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SVT Shelby GT500
Carroll Shelby's charity
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<blockquote data-quote="1 BULLITT" data-source="post: 5334720" data-attributes="member: 40557"><p>I read the whole article and find peculiar the fact that the officers of the charity were Shelby, his wife, his attorney and very few funds ever made it out of their possession.</p><p></p><p>I suppose the moneys have not been stored for safe keeping in Carroll Shelby's residence, my guess would be a stable financial institution which can make money. </p><p></p><p>Earnings on bank CDs can account to a conservative 5% annual rate of interest. The grants have accounted for 1% of the total donations seems kind of low considering it is a ballpark 20% of the potential interest earnings without ever touching the principle.</p><p></p><p>Shelby better hope the digging stops real soon.</p></blockquote><p></p>
[QUOTE="1 BULLITT, post: 5334720, member: 40557"] I read the whole article and find peculiar the fact that the officers of the charity were Shelby, his wife, his attorney and very few funds ever made it out of their possession. I suppose the moneys have not been stored for safe keeping in Carroll Shelby's residence, my guess would be a stable financial institution which can make money. Earnings on bank CDs can account to a conservative 5% annual rate of interest. The grants have accounted for 1% of the total donations seems kind of low considering it is a ballpark 20% of the potential interest earnings without ever touching the principle. Shelby better hope the digging stops real soon. [/QUOTE]
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