In the weeks following the last great domestic disaster, 9/11, the American Red Cross stockpiled blood for those who didn't need it, refused to share critical victim information with other charities, and was dressed down before Congress for planning to use relief funds to improve its internal operations. So is it good news that, as reported by the Chronicle of Philanthropy, of the $1.06 billion American charities have raised for Katrina relief so far--a record pace--a remarkable 72%, or $762.5 million, went to the Red Cross?
Despite the group's past blunders, charity watchdogs insist the $3 billion giant, mandated by Congress...