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RE: LeoThread 2025-05-28 23:02

in LeoFinance5 months ago

Part 3/8:

In discussing the board meeting that resulted in his ousting, O'Keefe recalled how envy and personal politics played a critical role in the decision-making process. Members of the board seemed convinced that the expertise and talent of their 65 employees would be enough to sustain the organization without him. This miscalculation, however, led to financial ruin, as the trust that donors had in Project Veritas diminished rapidly.

O'Keefe highlighted that, contrary to the belief that “content is king,” the foundation of investigative journalism is built on trust. As donations dried up and followers fled, the reality of their situation became painfully clear—the board had underestimated the importance of O'Keefe’s leadership and credibility.

Financial Catastrophe