Is the U.S. Treasury Secretary Giving Away His $800-Million Fortune?

By Ian Wilhelm

Environmental charities probably celebrated last week when news leaked out that U.S. Treasury Secretary Henry M. Paulson, a long-time supporter of conservation programs, had plans to contribute almost his entire fortune to charitable causes.

An article in Financial News, an online news service, reported that Mr. Paulson planned to contribute $800-million, making him one of the most-generous donors in the nation.

The article said his philanthropic fund, the Bobolink