… was on the Compensation Committee.
… Shareholders suing Goldman Sachs over executive pay packages are seizing on investigations of the Wall Street bank by the Senate and Securities and Exchange Commission.
A shareholder pay complaint filed earlier this year in Delaware was amended this week to take into account the Senate’s findings and the SEC’s civil fraud case alleging that Goldman misled investors about securities tied to home loans.
In addition to claiming that Goldman directors breached their fiduciary duties by allowing excessive pay for employees, the shareholders now say Goldman officials failed in their fiduciary duty to properly oversee the company…
May 1st, 2010 at 9:57AM
You get yourself a little sinecure, dreaming and carefree, drifting along down the Pactolus, and the first thing you know people are sniping at you. You call that a beautyrest? Tain’t fair and it ain’t right.
May 1st, 2010 at 12:56PM
So I had to look up Pactolus, francofou.
For interested readers (can I be the only person who doesn’t have the identity of Pactolus at her fingertips?):
http://en.wikipedia.org/wiki/Pactolus
May 1st, 2010 at 3:39PM
Sitting in a dark room broadens the mind.