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Thursday 28 June 2018

Pistachio Billionaires' Foundation Lends Millions to Business Associates

Billionaire couple Stewart and Lynda Resnick’s charitable foundation has pursued an unusual investment strategy: lending millions of dollars to the pair’s business associates. In 2016, the loans made up 88% of the organization’s total assets.

from WSJ.com: What's News US https://ift.tt/2yQjvFZ

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