Posted by gunsnewing:
considering the Milwaukee Bucks donated $500,000 you have to believe that report of walmart and microsoft donating only 1-2mm is erraneous. $15mil sounds more right
Besides equipment and expertise, the companies also are donating cash. Microsoft and Intel have pledged $1 million each to relief organizations and are matching their employees' contributions.
"As a U.S.-based corporation, we must go above and beyond in order to help the thousands who have been affected by this tragedy," said Intel CEO Paul Otellini.
I don't know how much you understand the markets, but Microsoft actually gave a one-time dividend of 3$ a share [ 32 BILLION] last year to shareholders because they had a cash hoard of 56B, in addition to a 30 B $ stock buyback. Thats just the rich paying the rich. We are not talking 10 million--they gave back[98% of which were financial institutions that already had mega million/billion dollar values anyway} 32 BILLION and cut dilution of their stock by 30B--that measn they spent 62B to prop their own stock off, so they can continue to sell their own personal stock into the market.
Sorry 1mm $ cash contribution and some inventory is a btch slap in the face. Bill Gates is a true capitalist pig, if it wasnt for his wife, he wouldve never given away a dime. He lauds China, actually wa supposed to have the PRESIDENT of China[well the highest ranking official in China] at his house this week BEFORe he was to meet with Bush[then the flood wiped it out] Baddest man on the planet--the 5-10 150 pound Bill Gates. But to get back to my point, they couldve given a few BILLION and never felt a ruffle in the water. Microsoft giving 1mm is like me or you giving a penny.