Tuesday Links
Bensonhurst Boy Disappears on Subway for 11 Days [NY Times] Negotiator for City’s Landlords Dies at Age 65 [NY Times] Chinese Drywall Linked to Corrosion in Homes [NY Times] Police Crack Down on Renegade Rickshaws [NY Post] Big Gun Bust in East New York [NY Post] Council Begins Focusing on Broadway Triangle [NY Post] Brooklyn…
Bensonhurst Boy Disappears on Subway for 11 Days [NY Times]
Negotiator for City’s Landlords Dies at Age 65 [NY Times]
Chinese Drywall Linked to Corrosion in Homes [NY Times]
Police Crack Down on Renegade Rickshaws [NY Post]
Big Gun Bust in East New York [NY Post]
Council Begins Focusing on Broadway Triangle [NY Post]
Brooklyn Store Owners See Glimmers of Hope [NY Daily News]
CB10 Rallies to Fight Curb Cuts [Brooklyn Eagle]
DOB Warns About Illegally Converted Housing [NY1]
Photo by Listen Missy!
>>stevie…can you show us exactly what the CEOs gave away?
http://cityfile.com/dailyfile/7874
Goldman Sachs is on track to turn in its most profitable year ever, and the bank’s near collapse last fall—along with the financial system as a whole—is quickly becoming a distant memory for Goldman chief Lloyd Blankfein. So why is he giving less money to charity than he did before the downturn?
In 2007, back before the financial crisis battered Goldman, the Lloyd & Laura Blankfein Foundation handed out $1.58 million to some 50 non-profit organizations. For the most recent fiscal year ended January 31, 2009, the Blankfeins gave out $950,000, a nearly 40 percent decline.
Blankfein clearly has a ways to go if he expects to keep up with his peers on Wall Street. Although it’s been Blankfein on the hot seat the last few months—and he probably stands to benefit the most by portraying himself as a big giver—JPMorgan CEO Jamie Dimon gave away far more money last year as part of his personal foundation. Compare and contrast below.
The first headline sounds like a Roald Dahl story.
stevie…can you show us exactly what the CEOs gave away? And what their annual salaries have been? Also, what are the annual incomes ( including royalties) that both Brad and Angelina get?
I’m not trying to start something, I just think all the data need be presented in fairness to the tone and allegations of the discussion.
“No one’s aunt or cousin got a salary”
Unlike in NYC council member’s slush fund charities eh? You know, the ones paid for by NYC tax payers.
I think he meant: “Don’t avoid…..”
Angelina Jolie and Brad Pitt’s charitable foundation handed out $6.4 million last year, or about three times what the CEOs of Goldman Sachs and JPMorgan, Lloyd Blankfein and Jamie Dimon, gave away last year put together.
http://showbiz411.blogs.thr.com/brad-angie-send-more-than-6-4-mil-to-charities/
Brad Pitt and Angelina Jolie don’t just talk the talk, they walk the walk. According to the 2008 tax return for the Jolie-Pitt Foundation, the Hollywood couple sent over $6 million to charities last year.
Indeed, they more than doubled what they gave in 2007, which is pretty impressive.
In 2008, the pair parked just over $13 million in their foundation, and gave away half of it.
The biggest recipients of their largesse were: Global Health ($2 million), Human Rights Watch ($1 million), Brad’s Make it Right Foundation ($1 million).
Some other notable contributions: $500,000 to the Armed Services YMCA of the U.S. Army; $50,000 to the Springfield, Missouri Public Schools (Brad’s hometown); and roughly a million dollars to projects in Cambodia, the country from which they adopted their first child.
The nice thing about Brad and Angelina’s donations: there are no cults, no crazy projects, private religions, nothing untoward or wacky. It’s all about human rights initiatives and helping people. They’ve also kept their promises to places like Cambodia and Iraq. All together, the fair market value of the Jolie-Pitt Foundation is just over $12 million.
No scandals here. Just a nice story. By the way, Brad and Angie each put about $6 million into the foundation last year. Their lawyer, Robert Offer, added $10,000 out of his own pocket. And all they paid in expenses was $224,564 for grant management to Global Philanthropy Group. No one’s aunt or cousin got a salary, and there were no expenses laid off to “travel,†“conferences,†or “other.â€
Nice!
No, Dave. I think you really mean “d’coratins”…
decorations
I think the “rickshaw” problem and the drywall issues can both safely be blamed on the Chinese.
Do you know that about 98% of all christmas dcoratins are also made in China. I’m sure lead paint is involved.
Avoid the temptation to lick those balls at Christmastime.