The Boy Scouts of America, decades of sexual abuse and an inevitable bankruptcy

Thousands of former Boy Scouts and their parents are now wondering how an organization with nearly $1 billion in net assets and over $200 million in annual revenues can go bankrupt. Was it financial mismanagement that led to this bankruptcy filing? No, the Boy Scouts of America has done a very good job of managing its assets. Another kind of malfeasance led us to this place.Since its founding in 1910, the Boy Scouts of America has been targeted by criminal pedophiles seeking access to boys. For the same reason that Scouting is popular with boys, it is popular with criminals that want to prey o...

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