Bloomberg Raises Money for Charity, As Do Others
Traders Magazine Online News, November 12, 2012
Also, Jefferies announced that Wednesday was the firm's global trading day for Hurricane Sandy Relief. The broker donated all net trading commissions, which totaled $5 million, from U.S., European and Asia equity, fixed income, futures, foreign exchange and commodities trading to the relief effort.
In addition, Jefferies will itself donate $1 million.
The contributions will be allocated to The American Red Cross and other charities involved in providing aid and recovery.
Bloomberg's Tierney is personally involved with several charities including Wings Over Wall Street, St. Jude's Children's Research Hospital and Ronald McDonald House. To him, giving back is simply the right and necessary thing to do.
"I am involved and it was time to get TradeBook to get connected with some of these organizations," he said.
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