Goldman Sachs (GS) has been meeting with key shareholders in an effort to ward off backlash over...

|About: Goldman Sachs Group Inc. (GS)|By:, SA News Editor

Goldman Sachs (GS) has been meeting with key shareholders in an effort to ward off backlash over its record compensation pool. Shareholder response to shrinking the bank's compensation has been "almost uniformly no," and spokesman Lucas van Praag says the company's "puzzled" at the suggestion shareholders are looking for concessions.