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The New Gilded Age
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The Ford Foundation and the 1969 Hearings - Fireworks
Hearings delivered the first real regulations for philanthropic foundations. The 19 69 legislation makes some real, significant changes. One of them deals with the self dealing problem. It makes it clearly illegal to engage in self dealing after that legislation is passed. Unlike the walsh hearings, and despite bundy's performative defense, the 19 69 hearings delivered the firstreal regulations for philanthropist foundations.
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