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Posted: 12/24/2008 4:37:41 AM EDT
My heart bleeds for them. 
http://www.examiner.com/x-536-Civil-Liberties-Examiner~y2008m12d23-ACLU-hit-by-Madoff-Ponzi-scheme
A begging letter just sent out by the American Civil Liberties Union reveals that the organization, which has taken on such an important role in recent years with its battles against the Bush administration's assaults on due process and revival of the use of torture, is a victim of the Bernard Madoff Ponzi scheme. While the ACLU had no money of its own invested in Madoff's scams, foundations on which it relies for substantial funding were devastated by the scandal. The letter, signed by Director of Administration and Finance Alma Montclair, says: You have, no doubt, heard about the Bernard Madoff Ponzi scheme in which investors have been horribly defrauded of up to $50 billion. What you may not know is that two foundations that have been incredibly generous and longstanding supporters of our national security and reproductive freedom work have been victimized by the Madoff scandal –– forced to close their doors and terminate their grants. That means that $850,000 in support we were counting on from these foundations in 2009 simply won't exist. We're dealing with that reality and remain committed to continuing our critical work in these areas. Civil liberties advocates who want to help offset the ACLU's financial difficulties can make donations here. |
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Posted: 12/24/2008 4:38:41 AM EDT
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Posted: 12/24/2008 4:38:43 AM EDT
In before Simpsons "HA HA" photo.
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Posted: 12/24/2008 4:39:16 AM EDT
There is justice!!!!!!
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Posted: 12/24/2008 4:41:16 AM EDT
HA HA!!
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Posted: 12/24/2008 4:43:12 AM EDT
Awwww, that's just too bad, poor Commies
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Posted: 12/24/2008 4:43:45 AM EDT
Ha Ha! Merry Christmas liberal bitches.
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Posted: 12/24/2008 4:54:51 AM EDT
Couldn't happen to a nicer bunch of people!
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Posted: 12/24/2008 5:07:25 AM EDT
Another in before the Simpson Ha-Ha picture and by the way, Ha Ha! Merry Xmas ACLU.
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Posted: 12/24/2008 5:08:52 AM EDT
chortle.....
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Posted: 12/24/2008 5:09:34 AM EDT
An organization utterly devoted to the destruction of this nation.
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Posted: 12/24/2008 5:12:02 AM EDT
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Posted: 12/24/2008 5:14:47 AM EDT
I hate communists.
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Posted: 12/24/2008 5:16:34 AM EDT
Quoted:
Awwww, that's just too bad, poor Commies The capitalist generosity has somehow failed them. There is a silver lining to every cloud. |
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Posted: 12/24/2008 5:16:54 AM EDT
Love how they had to throw a jab in there at President Bush.
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Posted: 12/24/2008 5:19:45 AM EDT
that's a shame
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Posted: 12/24/2008 5:20:20 AM EDT
 I think I might have wet myself a tiny bit laughing.
Jane |
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Posted: 12/24/2008 5:28:34 AM EDT
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Posted: 12/24/2008 5:29:49 AM EDT
As my late mother-in-law would say, "Life is tough when you have to chew milk."
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Posted: 12/24/2008 5:31:03 AM EDT
So, in other words, before the Ponzi scheme went bust, the ACLU benefited from it.
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Posted: 12/24/2008 5:35:33 AM EDT
Madoff is lucky this guy was French http://www.nbcsandiego.com/news/us_world/Madoff-Fund-Operator-Found-Dead-in-Office.html
I heard some retired guy yesterday who lost basically everything he had invested with Madoff. One of Madoff's flunkies in Boston married into some wealthy Boston/New York family and lost a ton of that families money also. |
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Posted: 12/24/2008 5:37:43 AM EDT
Proof God still exists.
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Posted: 12/24/2008 5:39:19 AM EDT
Quoted: Proof God still exists. Get back to me about that on January 20th  |
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Posted: 12/24/2008 5:40:03 AM EDT
Quoted:
In before Simpsons "HA HA" photo. +1 |
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Posted: 12/24/2008 5:45:36 AM EDT
national security work? reproductive freedom work?? WTF
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Posted: 12/24/2008 5:48:09 AM EDT
The ACLU can kiss my ass-Ha Ha.
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Posted: 12/24/2008 5:51:22 AM EDT
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Posted: 12/24/2008 9:17:33 AM EDT
I love it .
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Posted: 12/24/2008 9:22:46 AM EDT
FU |
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Posted: 12/24/2008 9:26:02 AM EDT
They will ask for a bailout now
Thats all they want |
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Posted: 12/24/2008 9:27:18 AM EDT
Quoted:
Madoff is lucky this guy was French http://www.nbcsandiego.com/news/us_world/Madoff-Fund-Operator-Found-Dead-in-Office.html I heard some retired guy yesterday who lost basically everything he had invested with Madoff. One of Madoff's flunkies in Boston married into some wealthy Boston/New York family and lost a ton of that families money also. saw something this week that said a lot of Jewish organizations had invested with him, and lost everything. |
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Posted: 12/24/2008 10:33:03 AM EDT
That means that $850,000 in support we were counting on from these foundations in 2009 simply won't exist. Apparently, the ACLU's annual budget is around $50 million. So, this shortfall amounts to around 1.7 percent of their total budget. |
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Posted: 12/24/2008 10:37:20 AM EDT
I'm sure there's more than meets the eye with this Madoff case, like his sons have a huge pile of cash waiting for them somewhere, while Madoff senior takes off to go live in Israel.
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Posted: 12/24/2008 10:39:37 AM EDT
Quoted:
I'm sure there's more than meets the eye with this Madoff case, like his sons have a huge pile of cash waiting for them somewhere, while Madoff senior takes off to go live in Israel. So far, that doesn't appear to be the case. It looks like he may have ruined his kids as well because they had a lot of their money with him. |
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Posted: 12/24/2008 10:41:08 AM EDT
Karma. Love it.
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Posted: 12/24/2008 10:43:08 AM EDT
Quoted:
Quoted:
Madoff is lucky this guy was French http://www.nbcsandiego.com/news/us_world/Madoff-Fund-Operator-Found-Dead-in-Office.html I heard some retired guy yesterday who lost basically everything he had invested with Madoff. One of Madoff's flunkies in Boston married into some wealthy Boston/New York family and lost a ton of that families money also. saw something this week that said a lot of Jewish organizations had invested with him, and lost everything. It wasn't really organizations, it was specifically charities. He also preyed on old people. |
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Posted: 12/24/2008 10:45:31 AM EDT
Well, shucky darn.
Sometimes good does happen as a result of something bad.
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Posted: 12/24/2008 10:49:10 AM EDT
Quoted:
Quoted:
I'm sure there's more than meets the eye with this Madoff case, like his sons have a huge pile of cash waiting for them somewhere, while Madoff senior takes off to go live in Israel. So far, that doesn't appear to be the case. It looks like he may have ruined his kids as well because they had a lot of their money with him. Plus they were fairly instrumental in him getting busted. |
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Posted: 12/24/2008 10:51:12 AM EDT
Quoted:
They will ask for a bailout now Thats all they want Given the recent trends, they'll probably get something, if through back door channels. |
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Posted: 12/24/2008 10:51:30 AM EDT
Quoted:
I hate communists. Me too––and I'm even in before the apologists who will claim the organization may have been founded by Communists, but it's not a Communist organization, nor dedicated to Communist ideals. 
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Posted: 12/24/2008 11:05:07 AM EDT
Quoted:
Quoted:
I hate communists. Me too––and I'm even in before the apologists who will claim the organization may have been founded by Communists, but it's not a Communist organization, nor dedicated to Communist ideals.
DULoken seems to be taking a break, and DUPolo, well.... come here buddy, thanks for giving this forum a great Christmas gift a few weeks early 
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Posted: 12/24/2008 11:10:19 AM EDT
Matloff is Jewish and defrauded TONS of Jewish charites, not to mention his own children.
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Posted: 12/24/2008 11:11:49 AM EDT
Quoted:
Quoted:
Quoted:
I'm sure there's more than meets the eye with this Madoff case, like his sons have a huge pile of cash waiting for them somewhere, while Madoff senior takes off to go live in Israel. So far, that doesn't appear to be the case. It looks like he may have ruined his kids as well because they had a lot of their money with him. Plus they were fairly instrumental in him getting busted. Correct. They went to their attorneys and their attorneys advised them to go to the FBI. They haven't spoken to their father since and refused to sign for his bond. |
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Posted: 12/24/2008 11:21:34 AM EDT
Well boo-freakin' hoo !
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Posted: 12/24/2008 11:26:12 AM EDT
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Posted: 12/24/2008 11:33:35 AM EDT
two foundations that have been incredibly generous and longstanding supporters of our national security and reproductive freedom work have been victimized by the Madoff scandal –– forced to close their doors and terminate their grants.
Wonder which two foundations? Since ACLU is all about openness, shouldn't they name names? |
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Posted: 12/24/2008 11:38:32 AM EDT
Quoted:
My heart bleeds for them.
http://www.examiner.com/x-536-Civil-Liberties-Examiner~y2008m12d23-ACLU-hit-by-Madoff-Ponzi-scheme
A begging letter just sent out by the American Civil Liberties Union reveals that the organization, which has taken on such an important role in recent years with its battles against the Bush administration's assaults on due process and revival of the use of torture, is a victim of the Bernard Madoff Ponzi scheme. While the ACLU had no money of its own invested in Madoff's scams, foundations on which it relies for substantial funding were devastated by the scandal. The letter, signed by Director of Administration and Finance Alma Montclair, says: You have, no doubt, heard about the Bernard Madoff Ponzi scheme in which investors have been horribly defrauded of up to $50 billion. What you may not know is that two foundations that have been incredibly generous and longstanding supporters of our national security and reproductive freedom work have been victimized by the Madoff scandal –– forced to close their doors and terminate their grants. That means that $850,000 in support we were counting on from these foundations in 2009 simply won't exist. We're dealing with that reality and remain committed to continuing our critical work in these areas. Civil liberties advocates who want to help offset the ACLU's financial difficulties can make donations here. Made the link hot for everyone. Don't everyone click at once.
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Posted: 12/24/2008 11:48:55 AM EDT
Quoted:
Quoted:
My heart bleeds for them.
http://www.examiner.com/x-536-Civil-Liberties-Examiner~y2008m12d23-ACLU-hit-by-Madoff-Ponzi-scheme
A begging letter just sent out by the American Civil Liberties Union reveals that the organization, which has taken on such an important role in recent years with its battles against the Bush administration's assaults on due process and revival of the use of torture, is a victim of the Bernard Madoff Ponzi scheme. While the ACLU had no money of its own invested in Madoff's scams, foundations on which it relies for substantial funding were devastated by the scandal. The letter, signed by Director of Administration and Finance Alma Montclair, says: You have, no doubt, heard about the Bernard Madoff Ponzi scheme in which investors have been horribly defrauded of up to $50 billion. What you may not know is that two foundations that have been incredibly generous and longstanding supporters of our national security and reproductive freedom work have been victimized by the Madoff scandal –– forced to close their doors and terminate their grants. That means that $850,000 in support we were counting on from these foundations in 2009 simply won't exist. We're dealing with that reality and remain committed to continuing our critical work in these areas. Civil liberties advocates who want to help offset the ACLU's financial difficulties can make donations here. Made the link hot for everyone. Don't everyone click at once. I considered donating $0.02
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Posted: 12/24/2008 11:54:45 AM EDT
I laughed, I cried, it was better than Cat's to read this. The greatest Christmas present I will get this year.
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Posted: 12/24/2008 11:55:47 AM EDT
Quoted:
Quoted:
Quoted:
My heart bleeds for them.
http://www.examiner.com/x-536-Civil-Liberties-Examiner~y2008m12d23-ACLU-hit-by-Madoff-Ponzi-scheme
A begging letter just sent out by the American Civil Liberties Union reveals that the organization, which has taken on such an important role in recent years with its battles against the Bush administration's assaults on due process and revival of the use of torture, is a victim of the Bernard Madoff Ponzi scheme. While the ACLU had no money of its own invested in Madoff's scams, foundations on which it relies for substantial funding were devastated by the scandal. The letter, signed by Director of Administration and Finance Alma Montclair, says: You have, no doubt, heard about the Bernard Madoff Ponzi scheme in which investors have been horribly defrauded of up to $50 billion. What you may not know is that two foundations that have been incredibly generous and longstanding supporters of our national security and reproductive freedom work have been victimized by the Madoff scandal –– forced to close their doors and terminate their grants. That means that $850,000 in support we were counting on from these foundations in 2009 simply won't exist. We're dealing with that reality and remain committed to continuing our critical work in these areas. Civil liberties advocates who want to help offset the ACLU's financial difficulties can make donations here. Made the link hot for everyone. Don't everyone click at once. I considered donating $0.02
If it costs them $.06 to process a transaction for $.02, they would lose money. I would donate $100 if it would cost them $200! I would just do it $.02 at a time! |
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Posted: 12/24/2008 11:59:31 AM EDT
He made off with their money too. LOL
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