• 07 May 2010 at 10:35 AM

The Reverend Shows Up At the Goldman Annual Meeting

Amid protestors holding signs that read “Stop Hiding the Money” and “Transparency Now” the Rev. Jesse Jackson has stepped to the mic at the Goldman shareholder meeting in lower Manhattan.

The Reverend asks GS to put more consumers and labor leaders on the board. From the WSJ, which is live-blogging the event. 

More from Jackson: States are sinking, schools closing, record breaking home foreclosures, public transportation cut, public health cut, poverty expanding, unemployment rising.  A more diverse board might appeal to you today.

Blankfein says he agrees with Rev. Jackson. “There is no success for Goldman Sachs unless the economy as a whole grows” and a wider divergence is not created, Mr Blankfein said.

“I couldn’t agree with you more and we are committed in that direction,” he says.

Annoying shareholder gadfly Evelyn Davis blasts Lloyd and calls him out for nepotism since the younger Blankfein works for the firm.

“A once great company is going to shame,” she says. ” If Hank [Paulson] had been here this would never had happened.  She said she encouraged Mr. Paulson to become Treasury Secretary so she feels guilty.

“Are you going to step down by the end of the business day on Monday,”  Davis ask Blankfein point blank.

Blankfein: :I have no current plan to step down on Monday.  There’s a vote today on directors, and I am a director. in a couple hours we’ll have a result of that vote in.”

41 comments (hidden to protect delicate sensibilities)
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Comments (41)

  1. Posted by Anonymous | May 7, 2010 at 10:41 AM

    why the hell would samuel l jackson go to a goldman meeting?

  2. Posted by Anonymous | May 7, 2010 at 10:44 AM

    didnt know you could buy shares with food stamps

  3. Posted by Anonymous | May 7, 2010 at 10:46 AM

    2 FTW. No more comments necessary.

  4. Posted by Anonymous | May 7, 2010 at 10:56 AM

    not commenting after 2

  5. Posted by Anonymous | May 7, 2010 at 10:57 AM

    Mr. October?

  6. Posted by Anonymous | May 7, 2010 at 10:57 AM

    @2 outstanding -

  7. Posted by Anonymous | May 7, 2010 at 11:01 AM

    F-me …. Sharpton was probably there as well – criminals both

  8. Posted by merkin capital partners | May 7, 2010 at 11:05 AM

    An MD is a labor leader, double J. Take the kind that you’re thinking of, add literacy, subtract Carhardt coveralls and you’re getting close.

  9. Posted by Anonymous | May 7, 2010 at 11:06 AM

    Yeah everyone hates Jessie Jackson now but when he hit 3 home runs for the Yankees in the 1977 World Series he was everyone’s hero!

  10. Posted by Anonymous | May 7, 2010 at 11:10 AM

    @2 racist. examine your motives, check your premises, inspect your orifices

    But FTW!!

  11. Posted by Anonymous | May 7, 2010 at 11:18 AM

    lol @9, pretty good

  12. Posted by Anonymous | May 7, 2010 at 11:20 AM

    @10 They need to check themselves before they wreck themselves. The revolution is coming and it will not be televised. When the masses rise up and make whitey pay for being a devil, slave master interloper then we will be able to really stick it to the man. We’ll release all the political prisoners like Mumia, Mutulu, Quibilla and Tookie (wait he got executed). The day is coming and the honkies better be scared and get correct!

  13. Posted by guest | May 7, 2010 at 11:22 AM

    @gherkin *Carhartt

  14. Posted by Anonymous | May 7, 2010 at 11:30 AM

    2 fucking flawless victory

  15. Posted by Guest | May 7, 2010 at 11:39 AM

    So the signs demanding an end to “Hiding the Money” and for “Transparency Now” were aimed a Jackson paying off his mistress with money from his non-profit organization, right?

  16. Posted by Thrashed Gulags | May 7, 2010 at 11:41 AM

    As a shareholder, I have a few words to say so without delay…

    Uh, Rat-a-tat tat,
    Goldman Sachs, is a bat,
    Sucking blood from our accounts,
    While the debt of our poor mounts,
    Your derivatives hurt our brains,
    So our youths pump dope in their veins.
    Lloyd, have you no shame, uh perpetrating these games?
    Keep hope alive! and be sure to Tithe.

    Now, who here wants to buy these 100 shares, give me a board seat, and make a donation to Rainbow Push? Jessie

  17. Posted by Anonymous | May 7, 2010 at 11:45 AM

    @15 spot on, his income is probable 10x the people he “represents”

    http://www.enterstageright.com/archive/articles/0401jackson.htm

  18. Posted by Anonymous | May 7, 2010 at 11:58 AM

    Someone should cut this guy’s nuts off. BHO

  19. Posted by Guest | May 7, 2010 at 12:00 PM

    @17 The only people Jesse Jackson represents is Jesse Jackson. You see, Jesse Jackson believes that Jesse Jackson can best communicate the plight of the repressed by ensuring that Jesse Jackson profits personally and as Jesse Jackson prospers so too shall the huddled masses. As Jesse Jackson enriches his bank accounts so too shall Jesse Jackson enrich (metaphorically) the spirits of his followers…..Jesse Jackson…..Jesse Jackson……Jesse Jackson…Amen.

  20. Posted by DrSeuss | May 7, 2010 at 12:12 PM

  21. Posted by Anonymous | May 7, 2010 at 12:14 PM

    @19 you have captured the essence of this simpleton

    2

  22. Posted by Anonymous | May 7, 2010 at 12:17 PM

    some of these obnoxious, moronic, subliminal and sub par (heard better) racist comments are tiresome. I guarantee none of those that commented on that slant would say them publicly and or in front of an African American because a.) you don’t have the balls. b.) you don’t enjoy being cock slapped.

  23. Posted by ShortStory | May 7, 2010 at 12:30 PM

    a question for jesse: why would a more diverse board appeal to lloyd? he, nor the other board members can vote, why dont you tell your friends outside the meeting (if they arent on a union sanctioned break) to buy some shares and vote, or better yet tell the people who manage the unions money (if you even know who that is) how to vote their shares

    on a lighter note, jessse probably spent more travelling to the meeting than his 1 share is worth

  24. Posted by Guest | May 7, 2010 at 12:31 PM

    @22 “some”? So you agree that you enjoy at least a portion of the “obnoxious, moronic, subliminal and sub par” racist comments?

  25. Posted by Guest | May 7, 2010 at 12:33 PM

    @22, “Balls”? “Cock slapped”?

    You seems to have a bit of an obsession developing. Have a seat and let’s talk.

    -Freud

  26. Posted by Anonymous | May 7, 2010 at 12:35 PM

    Hymietown boy says send him back to Chicago.

  27. Posted by Anonymous | May 7, 2010 at 12:48 PM

    22 here
    @24, there is a fine line I think, others are better than some. Being Black, I chuckle at some to be honest. example. #2, and the infamous Merkin guy (which by the way, everything that comes out of his mouth is racist…I’d love to meet him face to face) were not funny and racist. #9 was exceptionally funny, 19 I tip my hat. Just in my humble opinion.

    @25 *shrugging* I guess it comes from sitting on the desk with other loud mouth all male traders I guess.

    Otherwise, I love the site and comments, Bess, great work as usual.

  28. Posted by Jonah Gibson | May 7, 2010 at 1:36 PM

    I worked for the only [then] publicly traded company I ever heard of that had a paid chaplain on staff and weekly prayer meetings. GS could do worse than to get right with Jesus, but Jesus probably doesn’t need his rep tarnished any more than it already is by randy priests and Bible thumping reactionaries.

  29. Posted by Guest | May 7, 2010 at 2:12 PM

    @28 I’m not sure what you are talking about, Jesus already sits at the right hand of GS. LB is St. Pete. And this all explains why the “Rev.” was at the stockholders meeting.

  30. Posted by TGFBV | May 7, 2010 at 4:54 PM

    22 & 27; I would say 9 and 19, but I’d have to know the African quite well before I’d say 2.

    From the confines of my office, though, 2 was effing hilarious. Probably should have stopped posting after that one.

    2: FTW of 2010. I bow to your wit, and I don’t do that often.

  31. Posted by anon | May 7, 2010 at 8:59 PM

    @27 dont go postal on us …

  32. Posted by Anonymous | May 8, 2010 at 2:30 AM

    The Reverend would like to know if GS has African American employees.

  33. Posted by Anonymous | May 8, 2010 at 2:32 AM

    Maybe the god, Jesus Jackson ,owns GS stocks

  34. Posted by AirHead | May 8, 2010 at 1:36 PM

    HERE’S WHY HE WAS AT GS ANNUAL MEETING.

    Assistant to God, Jesus Jackson was sent by Heaven to Earth to CHECK ON Lloyd Blankfein and help, if possible, with his problems.Remember last time LB said he is just doing God’s work.

    Worth mentioning that LB’s 4 former Apostles were subjected to intense questioning last week by another God named Carl Levin.

  35. Posted by Guest | May 9, 2010 at 2:33 PM

    He paid for the shares with our tax dollars so he could be on television. All of the african American senators and congressman are former ambulance chasers. They only went into politics because they steal more effectively and can never be fired(because the people who vote for them do not read).

  36. Posted by Anonymous | May 9, 2010 at 7:57 PM

    “In March 2007, Jackson declared his support for then-Senator Barack Obama in the 2008 democratic primaries. Jackson later criticized Barack Obama in 2007 for “acting like he’s white,” in response to the Jena 6 beating case.”

    who’s the racist?

  37. Posted by jjj | May 9, 2010 at 9:27 PM

    Jesse Jackson … biggest reverse indicator in the world

    BUY BUY BUY

  38. Posted by Tax Chic | May 10, 2010 at 6:43 AM

    Where do I join the line of people waiting to be cock-slapped ?

  39. Posted by Anonymous | May 10, 2010 at 8:08 AM

    @85 broad

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