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Nonprofits Hit Hard By Wall Street Fraud

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Nonprofits Hit Hard By Wall Street Fraud

Economy

Nonprofits Hit Hard By Wall Street Fraud

Nonprofits Hit Hard By Wall Street Fraud

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  • <iframe src="https://www.npr.org/player/embed/98278806/98278802" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

A fraudulent investor employing an elaborate Ponzi scheme has cost charities and other nonprofits billions of dollars.

Plus, as Republicans balk at the proposed auto bailout, the White House considers other options to bolster Detroit.

For the latest economic news, Farai Chideya talks with News & Notes contributor Keith Reed, who blogs at Keith Reed's Money Corner.

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