective

doing this so they can sell off all the camps


20 posted on 12/12/2018 4:37:44 PM PST by Craftmore
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