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Goldman, JPMorgan Resist Nuns' Proposal on Swaps. fal2grace on Apr 2, 2010 April 2 (Bloomberg) -- Goldman Sachs Group Inc. and JP Morgan Chase & Co. aren't doing God's work when it comes to derivatives …More
Goldman, JPMorgan Resist Nuns' Proposal on Swaps.

fal2grace on Apr 2, 2010 April 2 (Bloomberg) -- Goldman Sachs Group Inc. and JP Morgan Chase & Co. aren't doing God's work when it comes to derivatives, according to investor groups of nuns and priests. Shareholders will vote starting this month on proposals sponsored by the Sisters of Charity of Saint Elizabeth and 14 other religious organizations, asking Goldman Sachs, JP Morgan, Citigroup Inc. and Bank of America Corp. to give more information on the collateral used in their derivatives trading.
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Nuns doing God’s work—as shareholders
www.lekiosque.fr/article-1135852…
Not long ago, an unusual visitor arrived at the sleek headquarters of Goldman Sachs in NewYork. It was not some chief executive, or a politician from Athens or Washington, or even a sign-waving demonstrator fromOccupyWall Street. It was Sister Nora Nash of the Sisters of St. Francis of Philadelphia ...