How Do You Spell FAIL?

ACLU. (NYT link).

“This family, that has sought to protect its privacy by arranging its gifts anonymously, notified us last month that due to market conditions it will be unable to make its expected sizable donations of over $20 million,” Mr. Romero said.

A.C.L.U. board members, who insisted on anonymity because the loss of the gift was reported in an executive session of their meeting, identified the donor as David Gelbaum, who made a fortune as a hedge fund manager and is now better known as a major investor in clean technology.

Mr. Romero said that donors like the Leon Levy Foundation, the Open Society Institute, Peter B. Lewis and John Sperling had stepped up with pledges totaling $23 million spread over the next three years. But unlike the annual Gelbaum gifts, the new money will have to be shared with state affiliates.

“Even with this incredible outpouring of support, we may still not have sufficient resources to replace our revenue gap,” Mr. Romero said. “Therefore we will need to consider a number of budget reductions as well as the possibility of drawing down from our reserve funds if necessary.”

Late last year, suffering from a decline in charitable giving caused by the economic downturn as well as the loss of income from two foundations hit by the Bernard L. Madoff scandal, the A.C.L.U. pared 10 percent of its national staff, or 36 jobs, and Mr. Romero agreed to a 15 percent cut in his salary, reducing it to $302,048 this year, compared with $355,000 in the prior year.

HAHAHAHAHHAHAHfuckyoulosersHAHAHHAHAHAHHAHAHA*cough*HAHAHAHHAHAHHAHAHAH!

Oh, this is fucking rich! Fuck you, ACLU! Fuck you with a rusty American Flagpole that had been used to impale and defile the Maplethorpe photos.

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