A Koch spokeswoman disputed the demand, arguing, “The Koch entity involved made an investment in an entirely separate fund. That Koch entity no longer exists and its investment was redeemed in 2005, long before anyone knew of Madoff’s fraud.”
Even the Rupert Murdoch-owned WSJ noted the amusing irony in their lead:
Koch Industries Inc., whose billionaire owners are funding an ad campaign (via an advocacy group they support) criticizing the Obama administration’s support of bankrupt solar company Solyndra LLC, faces a call to give back money received from Bernard Madoff’s Ponzi scheme.
Even if the Kochs lose this case though, $21.5 million would hardly make a dent in the billionaires’ empire or, one imagines, their extensive giving to right-wing Republican causes.