Why charities, arts groups worry about Wall Street's financial woes

 
By David B. Caruso
Published: September 27, 2008

NEW YORK — Financial services firms and their well-paid executives historically have been generous givers to museums, colleges, hospitals and social service organizations, in New York and around the globe.

Now, nonprofit administrators are watching the crisis on Wall Street with queasy stomachs as reliable donors like Lehman Brothers , American International Group , Merrill Lynch and Bear Stearns change han...


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