New Era Philanthropy scandal exposes nonprofit neglect
A Securities and Exchange Commission charge details how the Radnor based New Era Foundation misused at least 55 million in early 1990s, as donors including United Way of Southeastern Pennsylvania lost about 2 million. The piece critiques oversight failures by regulators, banks, and the IRS, noting a 200 million inflow before collapse and broader questions about safeguarding charitable assets.
MENTIONED IN THIS ARTICLE
Foundation For New Era Philanthropy
Wall Street
Radnor
United Way
Pennsylvania
New Era
Rockefeller
Bennett
Ernie Preate
Prudential Securities
Radnor Police Department
Internal Revenue Service
IRS
Independent counsel Adams and the HUD probe lessons
The article profiles Arlin Adams, the HUD independent counsel, noting his low profile approach during the Reagan era. It highlights 16 convictions and $12 million recovered for taxpayers, his restraint from chasing bigger targets, and the still-ongoing Watt perjury case.
MENTIONED IN THIS ARTICLE
Arlin Adams
Department of Housing and Urban Development
Adams
HUD
Samuel Pierce
Washington, D.C
Pierce
Interior
James Watt
GOP
Portland
Oregonian
The 55 mph fight over federal power and speed limits
Stephen Chapman notes the 55 mph federal speed limit, imposed in 1973 to save fuel, shifted highway control to Washington. He argues states should decide limits themselves, citing safety data and the value of local judgment, and suggests conservatives favor decentralization while liberals opposed federal crime bills.
MENTIONED IN THIS ARTICLE
Supreme Court
Patrick Henry
Nixon
Congress
Don Nickles
Oklahoma
Washington
Montana
Wyoming
Chuck Hurley
Insurance Institute For Highway Safety
New Jersey
New Mexico
Illinois
Iowa
Chicago
Stephen Chapman
Legislative Troubles and Private School Tax Credit Debate
North Carolina coverage notes trees harmed by heating pipes at the Legislative Building and a Senate House debate on tuition tax credits HB 954. The piece quotes lobbyists John Wilson and Marian Stallings Cook arguing for credits to shift private school costs onto taxpayers, and House Speaker Brubaker linking Smart Start funding to corporate contributions. Political cartoon tone persists throughout.
MENTIONED IN THIS ARTICLE
House of Representatives
N.C. House of Representatives
N.C. Association of Educators
John Wilson
Marian Stallings Cook
North Carolina
Wilson
Marian
Ms. Stallings- Cook
House
Harold Brubaker
Assembly
Paul O'Connor
Capitol Press Association
Balkans War Talk Warns Against U S Ground Invasion
Retired Col. David Hackworth argues against US ground involvement in the Balkans. He criticizes Clinton administration policy, NATO air strikes, and warns of a Vietnam-like quagmire, urging restraint and lessons from past conflicts. He cites Sun Tzu and McNamara, urging a cautious approach and hostages negotiation.
MENTIONED IN THIS ARTICLE
Balkans
Bill Clinton
NATO
Clinton
Colin Powell
Vietnam
Somalia
Yugoslavia
Gang
Congress
Sun Tzu
Robert McNamara
United Nations
U.S
U.S. Army
David H. Hackworth
Also Mentioned on This Page
Journal
John R. Graham
Patrick Holmes
Dennis A. Frazier
Billie Heuser
Vermont
Royster
By Dan Piraro
Stephen Chapman Commentary
Raleigh
David Hackworth
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