Facing hard times, Shriners may close 6 hospitals

Ralph Semb is featured in this Associated Press article as he explains about the Shriners' financial crisis and decisions to strongly consider closing many of their hospitals because they can't afford to keep them open. He's telling the press the endowment has been shrinking since 2001 but fails to disclose that he's been at the helm since 2002. In other words, this has happened on his watch, the loss of $1 million a day.