
In today's Wall Street Journal on page R1 is a story titled "A Taste for Risk - Again"
Newspapers Without Profits (as Non-Profits)Source: Think Progress
Not to pick on any one institution, but, from a constitutional perspective, how did we end up in a society where Williams College has (or had, before September) an endowment well in excess of one billion dollars, while the Washington Post, a fountainhead of Watergate and so much …

What would you think of a charity group that lost over 99% of its cash assets in one year? In 1998, the Shriners Hospitals for Children started the year with a cash asset balance of $354 million. By the end of the year, they were down by $351 million.