Those old softies at Goldman!
After accepting, and repaying, billions of dollars in government funds as part of the federal bank bailout, Goldman Sachs earned record second-quarter profits and has already set aside $16.7-billion for compensation this year, putting it in a public-relations bind that has fueled Wall Street speculation of major charitable activity.
Bloomberg reports that:
After rebounding from the worst financial crisis since the Great Depression, Goldman Sachs is considering a new charitable program and has been working with Bridgespan Group, a Boston- based philanthropy consulting and recruiting firm, people familiar with the matter said.
Please share widely!
Re: Hollywood, which lured many of his contemporaries, notably F. Scott Fitzgerald and William Faulkner:
<
p>