SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: jim_p who wrote (7799)9/13/2001 8:56:05 AM
From: Think4Yourself  Respond to of 23153
 
Some good news for the families of the dead. I bet this is just the start. This is just one of the reasons other countries respect the US. On CNBC this morning Simon Hobbs said that in Europe a number of parties who initially took an opportunistic approach to the crisis later had a change of heart and gave the profits to charity. Currency traders are also not acting opportunistic this morning.

Bottom line is that most people are good. It's just that the bad REALLY get around.

Corporations Pledge Millions to Help Victims' Families, Aid Relief Efforts After Terror Attacks

STAMFORD, Conn. (AP) -- Terrorist attacks in New York and Washington have prompted major corporations, small businesses, religious and sports groups to donate millions to aid victims' families and relief efforts.


General Electric Co. on Wednesday pledged $10 million for the families of New York firefighters, police officers and rescue workers who died trying to help victims trapped Tuesday in the World Trade Center.

Computer networking giant Cisco Systems Inc. [NasdaqNM:CSCO - news] donated $6 million to the Red Cross and other relief groups. Wells Fargo & Co. pledged $1 million to the Red Cross.

Sprint said it was donating $500,000 to the American Red Cross and providing 2,300 wireless phones for disaster workers. The company also said that its stores in New York were providing free emergency calling and its pay phones in the city were being programmed to allow free outgoing calls.

``As the nation recovers, it is important for all of us to support the brave rescue workers, and we hope these contributions will allow them to do their important jobs better and faster,'' said Sprint Chairman and CEO William T. Esrey.

H.J. Heinz and the H.J. Heinz Foundation are giving $100,000 to a relief fund created by the United Way and The New York Community Trust. Heinz also said it is sending food to distribute to rescue workers.

Starting Friday, Massachusetts' grocery chain Stop and Shop Co. said it will match contributions from customers and associates. Gladstone's 4 Fish restaurant in Malibu, Calif., has pledged all of Sunday's proceeds to relief efforts.

``We will not make a cent on that day,'' said Christine Lloyd, restaurant marketing director.

Other groups, such as the New Haven-based Knights of Columbus, said they'll donate $1 million for the families of victims lost during rescue efforts at both the Pentagon and Trade Center towers.

The Southeastern Conference said pregame ceremonies would be held at its college football games, with the league donating $1 million from gate receipts and TV fees to aid victims.