Goldman Sachs Group Inc. shareholders are the latest to voice their disapproval toward the bonus sizes being doled out by the company this year. Powerful investors have encouraged the Wall Street firm to diminish its bonus pool, insisting the tremendous earnings should go be awarded to investors who chose to trust them with their funds despite their contribution to the credit crisis.
Investors hold tens of millions of shares in Goldman but are being paid little mind as the company gears up for the biggest employee payout in their 140-year history. The action has angered not only shareholders, but those with even less vested interest in the situation, the individuals who have suffered immensely from the crash. Public opinion is largely that the gesture is disrespectful toward those who have not rebounded as quickly from the crash Goldman helped create.
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