Goldman Sachs defends pay to large shareholders

Filed under: Company News, People, Goldman Sachs

Goldman Sachs (GS) has started to meet with its largest shareholders to defend the millions, and in some cases tens of millions, that it pays its management and star bankers.

The Wall Street Journal reports that Goldman “has begun meeting with major investors in an effort to ward off an investor backlash over its record compensation pool.” Some shareholders are still pressing for a say on Goldman pay packages.

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Goldman Sachs defends pay to large shareholders originally appeared on DailyFinance on Thu, 03 Dec 2009 05:00:00 EST. Please see our terms for use of feeds.

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