Business
Money Talks - continued
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By Jim Sutherland published Sep 1, 2007
Giustra's announcement included a challenge to the mining industry. The Lundin Group kicked in $100 million of its own
Neville Elder/Corbis
Frank Giustra’s extraordinary gift to Bill Clinton’s foundation recalls the strategic largesse of the Rockefeller-era Robber Barons
Within the famously conservative mining industry, reaction to the initiative has not been universally positive. One website introduced a Giustra interview with the observation that most charities aren't worth the money it would take to blow them up. Nevertheless, companies from around the world have been signing up, and Giustra is at least part of the way to his stated goal of creating the first charity to be supported by an entire industry. Who'd have thought this is how Vancouver would claw its way back to the kind of leadership it enjoyed back in the days of the VSE?
