Chapter 11

Acorn Going Bankrupt

It's been a disastrous couple of years for community organizing group Acorn, but the end seems mercifully near. The organization is preparing to file for bankruptcy protection, The New York Times reports, finally collapsing under the weight of a loss of government funding, a series of tough attacks from the right, and numerous scandals involving fraud and incompetence. According to the Times, 15 of the group's 30 state chapters have disbanded in the last six months, while two of its largest chapters, New York and California, have broken off to form their own organizations.