Join Wall Street. Save the world

Re:Join Wall Street. Save the world by rayiner on Friday May 31, 2013 @03:47PM (#5800940)

Interesting note: Goldman Sachs donated $377m in cash last year. At $2,500 per life saved, that's 150,000 live saved per year.

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Re:Join Wall Street. Save the world by lukeprog on Friday May 31, 2013 @05:03PM (#5801371)

Goldman Sachs did not donate to the charity that plausibly saves lives at a price of $2500 (Against Malaria Foundation). If I had to guess, they gave it to groups who don't even try to save lives, or to groups who save lives at a cost 100 times or more greater than $2.5k/life.

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Re:Join Wall Street. Save the world by davorak on Friday May 31, 2013 @03:59PM (#5801013)

It would be rather awesome if all or most of that money was going to one of the top three charities at give well. Enough so that would significantly change my understanding of Goldman Sachs and make me revaluate similar companies.

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Re:Join Wall Street. Save the world by dev1n on Friday May 31, 2013 @04:28PM (#5801178)

It should also be noted that by donating a smallish amount of money (377M is a relatively small amount of money for a bank like Goldman) banks can get tax breaks, which could amount to more than they donated.

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Re:Join Wall Street. Save the world by lix2333 on Friday May 31, 2013 @04:36PM (#5801231)

This is actually a common misconception. No matter how much you donate (or a corporation donates), you'll still end up net negative.

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