Goldman exec's Vt. talk nixed after protest threat

October 20, 2011 - 5:20 PM

MONTPELIER, Vt. (AP) — A Goldman Sachs analyst who planned to talk to students at his University of Vermont alma mater about careers in the financial services industry has canceled his appearance after backers of the Occupy Wall Street movement threatened protests.

Business school dean Sanjay Sharma says Jeff Ares was scheduled to speak Friday but canceled the talk at the request of his employer, Goldman Sachs.

The cancellation came after Occupy Vermont activists posted Facebook messages urging supports to attend Ares' talk and "make our voices heard."

As one of the leading Wall Street banks, Goldman came under fire for generous executive compensation after getting a $10 billion bailout during the financial collapse. The Occupy Wall Street movement has railed against corporate greed.

A Goldman spokeswoman says the company has no comment.