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Sojourners CEO Jim Wallis has just tweeted some excellent advice to Wall Street bankers wondering how to put their massive bonuses and their consciences together while they watch the news.
Send the money to Haiti.
British investment gurus (and ordinary mortals) can follow suit here: http://www.dec.org.uk/ If you have a mobile, text GIVE to 70077 and a £5 donation will be made to the Haiti appeal.
Meanwhile... the world's largest investment banks are expected to pay out more than $65bn (£40bn) in salaries and bonuses over the next fortnight. The five highest-profile US banks reporting in the coming days show they have already set aside $50bn to pay their staff in the first nine months of 2010. In the final three months of the year, analysts at Sanford Bernstein reckon a further $10bn will have been put aside by Goldman Sachs, Morgan Stanley and JP Morgan even though 2009 was the worst year for the US economy in 30 years.Tweet