Pension Fund Sues Goldman Over Pay

Here’s the deal. Acrimoney is exploring public outrage over Goldman’s $22 billion bonus pool. We’ve broken our post into two parts so you can support the company’s right to pay whatever it wants or vent your outrage.

How do you feel?

Re-tweet this post if you believe: 1) Goldman has the right to pay whatever it chooses; 2) regard the company as a solid performer year in, year out ; and 3) Uncle Sam should butt out because government interference undermines capitalism. You agree with Goldman’s lawyer who said:

“We think the suit is entirely without merit.”

Let’s face it. If you re-tweet this post, you regard the public outrage over Goldman’s compensation as dangerous. You believe in free enterprise and worry that financial regulation will undermine a firm’s competitive advantage in the world economy. Shareholders elect the board, right? They’re the ones who should be deciding, not Washington DC. So go viral and send the organization some holiday cheer via Twitter. There’s no better way to get the word out.

Or perhaps, you are disgusted. If so click on this link, where you can Tweet Out Against Goldman’s Bonuses. Next week on Wednesday December 23, we’ll compare tweets and analyze the results.

Norb Vonnegut

About the author

Norb Vonnegut wrote 178 articles on this blog.

Do you ever feel the financial news makes no sense? Do stories leave you with more questions than answers? I created Acrimoney to discuss Wall Street’s behavior behind the headlines. As a veteran of a wealth management business that exceeded $1 billion in assets, I offer insight into the people and the “doings” that affect your money. I’ll start the discussion. But I hope you’ll jump in and say what you think.

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