Friday, February 05, 2010

Hey, Goldman Sachs: give half your bonuses this year to Haiti

From this article:
Haiti's disaster, on the front of every newspaper, has given Goldman Sachs an unequalled opportunity. A simple act of generosity could bring it front-page publicity, one that would do much to allay the controversy on everyone's lips. By donating just half of their bonuses to Haitian relief, they will outmatch the Haitian GDP, and improve not only their image but their tax liability. Church World Service, an efficient and experienced relief organization, for example, administering the Goldman Sachs billions, could ensure that reconstruction is not just a return to pre-earthquake squalor, but an enduring monument to the bankers' unprecedented liberality. In this simple way Goldman Sachs alone would surpass the $100 million that President Obama has pledged to Haiti, by a monumental factor of 100.
Please read the whole short article. This is a wonderful idea that should be widely circulated!! There's no starker contrast between greed and need than between Goldman Sachs and Haiti.

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