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Thats a shame about salvation army. It always bugged me that the top execs rake in enormous comp packages. I know the counter to that: that it supposedly takes
by gosub100 3y ago
Thats a shame about salvation army. It always bugged me that the top execs rake in enormous comp packages. I know the counter to that: that it supposedly takes talented people to manage large organizations, blah blah blah. I just can't get behind it, I really wish real business people from the private sector could take 0.5 - 1 year off to manage charities for free, same way big law firms do pro bono.
Regarding Detroit, thats also unfortunate that they didn't go for an established REIT or something, where everyone has legal stake. There's tons of legal precedent for setting up shares (similar to co-ops), just the fact that she wasn't going that route is a huge red flag and indicator it's a scam.