Goldman Sachs Withdraws From Fund-Raiser After Occupy Wall Street Gets Place at Table
(WSJ)
Earlier this month, hundreds of New Yorkers received an unusual  dinner invitation from the Lower East Side People’s Federal Credit  Union.
The Credit Union, a small lender  serving New York’s poor, was holding a fund-raiser to celebrate its 25th  anniversary. Among the chief sponsors listed on the invitation was Goldman Sachs Group Inc.
Among the honorees: “Occupy Wall Street.”
They might as well have asked Marie Antoinette to dig into her purse to support Madame Defarge’s knitting business.
Shortly after the invitation was sent  out, Goldman withdrew its name from the dinner. It also pulled the plug  on its $5,000 funding pledge.
Photo Credit: Associated Press

Goldman Sachs Withdraws From Fund-Raiser After Occupy Wall Street Gets Place at Table

(WSJ)

Earlier this month, hundreds of New Yorkers received an unusual dinner invitation from the Lower East Side People’s Federal Credit Union.

The Credit Union, a small lender serving New York’s poor, was holding a fund-raiser to celebrate its 25th anniversary. Among the chief sponsors listed on the invitation was Goldman Sachs Group Inc.

Among the honorees: “Occupy Wall Street.”

They might as well have asked Marie Antoinette to dig into her purse to support Madame Defarge’s knitting business.

Shortly after the invitation was sent out, Goldman withdrew its name from the dinner. It also pulled the plug on its $5,000 funding pledge.

Photo Credit: Associated Press