Felicia Herman

Charities Anxious Over Market Volatility

03/19/2008
Staff Writer
Does the collapse this week of Bear Stearns, with its long history of strong philanthropic ties to UJA-Federation of New York, mark the beginning of a major tailspin affecting Jewish charities? Voicing concerns that parallel worries over the impact of the Bear Stearns’ buyout on the market in general, Jewish officials say it is too early to assess the impact but recognize that the coming period will be marked by uncertainty and belt-tightening.
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