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IPFS News Link • Central Banks/Banking

Goldman Confronts Protesters Inside New York Headquarters

• https://www.bloomberg.com/news/articles/2016-11-10

Protesters yelled chants and waved signs in the lobby of Goldman Sachs Group Inc.'s New York headquarters Wednesday in opposition to the firm's growing influence in President-elect Donald Trump's administration.

About 40 protesters entered Goldman's lobby and were ejected, in some cases physically, according to a statement from New York Communities for Change, a social- and economic-justice advocacy group. Roughly half that number of people can been seen participating in a video of the rally posted on Facebook.

The activists criticized Goldman's role in the U.S. housing crisis and the long history of its former executives taking senior posts in government. The video shows protesters shouting, holding banners and blocking turnstiles in the lobby. An officer can be seen confiscating a black banner with the words "Government Sachs," and later he pushes some protesters through an open door.

"We respect every individual's rights to assembly and free speech in accordance with laws," said Tiffany Galvin, a company spokeswoman. "In this case, the police escorted these individuals out of the building for trespassing."

The group vowed to return on Jan. 17.

Shares of Goldman Sachs have surged 34 percent since Trump's election in November.


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