Bloomberg top aide to run his charity, keep city job
New York City Michael Bloomberg named the city’s first deputy mayor, Patricia E. Harris, the chairwoman and chief executive of his $1.75 billion charity, and named prominent political figures like former Treasury Secretary Henry Paulson former Florida Gov. Jeb Bushto its board, The New York Times reported March 31 (see Bloomberg foundation story). Harris will keep her city job, prompting criticism the move created a conflict of interest.
Phone scam prompts lifetime ban, $18.8 million penalty
Two New Jersey businessmen whose phone solicitors told prospective givers they worked directly for charities and promised the charities would get 100 percent of each donation when in fact the fundraisers kept 85 cents of every dollar now have agreed to settle federal civil charges by agreeing to a lifetime ban on telemarketing and soliciting for charities and to pay $18.8 million in civil penalties, the most in the history of the Federal Trade Commission, the Philadelphia Inquirer reported April 1 (see N.J. fundraising scam story).
New York City ending program to pay poor for good behavior
The city of New York will end a program that paid cash to poor families to encourage good behavior and self-sufficiency but did not have much of an impact on their lives and financial health, The New York Times reported March 30 (see good behavior program story).