"A co-worker alerted Wade Rathke, who consulted with a few of ACORN's national leaders. When the group's longtime accountants at the New Orleans firm Duplantier, Hrapmann Hogan & Maher conducted an audit and found that $948,507 had been stolen, the Rathke family set up a formal repayment schedule. Dale Rathke was removed as comptroller at CCI, but he stayed on as a consultant at ACORN. "
So how did the repayments work out?
"The Rathke family repaid about $214,000 starting in 2001 through a loan taken out by CCI, and a California donor, Drummond Pike, recently stepped in and repaid the remaining debt. "
Nice, eh? CCI took out the loan and Pike repaid the rest. So, bottom line they never paid the stolen money back.
But who is this "California donor" Pike anyway?
"Secrecy, pass-through, and lobbying guru for hundreds of left-wing groups and their funders
"
Pike founded the Tides foundation and get this: "Wade Rathke, ACORN co-founder, has been a Tides director from the start."
Taking care of their own, eh?
More here.
Who else does Pike give money to? Obama of course.
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