Wednesday, October 08, 2008
Minyanville - Market Commentary, Investing Ideas, Global Finance, The Economy: "But here’s what’s truly fantastic: He didn’t stop there. Newman didn’t want to be the only CEO giving away his profits. Ten years ago, he co-founded the Committee to Encourage Corporate Philanthropy (CECP). What started with 10 CEOs brainstorming innovative ideas for philanthropy has blossomed into a powerful organization comprising 175 members from 150 of the nation’s leading companies. JPMorgan Chase (JPM), Gap (GPS), Citigroup (C), GMAC Financial Services (GJM) and Johnson & Johnson (JNJ) are just a few of the proud members whom we know to be generous philanthropists."