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Official: Thatcher's Neo-Con slush-fund Foundation closed down

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emad Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-12-05 08:36 AM
Original message
Official: Thatcher's Neo-Con slush-fund Foundation closed down
Snip from:

End of an era for Thatcher foundation
Patrick Barkham
Wednesday May 11, 2005
The Guardian

Mystery surrounds the future of the Margaret Thatcher Foundation after it emerged that the British wing of the high-profile organisation set up by the former prime minister in 1991 was formally dissolved at Companies House two days before the general election.
Files showed directors, who included the historian Norman Stone, former Conservative party treasurer Lord McAlpine and Lord Gowrie, an arts minister in the Thatcher era, wound up the company in the wake of declining finances.

"We've not had a meeting for some time," said Professor Stone. "I'm more of a sleeping board member."

Companies House files showed an apparent financial decline since the halcyon days of 1994, when the foundation had assets of £1.4 million and made donations of almost £600,000 to further its goals of promoting international free trade and encouraging democracy in former communist countries. At the end of 2002, its assets were £8,816 compared with £116,531 the previous year.

A spokeswoman for Lady Thatcher would not comment on the closure of the British arm of the Thatcher Foundation but insisted it was not the end of the foundation.
http://www.guardian.co.uk/uk_news/story/0,3604,1481041,00.html

SO WHERE DID THE $$$$$$$$$$$$$$s go? Doshing up General Pinochet in those illicit Riggs Bank accounts......and bailing out Mark Thatcher over the Equatorial Guinea Coup plot, plus paying off his fines?
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rodeodance Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-12-05 08:39 AM
Response to Original message
1. we call them 'righ wing think tanks" in the US (of course there are slushy
fundi funds also)

.....Companies House files showed an apparent financial decline since the halcyon days of 1994, when the foundation had assets of £1.4 million and made donations of almost £600,000 to further its goals of promoting international free trade and encouraging democracy in former communist countries. At the end of 2002, its assets were £8,816 compared with £116,531 the previous year.
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mrgorth Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-12-05 08:48 AM
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2. Let me be the first to say...
Fuck Thatcher.
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