From the Wall St Journal: Goldman Sachs long considered Wall Street's mightiest firm,
has been skirmishing with an unlikely group of adversaries: small but vocal
shareholders eager to use the company as a bully pulpit.
Pressed by unions, religious institutions and other
investors on company policies on issues from tax secrecy and corporate
governance to executive compensation and political lobbying, the New York
securities firm increasingly has been engaging these critics—and negotiating
compromises that address some of their concerns….
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