Wow! Met Our Second Fundraising Target Pronto, on to the Third!

Thanks to the prompt responses of over 520 members of the Naked Capitalism community, we’ve met our first target, an increased budget for site improvements and IT support, and the second target, funding for meetups, travel and related site coverage, with impressive speed. In fact, we’d met them less than 48 hours into the fundraiser, a record pace despite increasing both targets to provide for more meetups and increase our IT budget in light of increasingly hostile Internet environment.

You donations are a statement that you value this community and want a better debate and a better society and are willing to invest to have us do more to make Naked Capitalism be an even more effective voice for you. If you haven’t had time to give yet, please visit our Tip Jar to support our efforts. Whatever you can give, whether $10 or $1000, helps us provide you with your daily diet of incisive commentary, analysis, news, and cute animal pictures, as well as a place to hang out with the like-minded.

We are $1050 towards our goal of $19,000 for our guest bloggers. As regular readers may know, over the years, we’ve been improving the caliber of writers who contribute to this site. We like to send writers who’ve contributed regularly like Lambert, Dave Dayen, Jerri-Lynn Scofield, and Richard Smith, an honorarium out of the fundraiser. Even though we pay our contributors for helping fill this site’s regular schedule at a good level, writing isn’t a very well remunerated line of work. Our guest bloggers regularly turn out in-depth analysis quick, but the fact that they can do so is a result of their considerable experience and expertise. So we hope you’ll acknowledge their skills and dedication by chipping in at the Tip Jar.

This year, because some of our past regulars have had other commitments this year, the load has fallen on fewer people than before. This year, Lambert has done a backbreaking amount of work, between his considerable help in managing our ever-growing and some times overly contentious comments section, tech and admin, bailing me out way too often, and with extra behind-the-scenes work, like applications for journalism awards (for instance, we were encouraged by a two-time winner to apply for the Pulitzer, which is a ton of work. Even though the odds are always against any applicant, and ever more so if you are not with a big brand name publication, upon reflection, it will probably be some time before they are prepared to consider an independent blog. Not having a normal newsroom structure, like editors and fact-checkers, is probably a bridge that they are not yet prepared to cross). So I hope you’ll continue to be generous, since there is absolutely no way I could have kept the site going without their considerable help.

Please give them a really generous “thank you” for all their diligent and valuable efforts!

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, if you want to spread out payments) 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 with the headline “Check is in the mail” (and just the $ en route in the message) so we can count your contribution in the total number of donations.

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    1. Yves Smith Post author

      The charges are about 3%. That’s a standard merchant percentage. When you buy something in a store with a credit card, they pay that (often more, actually…but that is a function of the signature verification and having point of sale equipment in the store).

  1. barefoot charley

    I’m begging my CFO/wife for extraordinary expense authorization. Our check is approaching the mailbox.

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