http://www.dailymail.co.uk/news/worldnews/article-1274691/CEO-Lloyd-Blankfein-faces-calls-stand-Goldman-Sachs-shareholders-meeting.html
The boss of Goldman Sachs last night survived a shareholder revolt but faced furious calls for him to quit at a fiery investors' meeting.
They demanded that Lloyd Blankfein should fall on his sword because he had let the Wall Street giant ‘go to pieces’ over its handling of toxic sub-prime mortgages on its books.
He faced a bid to strip him of his powers and a no-confidence vote at the annual shareholders’ meeting, but won it after admitting the company needed to embark on a period of ‘rigorous self-examination’.
A further woman investor added from the floor: ‘The enormous bonuses have contributed to a culture of greed that is bad for our company, greed that is bad for shareholders and for the broader public interest.’
Read more: http://www.dailymail.co.uk/news/worldnews/article-1274691/CEO-Lloyd-Blankfein-faces-calls-stand-Goldman-Sachs-shareholders-meeting.html#ixzz0nJPw0hAJ
