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Keith Olberman spoke about the closing of the Motion Picture Home. Here is a transcript from that show:

OLBERMANN: Alex Rodriguez holds a news conference about taking medicine he should not have taken and twice says, quote, I have to take my medicine. That‘s next, but first time for COUNTDOWN‘s number two story, tonight‘s worst persons in the world.

The bronze to Dr. David Tillman, CEO of the Motion Picture and Television Fund. Closing its hospital and retirement home in southern California, the proverbial Old Actors Home. About 120 retire performers and behind the camera people, wardrobe artists, everybody, will be farmed out to various nursing homes, this because the funds says it is losing 10 million dollars a year and is rapidly running out of money. Except that its latest financial statements from last November indicated no losses and its statement from July of 2007, when it opened a brand-new multi-million dollar gymnasium, showed about a 10 percent increase in money in the fund from the previous year.

As late as last October, the family of a veteran Hollywood actor asked that in lieu of flowers, donations in his memory be made to the Motion Picture and Television Home, and now its residents are being evicted, told, in essence, to go and die somewhere else. Amid rotten stories of money suddenly vanishing and more stories that the fund wants to instead open a condo-like development.

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