Thursday 20 January 2011

Charities pay price of greed at Goldman Sachs

Goldman Sachs Bank are reacting to the economic downturn by reducing the amount they give to charities by a third this year. Thats about £110 million pounds less of the £330 million donated last year.

On the upside though, they are paying themselves, on top of already massive salaries, a bonus pot of £9.6 billion pounds. Evidently times are hard, as this amount is 5% less than they paid themselves last year.

Truly, we are all in this together.