Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

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Tuesday, March 27, 2007

Shareholder Proposals at Goldman Sachs Complain about Nature Preserve

Two Goldman Sachs shareholders have included shareholder proposals on the management proxy statement, complaining that the company's donation of land in Chile to a nature preserve is a waste of corporate assets.  Goldman Sachs has made big money in the energy field while becoming known as Wall St.'s "green" investment banker.  See WSJ, Goldman's Green Streak Is Questioned As Two Investors Seek Focus on Profit.

http://lawprofessors.typepad.com/securities/2007/03/shareholder_pro.html

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