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.
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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:
3 comments:
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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.
ReplyDeleteI'd have to swallow hard in order to make that donation.
ReplyDeleteWeregild is an ancient tradition but I don't think Goldmine Sachs makes enough to settle with everyone they have wronged.
ReplyDelete