Hurricanes plunge the Red Cross deep into debt; charity's chief looks for new sources of money -- Newsday.com: "NEW YORK (AP) _ The wave of storms battering the U.S. has plunged the American Red Cross deep into debt as it rushes to prepare for Hurricane Ike, prompting a searching look at how to stabilize its finances.
Gail McGovern, who became the embattled charity's president in June, said even a request for federal funding is under consideration as the Red Cross seeks to become less dependent on spontaneous donations that arrive only in the wake of huge disasters"
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