Amid gloomy times, charities rethink glitzy fundraisers

“As New York’s first spring gala season since last year’s market crash kicks into gear, all sorts of charities are facing a difficult juggling act: They need to tone down the glitz to respect the terrible economy and the bubbling anger toward Wall Street excess,” Mike Spector reported in the Wall Street Journal . “But they still need to stage high-profile events to attract wealthy donors.”

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