Morning Wire BLM Financial Scandal | 5.22.22
May 22, 2022
Dive into the intriguing financial controversies surrounding the Black Lives Matter Global Network Foundation. Explore how millions in donations post-George Floyd's death raised eyebrows over fund mismanagement. The discussion highlights tensions between local chapters and central leadership, as well as allegations of lack of transparency. Discover the ideological evolution of the movement and its connection to prominent political figures, all while examining the broader implications for society and public perception.
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BLM's Resurgence
- The death of George Floyd in 2020 marked a turning point for BLM, leading to increased support and donations.
- Corporations like Amazon and individuals donated millions, viewing it as a racial reckoning.
Internal Tensions
- Despite increased donations, internal issues arose, including tensions between local chapters and the BLM Global Network Foundation.
- Local chapters complained about a lack of funding and transparency regarding the millions donated.
Leadership Scrutiny
- Co-founder Patrice Cullors faced scrutiny for purchasing multiple homes worth millions of dollars, raising questions about the group's finances.
- Cullors stepped down, and subsequent leadership changes were unsuccessful, leaving uncertainty about who was in charge.
