Tell the banks to Stop Giving Out Government Service Golden Parachutes

Boards of Citigroup, Lazard, Goldman Sachs, Morgan Stanley and J.P. Morgan

Wall Street routinely gives executives--who resign for powerful jobs in federal government--big payouts after they leave. These stock packages--called government service golden parachutes--promote a revolving door between Wall Street and government. And for far too long, Wall Street banks have had too much say in the regulation of the financial industry.

Sign the petition to tell big banks to stop giving large golden parachutes to executives going into top government posts and bring some integrity back to our financial system.
Sponsored by
Aflcio-square
Washington, DC

To: Boards of Citigroup, Lazard, Goldman Sachs, Morgan Stanley and J.P. Morgan
From: [Your Name]

Working people should feel confident that government regulators are working on behalf of the public interest and our common good. The American people cannot trust that the system is not being rigged against them as long as Wall Street provides financial incentives for its top executives to go into government posts. Please end the practice of giving government service golden parachutes to outgoing executives.