Langston Hugh Parellotta Speech Summary

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Overall, Pallotta addresses the upside of investing for a charity’s growth. However does not take into account disadvantages that may entail down the road, when it comes to how an overhead spending regardless of it being 10% or 40%. Pallotta’s speech only begs us to further ask the question, “is the misuse of wealth worth the guilt of ruining others’ trust or it’s the vulnerability of its own economic future?”. Whether it be a business, a non-profit organization or company, rich CEOs are no different from corporate citizens where corporations have to think solely about their wallet before others. There are many charities where a large amount of the proceeds goes towards expansion of their company yet their CEO are making more than they should

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