BROKEN TRUST: Greed, Mismanagement, & Political Manipulation at America's Largest Charitable Trust
Edition: Trade paperback.
Honolulu, University of Hawai'i Press, (2006). A Latitude 20 Book. "Princess Bernice Pauahi Bishop was the largest landowner and richest woman in the Hawaiian kingdom. Upon her death in 1884, she entrusted her property - known as Bishop Estate - to five trustees in order to create and maintain an institution that would benefit the children of Hawai'i: Kamehameha Schools. A century later, Bishop Estate controlled nearly one out of every nine acres in the state, a concentration of private land ownership rarely seen anywhere in the world. Then in August 1997 four revered kupuna (native Hawaiian elders) and a professor of trust-law publicly charged Bishop Estate trustees with gross incompetence and massive trust abuse. Entitled "Broken Trust," the statement provided devastating details of rigged appointments, violated trusts, cynical manipulation of the trust's beneficiaries, and the shameful involvement of many of Hawai`i's powerful." This book expands the story of the original article. Illustrated with photographs. Named Hawaii Book of the Year in 2007. Index. xi, 324 pp. ISBN: 978-0824830441.
Condition: Fine in glossy illustrated wrappers.