Originally published on Thu April 5, 2012 12:59 pm
The author of Three Cups of Tea has agreed to repay $1 million to a charity he founded, after the Montana Attorney General's office found that he had mismanaged the nonprofit by spending charity money on personal items.
The AP reports that Greg Mortenson misspent Central Asia Institute funds on "family vacations and millions on charter flights."
The AP adds Mortenson pretty much had unchallenged control of the non-profit:
Job seekers attend a career fair in New York City. Federal Reserve Chairman Ben Bernanke says the quick drop in unemployment might have been a reversal of overzealous cutbacks during the financial crisis.
The monthly employment report Friday could help answer a key question about the economy: Will the recently strong job growth slow once employers finish replacing the people they fired during the depths of the recession?