According to this report, the Picower Foundation, a $1 billion Florida foundation devoted to supporting “reproductive rights,” has gone under, shutting down completely because its investments were in Bernard Madoff’s ponzi scheme. The foundation was a prime funder of Planned Parenthood. So now Planned Parenthood, the nation’s largest abortion provider, is having to lay off 20% of its employees!
Madoff debacle hurts Planned Parenthood
About Gene Veith
Professor of Literature at Patrick Henry College, the Director of the Cranach Institute at Concordia Theological Seminary, a columnist for World Magazine and TableTalk, and the author of 18 books on different facets of Christianity & Culture.