> For instance, the 1999-2000 consolidated financial statement of the ARC lists the investments of the organization, including the Endowment Fund,
in millions as: U.S. government securities: $272,008; Corporate bonds and notes: $214,005; Common and preferred stocks: $602,394; Mortgage- and asset-backed securities: $254,064; Money market and other: $231,559.
Something like $1.5 trillion dollars. Not bad :-)
Grrrr Has the world gone mad? At least they're consistently corrupt.