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What's more, Goldman executives are already big donors, and that hasn't done anything to stop its slide in public opinion. Under the firm's voluntary-giving plan, which was started just before the firm handed out bonuses two years ago, Goldman's top executives gave about $130 million to charity in 2008. Goldman's own foundation, which it funds with corporate profits, has about $200 million in it, making it one of the largest charity trusts in corporate America. Indeed, a plan announced a few months ago by Goldman to give away $500 million to promote loans...
...viral aspect of mobile is key," says Tony Aiello, business-development director of Mobile Accord, a Denver company that serves as a financial clearinghouse between cell-phone carriers and dozens of nonprofits ranging from Farm Aid to Mothers Against Drunk Driving. (See where the next five big earthquakes will...
...Firms like Mobile Accord - which manages the Red Cross system, among others - pay out donations on a quarterly basis, after customers have paid their cell-phone carriers and those companies have forwarded the money, 100% of which goes toward relief efforts. (Read "Seismologist Roger Musson: Haiti Quake Was the 'Big...
...reason for the paradoxical results was straightforward enough: the majority of the wins the players tallied were for relatively small stakes. But the longer they played - and the more confident they got - the likelier they were to get blown out on one or a few very big hands. Win a dozen $50 pots and you're still going to wind up far behind if you lose a single $1,000 one. "People overweigh their frequent small gains vis-à-vis occasional large losses," Siler says...
...wrong question because, actually, you do. Investing, driving, buying a house and merely crossing the street are all acts that involve discernible risks and uncertain rewards. The more small returns you get from your small investments in stocks, the likelier you are to make - and lose - a big investment. The more times you get behind the wheel and speed a little bit, the likelier you are to speed a lot - with deadlier consequences...