Posted by taxguru on September 15, 2002
Tainted Donations
Charities that benefited from donations of pumped up stocks do have a bit of a dilemma. My take is that the idiots who paid such outlandishly high prices for dot-com & other fictitious businesses deserved what they got. Hopefully, the charities were wise enough to sell off those inflated shares as soon as they came in
KMK
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Tax Guru - Ker$tetter Letter 