| News: December 2008 |
 Under Water
Annuities in for a tough ride
By Mark Hrywna
With economic markets going haywire the past few months and investors looking for a safe place to park their money, some charities are stepping up their efforts to push charitable gift annuities (CGA).
The American Bible Society (ABS), which created the first individual annuity in 1848 and today has 13,000 annuities with a value of approximately $40 million, plans a year-end push to identified constituencies through direct mail and the Web.
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| More Top Stories |
 Liar, Liar
Pants on Fire
Dealing with a truth-challenged employee
By Mark Hrywna
Confronted by his boss about an affair with the cleaning lady in his office, Seinfeld character George Costanza asks: “Was that wrong? Should I not have done that? I tell you, I gotta plead ignorance on this thing, because if anyone had said anything to me at all when I first started here that that sort of thing is frowned upon...”
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