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Senate panel heavy-handed regarding nonprofits
LIZ HEATH;
Back in June when we were all thinking about taking a summer vacation, the Senate Finance Committee was holding hearings on a batch of recommendations made by staff for "fixing" the nonprofit sector.
That Congress would start heading in this direction was predictable. There have been serious breaches of financial responsibility and trust in the nonprofit sector and an attitude of no tolerance for such problems has spilled over from the corporate sector in the wake of all the misdeeds of folks at Enron and the like
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