The Chronicle of Philanthropy
PHILANTHROPY & THE ECONOMY

In Hard Times, Philanthropy Can Lead the Way

You know the news is bad when strangers start blurting out updates in the elevator.

In this case, the elevator was in Coeur d'Alene, Idaho, and the man furiously thumbing his smart phone looked up and said, "WaMu's gone under."

WaMu — Washington Mutual Bank —...

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