Wednesday, February 18, 2009

Have Your Way With Goldman Sachs

In 2002, Goldman Sachs and two other private equity firms bought Burger King for $1.5 billion. According to a new video by BraveNewFilms, if you divided the 6.5 billion dollars in bonuses that Goldman Sachs paid out to its employees last year between all of the Burger King employees, you'd more than double each of their annual salaries. The average Burger King employee makes $14,000 a year - less than the federal poverty line for a family of three. The average bonus given to Goldman Sachs employees this year, after the company received a $10 million bailout injection from the federal government, was $210,000.

BraveNewFilms wants to send Goldman Sachs a message, and they're inviting you to submit your "creative, constructive, or comical ideas" to eliminate corporate greed and help address the global economic meltdown. They plan to send all of the videos to Goldman Sachs "as a reprimand for their wastefulness," and the winner will get his or her idea featured in the next BraveNewFilms video.

To enter the contest, visit their site:


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