The Myth of Daphne

Disney heiress' foundation, tied to Occupy Wall Street, heavily invested in Goldman Sachs, Halliburton
Obama speaks Wednesday on the Buffett Rule surrounded by millionaires, including Abigail Disney

Obama speaks Wednesday on the Buffett Rule surrounded by millionaires, including Abigail Disney

BY:

President Obama stood with a number of high-profile millionaires Wednesday who said they support the president’s “Buffett Rule” to increase economic fairness.

A foundation run by one of those millionaires, however, is heavily invested in the large corporations Obama has criticized in the past.

Abigail Disney, granddaughter of Roy Disney, is the president of the Daphne Foundation and has donated nearly $10,000 to Obama since 2007.

According to the group’s most recent tax filing, the Daphne Foundation has public equity holdings worth thousands in companies such as Goldman Sachs, Halliburton, JPMorgan Chase, and Wal Mart, among many others.

The foundation also funds a group linked to the radical Occupy Wall Street movement.

One of the groups the foundation has supported, Community Voices Heard, participated in major rallies for the Occupy Wall Street movement in the fall of 2011, one of which the Daphne Foundation promoted on Facebook. In March of this year, the group participated in a rally targeting a Mitt Romney fundraiser at the Waldorf Astoria Hotel in Manhattan.

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