Goldman Sachs (GS) Explains Comp To Big Shareholders

Investing

Published: December 3, 2009 5:29 am

Last Updated: March 26, 2020 9:01 am

Goldman Sachs (NYSE: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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