Reuters: Goldman CEO says "say on pay" a bad idea

[chris]

Goldman CEO says "say on pay" a bad idea
      

NEW YORK (Reuters) - Goldman Sachs Group Inc  Chief Executive Lloyd Blankfein, who received about $70 million of compensation last year by some counts, said on Thursday that shareholder votes on executive pay would constrain the board and hurt the investment bank's ability to attract the best employees.
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