CITY VIEWS: DO YOU THINK MORE CHIEF EXECUTIVES WILL DONATE THEIR BONUS TO CHARITY?
DOUGLAS HELLER | HERBERT SMITH
“Hopefully this will be the beginning of a trend but I suspect that if it is, the amount they will donate in the future will start to decrease. They’re doing it to get the government on their side. Less pressure from the public means more support from the government.”
DICKIE CHIKAGO | GREENLIGHT
“After a while the bankers will stop donating their bonuses. They work all year for their bonus and giving it away is like giving away their income. After a while, they’ll keep it to themselves. Rght now, this is more of a publicity gimmick.”
AMISH DALAL | WESTERN ASSET
“This will be an ongoing trend as companies look to create good will where they can. Anything they can do to show responsibility, they will. However, in the future, they may not donate to the same extent compared to what they are donating now.”