Nuns Vs. Goldman Sachs

Illustration for article titled Nuns Vs. Goldman Sachs

Four orders of nuns that invest with Goldman Sachs are asking the board to review its "excessive" compensation policy — a policy that nearly doubled Lloyd Blankfein's salary in the past year. From their mouths to God's ears.

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DISCUSSION

I know of another organization with some excessive compensation. Their leader has a city palace and a country palace, and he wears custom made clothing often sewn with gold. The off-the-shelf items he has come from Gucci and Prada. He not only requires real bodyguards but insists on having ceremonial ones as well.