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In the aftermath of a wave of criticism, his company collapsed.

One breast cancer charity that parted ways with Mr. Pallotta began producing its own fund-raising walks, but the net sum raised by those walks for breast cancer research plummeted from $71 million to $11 million.

But because his company collapsed, the true comparison figure that Mr. Pallotta raised became $0 million. As a business, it didn't succeed. And he's blaming the world. People often give to charities to feel charitable, and having a profit-motive undermines that - even if the result is that less money is raised. This is because people making donations are often fulfilling a need to give and help people - not by what is best for those being helped. The latter requires a kind of ruthless saint, quite different from the human motivation of brotherly love.

In contrast, ordinary businesses helps people, or else no one would give them money. A fantastic example of this is Grameen Bank "microcredit": http://www.grameen-info.org/index.php?option=com_content&... Usury (interest for credit) has got to be pretty much the opposite of charity, yet it seems to do tremendous good.