Blogger Leon H. takes a hard look at Air America’s latest explanation for the public funding mess involving NYC non-profits. Writes Leon:

There are a couple of other rather large glaring holes in this statement. If Gloria Wise went under, was that due to the fact that they were short about half a million in cash? If so, it more or less leads you to believe that the money has not been “actually repaid” but is still in “agreed to be repaid” land.

Second, given that Gloria Wise is now closed, how will the money now be repaid? Isn’t this a handy loophole for Air America to jump through? “Gosh, we’d really like to repay them – in fact, we agreed to repay them, but due to some unforseen circumstance, they went under. Weird. Oh well, nothing to be done now.”

Unless I am missing something in this statement, that is exactly the position Air America is currently taking: we agreed to repay this months ago, but Gloria Wise doesn’t exist anymore…

Also raising eyebrows: that bizarre summer camp compensation arrangement noted at the end of Air America’s statement.

Fishier and fishier.

Janeane? Al? Anyone? Anyone?

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Round-ups at The Blogometer and Mark in Mexico.

More at Captain’s Quarters. Scott at Power Line is reminded of the lyrics to King Midas in Reverse.

Paul at Wizbang weighs in on the muddied waters.

Hugh Hewitt: “[W]hat did Al Franken know, and when did he know it?”

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Air America is scrambling
Air America: Don’t blame us
Air America: Stealing from poor kids?!