Tuesday, November 2, 2010

Charitable Giving and Oligarchs

An interesting story about a Ukrainian oligarch can be found here

"The problem was that Kolomoisky had not been elected but appointed unilaterally by the organization’s outgoing president, Jonathan Joseph, who had met Kolomoisky for the first time earlier that day. Joseph defended his sudden decision as justified by the size of Kolomoisky’s gift -- and by the need to respond to a man who might not be inclined to wait for an official vote from the board of directors."

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