Louisiana Attorney General's Office tells ACORN – Show Me The Money (the books and the corporate records)

For decades the Crescent City has played host to one of the most feared and revered political organizations in America, the Association of Community Organizations for Reform Now (ACORN). Today, the Louisiana Attorney General’s office executed a search warrant on ACORN’s National Headquarters at its Canal Street address.

“We’re looking for corporate records and financial documents” states Investigator Scott Bailey; which are essentially the same things the ACORN 8 sought nearly 18 months ago. “We also wanted ACORN real estate records” states Marcel Reid, President of ACORN 8.

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“We sent letters to the entire ACORN Board of Directors nearly a year ago, stating that it was either provide this information through the ACORN 8’s Writ of Mandamus (request for books and records) or we were going to go to the Police” continues Reid.

“It could not have happened at a better time” states Michael McCray, National Spokesman for the ACORN 8. “We believe that ACORN is trying to flee this jurisdiction. Since Louisiana seems to be the only government agency that is seriously investigating ACORN.”

“If ACORN hopes to survive then the know nothing, see nothing, do nothing board of directors must by replaced by individuals with the strength and capabilities to fulfill their fiduciary obligations and the courage to reign in corruption within ACORN’s senior management ranks” continues Reid.

“ACORN as we know it today is finished. It’s a 40 year old business model that never adopted to changing political times or new technology” McCray continues, “and a do nothing board of directors can not operate such a high-profile multi-national corporation.”

ACORN is still reeling after a barrage of bad press and negative government reaction following undercover videos of “pimps and prostitutes” seeking ACORN assistance; and is desperately struggling to remove itself from this legal imbroglio.

In a letter that ACORN Attorney Schwartz sent to “ACORN Friend’s in the Legal Community” stating, “We need some top-notch bankruptcy advice and maybe representation. The reorganization may involve the creation of new nonprofit entities in each state where ACORN functions, as ACORN considers moving from a centralized corporate structure to a decentralized federated structure. ACORN will need help from people who have handled rebranding …”

“That’s like putting lipstick on chitterlings” states McCray, “If ACORN was afraid of the independent audit and forensic examination which eight ACORN board members demanded; I can’t imagine what they will do once a U.S. Bankruptcy Trustee is appointed to investigate ACORN.”

“The ACORN 8 have always sought a forensic examination and an independent audit of ACORN and its related entities. And we were thrown off the board for attempting to investigate a $1 Million embezzlement” continues Reid.

Recently, Eric Eve senior vice president of Global Consumer Group, Community Relations, at Citigroup also unexpectedly resigned from the ACORN Advisory Council. The “new” board charged with assisting Bertha Lewis, ACORN Chief Organizer to investigate and reorganize ACORN. This advisory council includes John Podesta, head of the Center for American Progress, a liberal think tank; Andrew Stern, president of the Service Employees International Union; and former Maryland Lt. Gov. Kathleen Kennedy Townsend.

“ACORN’s organizational structure and management culture creates real conflicts for anyone who truly seeks to exercise their fiduciary obligations for the benefit of the membership and not just to appease management” concludes Reid.

While not everyone has always approved of ACORN’s confrontational tactics, many know some of the impressive results achieved for poor people over the years. Living wage laws to fight poverty. Partnership with unions to assist workers. Housing programs to get Americans one step closer to the American dream. Those are real, tangible victories that improve people’s lives.

“We just only hope and pray that ACORN’s mission to serve the underserved, and give meaningful voice to low and moderate income families can continue” states McCray. The ACORN 8 is dedicated to doing just that. Quoting the late Senator Edward Kennedy, an ardent ACORN supporter, McCray concludes “the work goes on, the cause endures, hope still lives, and the dream will never die.”

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