If your institutional investments dropped dramatically you may have been effected by sub-prime investments that you were not aware of. It is the responsibility of the board and the CEO to know exactly how their monies were invested and to know under what circumstances their advisor was authorized to invest in such securities with a nonprofits monies.

So ask for the detail and if you were wronged take action.  A number of institutions, governments and individuals have taken legal action against financial companies for mixing high risk securities into their moderate low risk investments.

This entry was posted on Tuesday, April 22nd, 2008 at 12:01 am and is filed under Corporate Giving, Fundraising, Investing, Budgeting. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.