CEO sparks outrage after piling on luxury perks amid company cutbacks: 'The rationale ... is far from robust'
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CEO sparks outrage after piling on luxury perks amid company cutbacks: 'The rationale ... is far from robust'
As cost-cutting becomes a growing trend on Wall Street, senior leadership at Goldman Sachs seems to be flying high regardless. RIABiz reported that the New York City investment bank's CEO David Solomon and president John Waldron have drawn criticism from shareholders due to excessive expenses and compensation — namely the two private jets owned by the bank. Not only are these financial decisions being made during a period that Goldman itself sa…
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