Goldman Sachs Has Heard What Shareholders Have To Say

And while the suggestion that there be a say on Lloyd et al's pay is adorable-- really, so cute-- management has decided that, instead of going with it, to keep things as they are. And while this exercise in pretending to care about your feelings was fun for just this once, next time you get it in your heads that anyone down here gives a rat's ass what you think, about their packages or really anything for that matter, before you voice those concerns, what you should do instead is go fuck yourselves. One more word and LB's 2010 pay is determined today-- a unit. And he gets to bang your wives. Consider them banged! Anyone else wanna be a hero?

Group Inc.’s board of directors has received several demand letters from shareholders relating to compensation matters, including demands that Group Inc.’s board of directors investigates compensation awards over recent years, take steps to recoup alleged excessive compensation, and adopt certain reforms. After considering the demand letters, Group Inc.’s board of directors rejected the demands.

Goldman Rejects Shareholder Pay Demands [Dealbook via DI]