Search results for: financial crisis

by Geraldine Fabrikant NEW YORK: Before he retired from the Federal Deposit Insurance Corp. three years ago, Gary Holloway was cleaning up the remnants of the U.S. savings-and-loan crisis two decades earlier. His problems included selling leaky gas stations in Florida and the Thomas Ranch…

by Alyson Klein Congress has approved a $700 billion plan aimed at stabilizing credit markets that also included an authorization of long-sought funds for rural school districts. The financial-assistance package includes a reauthorization of the Secure Rural Schools and Community Self-Determination Act, which provides federal…

by Anso Thom The Health Department has intervened in the crisis in the Free State after financial mismanagement has caused a shortage of antiretroviral drugs. E-mails were sent to ARV treatment sites in the province last week, ordering them to stop putting new patients on…

By Katharine ChildNursing in South Africa is in crisis, with a third of nurses admitting they moonlight and half saying they feel exhausted at work. There is a severe shortage of nurses, leaving those in the system overworked. Patients in the central corridor of Charlotte…

In August and September 2005, 30,000 children, driven from their homes by Hurricanes Katrina and Rita, arrived in Houston, Texas. Responding to the immediate needs of these children and their families, local agencies formed unprecedented partnerships to provide aid and support, including after-school educational and…

by LAURA M. HOLSON A year ago, Robert Paynter was comfortably retired and looking forward to years of refurbishing old cars and boating from his dock on Lake Norman in North Carolina. Over a 17-year career at Wachovia, he amassed a pile of stock and…

By RACHEL BECK NEW YORK (AP) - Nonprofits that are struggling because their donors lost money with Bernard Madoff are getting a bailout -- but not from the government. Richer foundations are stepping in to help. Human Rights Watch, The Center for Constitutional Rights and others are…

As 2008 draws to a close, organisations, just like individuals, should take a moment to reflect on the challenges and accomplishments of the year that is ending, and prepare for the one ahead. I’d like to do that, in this final column of an eventful…

By GLENN COLLINS Could we have picked a worse time for a gala? asked Richard J. Moylan, president of Green-Wood Cemetery in Brooklyn, regretting the disappointing turnout for the institution's fund-raising dinner on Friday night. He could have spoken for hundreds of nonprofits of all…

A Harlem Education Project That Won Big Corporate Backing Now Faces Cutbacks as Donors Close Their Wallets Original Source By MIKE SPECTOR NEW YORK -- Geoffrey Canada has spent decades building a strategy for saving poor children from crime-ridden streets and crumbling public schools. His…