After Hillary Clinton spoke at a town hall in Manchester, New Hampshire, on Friday, I asked her if she would release the transcripts of her paid speeches to Goldman Sachs. She laughed and turned away. Clinton has recently been on the defensive about the speaking fees she and her husband have collected. Those fees total over $125 million since 2001. …
Nancy Hanover – Mark Zuckerberg, philanthrocapitalism and parasitism
Last Tuesday Mark Zuckerberg, co-founder of Facebook and the 16th richest man in America, and his wife Priscilla Chan announced they would be donating 99 percent of their Facebook shares, currently valued at $45 billion, to charity during their lifetime. The gift was announced in the form of a letter to their newborn child announcing the formation of the Chan …
Ted Rall – Do Not Be Impressed by Mark Zuckerberg’s Phony Generosity
CEO Mark Zuckerberg promises to give 99% of his Facebook shares to charity — eventually. Exact phrasing: the stock, currently worth $45 billion, will be donated “during [he and his wife’s] lives.” He’s 31 and she’s 30, so actuarial tables being what they are, by approximately the year 2065. If Facebook or the Internet or the earth still exist. Whoop de doo. …