Author/Source:Dini Partners, January 2011.
The year 2010 was nothing short of a year of new, falling and restored hopes as we have seen economic indicators rise and stumble only to show continuing signs of stabilization. Indices hit 52-week highs, only to erode gains within a matter of days and weeks. With movements like those of the tidal surges and swells, the good news was that the threats of collapse were not realized. By the end of 2010, while joblessness remained high along with a depressed housing market, there were clear signs of a slow but continuing recovery. GM stocks were offered to the public and banks made substantive payments on their recovery funds. By midyear 2010, there appeared to be a stabilizing of the philanthropic marketplace as a number of capital campaigns were resurrected or launched for the first time in almost two years.
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