Monday - November 30, 2009

A Call To Big Arms  @3:00 PM

A study entitled The Progressive Increase of Food Waste in America and its Environmental Impact found that we waste 1,400 calories per person per day which is enough food to sustain a very thin or small or old person or a regular biggish man-person if two people team up and waste food together. This is insane given the USDA's report that one-in-seven Americans did not have access to enough food last year. This sort of information, like the Times telling us that "many numbers of people use food stamps now: sadface," doesn't stay in my head because math is hard like reading books and shoplifting candy is so easy. READ MORE 20

Thursday - November 12, 2009

Goldman Foundation Gives Away At Least a Whopping 5% of Its Assets Each Year  @11:29 AM

Isn't that anticlimactic? The Goldman Foundation is one of the ten largest corporate foundations in the U.S., in terms of assets, according to the Times. But they don't even make the top 50 list in terms of giving. With assets of $404 million, in 2008, it gave away $22 million—and the amount of trading the firm did on its Foundation account is out of this world (resulting in, naturally, a loss, though that'll turn around this year). Similarly? The Goldman Sachs Philanthropy Fund, for 2007, had assets of $431 million and gave $79 million (that's about 16%, in terms of giving v. assets). How does this stack up? READ MORE 1