William Aramony, president of United Way of America, was getting $463,000 a year in pay and benefits. He flew on the Concorde and spent $20,000 one year on limousines. A spin-off organization bought an apartment for Aramony's use and hired his son. Exposure of these abuses led to Aramony's sudden retirement. The head of the New York-area United Way division (pay: $341,000) also recently retired -- on a lump-sum pension of $3.3 million.
Philanthropoids worry that the scandals at America's biggest charity will make Americans less generous. It would be nice if, instead, this episode led Americans to reconsider the virtues...
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