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Search results for "finances" ...

  • Money Games: Inside the NCAA

    The NCAA was never supposed to rival its professional counterparts. It's an educational, nonprofit organization. It pays no state or federal taxes on its billions in TV contracts, millions in sponsorships, millions in licenses and Final Four tickets. Its members are not sports teams at all, but 933 institutions of higher learning. The story details finances and other questionable practices by the organization.
  • Independent Report Critical of Red Cross Management

    The accounting and auditing firm of the American Red Cross conducted a confidential review of its management and handling of finances. Both were reported as severely deficient (as much as 25% of the money in the disaster relief fund was unaccounted for). The firm provided the charity a confidential 600-page report. Though they were not legally required to release the report, the NonProfit Times obtained a copy.
  • Los Angeles City Councilman Richard Alatorre: Personal Finances and Public Trust

    Richard Alatorre is at the hub of Los Angeles' most powerful political machine and is a major power broker in the nation's most populous county. In a series of articles over a six-month period, The Times examined the busy intersection of the lawmaker's personal finances and public duties. The stories laid bare conflicts of interest, misuse of office and possible violations of federal banking and political corruption laws by Alatorre.
  • Good Government Bad Government

    Across the street from each other sit the offices of one of the country's best run cities (Phoenix, Arizona) and on of its worst run counties (Maricopa County, Arizona), according to Governing Magazine. The article explores how the two governments affect one another and whether the situation will continue.
  • Day of Reckoning

    When Lancaster city officials revealed that the city's independent auditors had discovered that Lancaster had ended fiscal 1994 with a deficit of $1.7 million, Janice Stork, the city's mayor, blamed the deficit on Robert Bolton, the city's director of finances. Bloton was immediately dismissed. The Sunday news investigated the city's finances and discovered that the city had been overspending for five years, but had managed to balance city books by drawing down reserve funds.
  • (Untitled)

    Although orange County Treasurer-Tax Collector Robert Citron's supporters have intimated that he probably earned an extra $2.02 billion for the county during his 22 - year tenure--an amount that would equal the portfolio's spectacular loss this year--a Los Angeles Times analysis of his track record shows that he actually netted the county's 187 investors at best about a third of that sum. (Jan. 8, Feb. 12, March 6, June 5, 10, 1995)
  • (Untitled)

    The four-part series documented for the first time the finances of the secretive Nation of Islam religion and showed the debt, failure and allegatoins of fraud that underlie the businesses of Louis Farrakhan launched with the donations of his followers. The Tribune finds that while the businesses have failed, engaging in sham transactions to evade creditors and tax judgments, Farrakhan and his relatives live lavishly. (March 12 - 15, 20, May 17, Oct. 31, 1995)
  • Less Awaits at Shuler Middle School

    The investigation examines the difficulties schools face, ranging from the misconduct of students to poor funding of textbooks and equipment. Student-teacher relations are examined as well as race relations in Cleveland's West Park neighborhood. The reporter documents daily observations during her five days at a middle school. (Dec. 18, 1994)
  • Billions for Tuscumbia

    Times Daily looks into the activities of Tuscumbia Mayor Ray Cahoon and the sale of $27.8 billion worth of bonds in the name of the Tuscumbia Downtown Redevelopment Authority. Federal investigators say it has turned into a con game aimed at defrauding investors worldwide.
  • A Different Kind of Child Abuse

    Penthouse Magazine reports that Save the Children's "combination of generic Third Worldness, corporate imagery, and the sad faces of distant but real human beings sums up the charity's peculiar appeal... Sponsorship links the donor directly to a needy, sad-eyed target of the charity's work, rather than to a faceless fundraiser at the end of a solicitation... But sponsorship is not always what it appears to be... Anyone thinking clearly about the miserable poverty of the children in these ads would have to conclude that $20 a month - 65 cents a day - is not by itself enough to substantially alter the oppressive environments they inhabit."