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Greenberg's Starr Foundation Sues AIG, Alleging Fraud over Credit Losses

National News • May 9, 2008
The Starr Foundation, controlled by former American International Group Inc. Chief Executive Maurice "Hank" Greenberg, has sued the insurer, claiming it misrepresented its exposure to credit ...

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Subject: RE: RE: Charitable?

Posted On: May 12, 2008, 4:09 pm CDT
Posted By: wudchuck
Comment:
well, yes and no! i did not know that it was legal to put money into stocks from donations. to me that is a very risky business, how can you account for the losses that you can get? afterall, it's donations from folks. it's not a charitable organization if they are making money to give money in this case, because they are using a risky adventure! stocks are never safe. it does not matter they lots of money in the past, now they are claiming a loss and suing for the loss and they knew full well, that stocks are risky!! not a very wise decision for a charitable organization.
Subject Posted By Posted On
RE: RE: Charitable? KAZOO
May 13, 2008, 4:34 pm
RE: RE: RE: RE: Charitable? Mike
May 13, 2008, 12:10 pm
RE: RE: RE: Charitable? Trish
May 12, 2008, 6:01 pm
RE: RE: Charitable? wudchuck
May 12, 2008, 4:09 pm
RE: Charitable? fisher
May 12, 2008, 3:27 pm
Charitable? wudchuck
May 12, 2008, 1:20 pm
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