Monday, December 22, 2008

Environmental Research Affected by Bernie Madoff's Alleged Crimes

US News and World Report:
Daily Kos today declared Bernie Madoff public enemy No. 1 for progressives not only because of his alleged Ponzi Scheme swindling, but also because he will instantly result in a loss of funding for hundreds of progressive organizations - some of which were doing environmental work. Madoff controlled the funds of the JEHT Foundation, a major source of grants for organizations like Amnesty International, Human Rights Watch, and the ACLU. According to a statement from President and CEO Robert Crane, the foundation will close its doors next month. Virtually all of its grants will be cancelled.