Goldman Sachs CEO Lloyd Blankfein did little to ingratiate himself to the general public when in November 2009 he told The Times of London that bankers do "God's work." Now Goldman will have to face those who actually are doing "God's work."
A coalition of Catholic nuns plans to cause a scene at the investment bank's annual shareholders meeting next month. The Sisters of Saint Joseph of Boston, the Sisters of St. Francis of Philadelphia, the Sisters of Notre Dame de Namur, and the Benedictine Sisters of Mt. Angel make up the coalition, and are all Goldman investors.
Sister Marietta Schindler and the Benedictine Sisters of Mt. Angel have been buying stocks for the past 15 years in various companies including Goldman Sachs, "so we can have a voice," she says.