Friday, October 17, 2008

Economic chaos is a threat to charities as well - Scotsman.com News

Economic chaos is a threat to charities as well - Scotsman.com News: "THE collapse of the Icelandic banking system last week highlighted how even charities are caught in the maelstrom of the current banking and economic crisis.
It was reported that one British charity had £11.2 million of deposits in Kaupthing Singer & Friedlander and was just one of many charitable organisations who now find money out of reach."

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