Timing matters

Some headlines from the past few days: Federal Reserve loans $85 billion to bailout insurance company AIG (Sept 16) Bank of America buys Merrill Lynch for $50 Billion (Sept 15) Treasury Department announces takeover of Fannie Mae and Freddie Mac – puts $5 trillion in mortgages on taxpayer bill (September 6) Go back a few [...]

Bad day for charities

Just heard this on the radio – Mark Everson, formerly of the IRS, has been ousted as CEO of the Red Cross after just six months – after having a “relationship with a subordinate.” That makes five leaders in six years at The Red Cross – time enough to have dealt with 9/11, Katrina, Rita, [...]