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  • Wall Street Breakfast: Must-Know News [View article]
    The tribe trusts its leaders because it feels they have their best interests at stake. Goldman Sachs' executives must live up to this responsibility.

    * * *
    Goldman Takes Offensive on Pay
    Wall Street Journal
    online.wsj.com/article...
    BY SUSANNE CRAIG

    Wall Street firm Goldman Sachs Group Inc.—known for its outsize profits and unapologetically handsome pay packages to go with them—has begun meeting with major investors in an effort to ward off an investor backlash over its record compensation pool.

    The private discussions are a first for Goldman, several shareholders said, as the Wall Street firm finds its self on the defensive over its pay, where employees are on track to earn an average of more than $700,000 apiece this year.
    Dec 03 14:37 pm |Rating: +1 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Crunch time for California. - The greater threat to the state is what this does to the perceived value of the business environment. How will this impact economic drivers such as Silicon Valley and the research universities?
    Jun 16 16:16 pm |Rating: +3 0 |Link to Comment
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