Monday, June 26, 2006

$37b dollar charity vs $26- $33b business deal

and the Arcelor-Mittal business deal wins the media attention. (talking about the Indian media). The only reason Mittal has Indian origins. He is the aggressive face of Indians, the go-getter, can do anything fella and media is projecting it as a picuture-perfect future of India.

There was rarely any coverage about Buffet's philanthropic act. Buffet has decided to donate $37b worth value to Gates-Melinda Foundation. India is one of the prominent recepients of the Gates-Melinda Foundation. Indians have been hugely supported by this foundation and a $1.5 b extra funds to this organisation every year is incredible. This might alleviate a whole lot of problems of a whole lot of people all over the world.

But, who cares? all we are worried about is one man getting more richer, more powerful, and one day who might dictate the prices of steel.

Media has its own ways.

1 comment:

sudeep said...

But he is a citizen of Luxembourgh, right ?

The gap between the rich and the poor keeps getting wider.....

And mind you Bill Gates is a sort of celebrity in India !!