The following is an essay from a good friend of mine who specializes in family philanthropy consulting, Richard Marker. The community was traumatized – they had managed to absorb political reversals, terrorism, and general economic deterioration. As difficult, upsetting, disconcerting, and challenging each of this succession of crises had been, they had always been by outsiders. This crisis was of a different sort altogether. A powerful insider in the financial community had been indicted; his financial institution bankrupt; huge sums had been lost by individuals and by institutions. This was too close; it cut too deep, it belied trust and loyalty; it was nothing less than a trauma.No, this was not about a Mr. Madoff, and the country was not the United States. This is the story of Argentina.... http://wisephilanthropy.blogspot.com/
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