ACORN 8 Says Bank Donations to ACORN are Misused

Kevin Mooney of the Washington Examiner has another good article on ACORN (which we profiled in the November editions of Foundation Watch and Labor Watch).

It begins:

Donations from financial institutions to the Association of Community Organizers for Reform Now during the past several years for community redevelopment are open to misdirection and misappropriation, according to ACORN dissidents. Bank of America, JP Morgan Chase, and Citigroup made grants to the ACORN Housing Corporation and other ACORN affiliate groups. The three banks are also among the top recipients of federal bailout money under the Troubled Assets Relief Program (TARP). […]

The “dissidents” to whom Mooney refers are the ACORN 8, a group of long-time ACORN activists who are angry about ACORN’s lawbreaking and corruption. I’m quoted in the article too.

I wrote about the ACORN 8 in the American Spectator earlier this year and have an article in this week’s Human Events arguing that ACORN should be probed for racketeering (RICO) law violations.

Matthew Vadum

The author of Subversion Inc.: How Obama’s ACORN Red Shirts are Still Terrorizing and Ripping Off American Taxpayers (WND Books, 2011), Vadum, former senior vice president at CRC, writes and speaks widely…
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