You know, Andrew Carnegie was a philanthropist so that his kids wouldn't get it. Not that he hated them, just that he thought they had already had every advantage and it was time for them to make their own. Billion dollar trusts are too much to leave behind. (Though Carnegie wasn't entirely successful in the getting rid of family money biz either). #warrenbuffett
If people still think he's just rich old burger, coke, and candy man, Manny Maroun has a bridge in Detroit he will sell you.
(Eh, incidentally, anyone ever connect "Matty" Maroun to Michael Maroun, Carlos Marcello's attorney? Directly, verifiably, to Jimmy Hoffa?) #warrenbuffett
This brings to mind a Robert Reich commentary on the radio program Marketplace that suggested giving to non-profits mainly for and by the well-to-do should lose its tax-deductible status. #goldmansachs
For the past 20 years, the very best private schools have been busily setting up endowment funds to keep tuition low, with the ultimate goal of making it very cheap or free to attend. The purpose of this is to make them schools for smart kids, as opposed to schools for rich kids.
According to my parents, I am but a halfwit, yet I take comfort from the fact that it costs less to attend my high school now than it did in the early '80s. #goldmansachs
I worked as a personal secretary for a multi-millionaire in Greenwich for a number of years. I worked at the family's mansion. When I applied for the job, I asked the person what the philanthropic duties of the job were. I had been drawn to the ad because it made a big deal about helping the head of the household with their philanthropy, good causes, stuff like that. I was hoping it would be along the lines of helping those most in need. My boss assured me that the work involved making real change in the world. Once I was hired, it turns out all their philanthropic work involved the Greenwich country day school and the Greenwich historical society. Not exactly what I had had in mind.
I really don't like defending GS, but I guarantee most of the items cited are matching contributions on employee donations. The alternative is to have Blankfein and senior executives direct massive charitable donations to whatever non-profit organizations are their favorites. #goldmansachs
10/29/09
10/29/09
No shit. Just one piece of trivia I learned about old Carnegie when I went to Carnegie Mellon. #warrenbuffett
10/29/09
10/29/09
(Eh, incidentally, anyone ever connect "Matty" Maroun to Michael Maroun, Carlos Marcello's attorney? Directly, verifiably, to Jimmy Hoffa?) #warrenbuffett
10/29/09
10/29/09
So much in fact that I had to bring that pic back.
10/22/09
10/22/09
10/22/09
10/21/09
10/20/09
According to my parents, I am but a halfwit, yet I take comfort from the fact that it costs less to attend my high school now than it did in the early '80s. #goldmansachs
10/20/09
10/20/09
10/20/09
07/15/09
Nor would La Huffington.
"Let them eat . . . Well, maybe not."
07/14/09
07/14/09
07/14/09
07/14/09
Little Debbie muffins...is PEOPLE!