Amid Legal Issues, Activists Call For Separate Goldman Chairman, CEO

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Mark Melin
Published on
Updated on

As questioning of the large banks involved in the 2008 financial crisis and its sometimes lawless aftermath comes out from the shadows, a group submitting a proposal for the Goldman Sachs Chair to be an independent director cites challenging regulatory and justice system issues. At present Goldman Sachs CEO Lloyd Blankfein is also Chairman of the Board of Directors at the firm. Activists want Goldman Sachs’ questionable issues considered Pointing to numerous of questionable episodes in the bank’s past, including the most recent Greek debt crisis, many of the issues that remain generally unreported, the group SumOfUs raises issues typically not…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.