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A Modest Proposal for Goldman Sachs

Goldman Sachs can't quite figure out how to compensate their employees with a giant bonus without incurring the wrath of their investors and the federal government. So they developed a new plan. Pay them an ungodly amount and demand that they turn a percentage over to charity. Therefore, not really benefiting from the largess. Though they will benefit tax-wise from their substantial charitable contributions.

If Goldman Sachs is wondering where to direct those charitable gifts, how about starting with giving it back to the people and communities who lost their jobs or businesses because of Goldman Sachs merger and acquisition activities?

For example, they could help the 10,000 workers and their community in Atlanta, Georgia who lost their jobs at AT&T when it purchased BellSouth through a Goldman Sachs' orchestrated acquisition.

Or the 1,200 people in Lawrence, Massachusetts who lost their jobs at the Proctor & Gamble packaging plant when it bought out Gillette via a Goldman Sachs' engineered acquisition and moved their jobs to Mexico

I bet the good people at Merrimack Valley Project, a coalition of labor and church organizations, could put the diverted bonuses to very good use.