Action Fund Management LLC has called on Goldman Sachs to correct statements made at its annual meeting. They also want CEO Henry M Paulson Jr. to reimburse Goldman Sachs (NYSE:GS) for shareholder assets used to advance Mr Paulson's personal interests.
In a press release issued approximately an hour ago, Action Fund points out conflicts between federal tax records for "The Nature Conservancy" and comments made by Goldman Sachs board member John Bryant. This seems seriously conflicted and needs clarification. There have been some major announcements in the past week about Forestland Sales to conservation groups. The announcements are heavy on corporate optics. Probably too heavy. Check out www.freeenterpriseactionfund.com for more information.