Tag Archives: @RedCross

this day in the yesteryear: Johnstown Flood Kills 2,209 (1889)


Johnstown Flood Kills 2,209 (1889)

When the South Fork Dam near Johnstown, Pennsylvania, collapsed after several days of heavy rains, it sent 20 million tons (18.1 million cubic meters) of water cascading downriver at speeds of 20–40 mph (30–60 km/h). Less than an hour after the breach, a 30-foot (9-m) wall of water smashed into Johnstown, killing more than 2,200 people. The American Red Cross’s response was one of its first major disaster relief efforts. Why did some blame the South Fork Fishing and Hunting Club for the tragedy? More… Discuss

this pressed: The Wall Street Takeover of Charity – ProPublica


The Wall Street Takeover of Charity

by Jesse Eisinger

ProPublica, Dec. 10, 2014, 12:23 p.m.

Donor-advised funds run by huge money management firms are exploding.

via The Wall Street Takeover of Charity – ProPublica.

this pressed: The Real Roots of Hedge Fund Manager Rage – ProPublica


The Real Roots of Hedge Fund Manager Rage – ProPublica.