We’ve had an amazing response in the last few hours of our fundraiser. Since our last appeal, donations spiked, with 34 more of you giving, bringing our donor total to 1173, just within striking distance of our new goal of 1200 donors. And as a result of these generous contributions, we closed the gap of meeting our final goal, that of $16,000 to fund more original reporting, from $2200 to only $560 dollars!
I’ve gotten many heartfelt notes from readers, and quite a few come from people within the financial services industry, including senior regulators, who recognize that banking has become a business increasingly dedicated to extraction and looting. They are dismayed at the changes they’ve seen in the industry over the course of their career. Some of their remarks:
As I have worked for the last 15 years in core banking in Germany, I know a few of the topics you cover by heart and I also know how hard it is to explain these topics in (relatively) easy terms (and first to get the information at all). While I am in my current employment not really at liberty to comment in your forum on most topics, I really think that it is important to publish and discuss these items. Keep up the good work!
It pains me to see what has happened to what was a rather mundane yet necessary activity to provide financial services to rank and file citizens.
So there are people either now or not long ago in the financial services industry who concur with what many of you see from the outside: that banking, more than ever, serves the interests of the elites at the expense of everyone else. And it’s when we see fractures like this, among insiders, within the elites, that change becomes possible.
Be one of the last 34 to push our fundraiser over the top. Let’s see if we can get to 1200 donors and hit our last monetary target before the close of this effort, midnight PST.
There are multiple ways to give. The first is here on the blog, the Tip Jar, which takes you to PayPal. There you can use a debit card, a credit card or a PayPal account (the charge will be in the name of Aurora Advisors).
You can also send a check (or multiple post dated checks) in the name of Aurora Advisors Incorporated to
Aurora Advisors Incorporated
903 Park Avenue, 8th Floor
New York, NY 10075
Please also send an e-mail to yves@nakedcapitalism.com with the headline “Check is in the mail” (and just the $ en route in the message) to have your contribution included in the total number of donations.
Again, I’m overwhelmed by this response from readers, and want to give a big thanks to all of you who have donated already. If you can give a little, give a little. If you can give more, give more. If you can give a lot, give a lot. You are investing in being part of the solution.
