Jeffrey Davine Interviewed by CNN Regarding Madoff
December 19, 2008
Jeffrey Davine appeared on CNN's Lou Dobbs Tonight where he was asked by reporter Kitty Pilgrim about the due diligence required by charitable organizations in making investment choices. While some organizations may engage a third party to help manage their investment portfolios, "you can't delegate away your fiduciary responsibilities," Jeff stated. "The buck stops with the Board of Directors."