As it prepares to pay out big bonuses to employees, Goldman Sachs is considering expanding a program that would require executives and top managers to give a certain percentage of their earnings to charity.While it will be nice for the charities that get the money, there is nothing very honorable about a little charity at the point of a figurative gun.
Monday, January 11, 2010
Global Vampire Squid Update
Goldman Sachs is trying to stave off the impending tide of populist outrage when they hand out massive bonuses this year:
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3 comments:
If they'll send me a $500,000 bonus check, I'll promise to give $5,000 to charity too. Hell, I'll even donate to the Palin 2012 PAC.
I'd have to swallow hard in order to make that donation.
Weregild is an ancient tradition but I don't think Goldmine Sachs makes enough to settle with everyone they have wronged.
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