Monday, April 02, 2007

National News-Jewish Charities Not Worried

National News: "Jewish Charities Not Worried

Jacob Berkman
JTA Wire Service

APRIL 01, 2007
New York

The Jewish philanthropic world is not worried that a downturn in U.S. stock markets so far ttis year will hurt investment in Jewish causes.

The economy generally has been booming since the early 1990s. And despite a market crash when the high-tech bubble burst in 2000 and after the Sept. 11 terrorist attacks, a bull market that resumed in 2003 pushed indexes such as the S&P 500 and the Dow Jones Industrials Average back to record highs earlier this year.

The boom has led to an infusion of cash into the Jewish world."

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