Will the Scrooge bankers give their bonuses to the needy Bob Cratchits?

Filed under: Employees, Personal finance, Federal Reserve, Recession

We have a human disaster of enormous proportions. We have 15 million persons unemployed. Thousands are on the brink of losing their homes. As of this December, 1.7 million unemployed will exhaust their benefits. They may be homeless at this holiday time. Some 400,000 persons exhausted their benefits in the month of October.

Now, as reported in BusinessWeek, one lone economist, Katerina Alexandraki, is asking Wall Streeters to give their bonuses to the homeless and unemployed. She has set up a website, Bonus for Homes, and started a campaign to distribute the monies to low-income earners and the unemployed.

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Will the Scrooge bankers give their bonuses to the needy Bob Cratchits? originally appeared on BloggingStocks on Sun, 01 Nov 2009 16:40:00 EST. Please see our terms for use of feeds.

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