American Jewish Congress suspends operations, may merge

The American Jewish Congress, one of the oldest and historically powerful organizations of the Jewish-American establishment, is temporarily suspending its operations, sources told The Jerusalem Post Saturday.
Inside sources said that the Jewish group, which was hit hard by Bernie Madoff's Ponzie scheme, may merge with the American Jewish Committee, which would mark the end of the 92-year-old organization's time as an independent group.Richard Gordon, President of AJCongress, said that "we have the money in the bank, but cannot get to it because of our constitution. We expect to have access to it in a matter of weeks."
Regarding speculations on a merger with the American Jewish Committee, he said "we're talking to the American Jewish Committee time and again...where it leads, I don't know."