Detailed text transcripts for TV channel - FOXNEWS - 20150520:19:18:00
Demise of the charities, seems preposterous but assuming there is some criminal prosecution of these guys what would their defense be? could they simply say hey, you know what administrative costs are really high. >> well they could. they are allowed ordinary reasonable reasonable in amount administrative costs, they're allowed reasonable salaries and reasonable expenses but all of those expenses must go directly to the charitable purposes. it's hard to argue that many of these spent only a fraction of which you indicated in our opening, went directly to charitable expenses. interestingly, gre...