If, as Boris Pasternak, that great Russian writer, wrote “[s]urprise is the greatest gift which life can grant us,” then I have been gifted beyond my wildest expectations during my first six months as Treasurer of the American Bar Association.Throughout my candidacy and my term as Treasurer-elect, the economy was booming and, with the good stewardship of Bill Robinson, my predecessor as Treasurer and other Association leaders, as well as prudent financial management by our professional staff, the Association ended each year with a healthy surplus. We used this surplus to realize our mission of defending liberty and pursuing justice by supporting a broad spectrum of programs and services, both in the United States and abroad, benefiting both the public and our members. The Association’s activities will certainly be impacted by the economic turmoil of the past few months and my future reports to you will deal with our projections for the Association’s position in this new economic order. However, by definition, an “annual report” looks backward and we ought to take this moment to celebrate some of the real economic achievements of our fiscal 2007-2008 year which ended on August 31.SIGNIFICANT FINANCIAL ACCOMPLISHMENTS IN FISCAL YEAR 2008As of August… Read full this story
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