Saturday, January 5, 2008
Indiana Children's Wish Fund Wins One
The Indiana Children’s Wish Fund, which grants wishes to children and teenagers with life-threatening illnesses, got an early Christmas gift on 21 December 2007, according to the New York Times. Morgan Keegan, a brokerage firm in Memphis, made an undisclosed payment to the charity to settle an arbitration claim; the Wish Fund said it had lost $48,000 in a mutual fund from Morgan Keegan that had invested heavily in dicey mortgage securities. Now that the Wish Fund’s complaint has been settled, Ms. Ceaser-Hudson can carry on the organization’s work, the New York Times reports.
Posted by Indianapolis Observer at 8:16 PM