The Humanitarian effort for Haiti continues from all corners of the world. The United States initially gave $100 million. Larry King on his two hour program this past Monday raised about $5 million and Goldman Sachs gave $1 million.
Let's take a look at what Goldman's donation really meant as it is put into perspective.
Tom Gregory: Goldman Sachs Donates 11 Minutes To Haiti !!!...click here for link to News Feed BlogGoldman Sachs made $9Billion in profits last year. That is $174 Million per week, $38 Million per trading day, $5.7 Million per trading hour, $96,000 per minute.
Goldman Sachs press office has announced the firm “will be donating $1,000,000″ to the Haiti Relief Effort.
The Goldman Sachs donation represents 11 minutes of the firm’s profits.