Comment

Overnight Open Thread

616
Charles Johnson10/15/2011 10:46:25 am PDT

Soros: not a funder of Wall Street protests | Reuters

Soros spokesman Michael Vachon said that Soros has not “funded the protests directly or indirectly.” He added: “Assertions to the contrary are an attempt by those who oppose the protesters to cast doubt on the authenticity of the movement.”

Soros has donated at least $3.5 million to an organization called the Tides Center in recent years, earmarking the funds for specific purposes. Tides has given grants to Adbusters, an anti-capitalist group in Canada whose inventive marketing campaign sparked the first demonstrations last month.

Vachon said Open Society specified what its donations could be used for. He said they were not general purpose funds to be used at the discretion of Tides — for example for grants to Adbusters. “Our grants to Tides were for other purposes.