“The issue is the “Giving Pledge” is a condescending, nearly cartoonish PR exercise [that allows people like Tom Seyer to feel good about himself, despite] working on the risk arbitrage desk at Goldman Sachs and then creating Farallon Capital, an overwhelmingly self-interested hedge fund.” [WSJ via DI]
Related (…?): Wall Street Journal Shames Rich People Who Chose Not To Sign Up For Buffett/Gates Pledge
i’m told j.epstein is making donations to children in dubai
@1 I think what you’re referring to are “deposits on” not “donations to.” Classic game of telephone going on I guess.
Thanks Holden Caulfield
Not sure why these guys would pledge and then not donate. Just send them a bill…that should take care of it.
the whole point of giving is to give something away for nothing in return. the signing of this pledge is the equivalent of trumpeting their giving from the rooftops. it makes a mockery of it and my perception is the donors seek fame or inclusion in the highest “class/clique” possible and admission is your fortune.
It may seem funny, but sometimes when you donate your time and money, you get paid back in many ways. These guys should give it a try sometime.
Not surprising…an issue with charitable donations
Seems more and more charitable donations issues
These issues don’t seem to be going away