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Pittsburg, CA. 94565
November 15, 2013
John F. W. Rogers,
Secretary to the Board of Directors
The Goldman Sachs Group Inc.
200 West Street,New York
NY 10282
Re: Shareholder Proposal on Public
Policy Committee
Dear Secretary to the Board of Directors:
Enclosed
please find my shareholder proposal for inclusion in our proxy materials for
the 2014 annual meeting of shareholders and Scottrade letter of my shares
ownership. I will continuously hold
these shares until the 2014 annual meeting of shareholders.
Should you have any
questions, please contact me at 1-925-643-xxxx (phone/fax) or zhao.cpri@gmail.com.
Yours
truly,
Jing
Zhao
Enclosure: Shareholder proposal
Scottrade letter of Jing Zhao’s shares ownership
Shareholder Proposal on Establishing
a Public Policy Committee
Resolved:
shareholders recommend that The Goldman Sachs Group (the firm) establish a Public Policy Committee to assist
the Board of Directors in overseeing the firm's policies and practice that
relate to public policy and corporate citizenship including human rights,
environmental sustainability, corporate social responsibility, vendor chain
management, and charitable giving, political activities and expenditures,
government relations activities, international relations, and other public
issues of significance to the firm that may affect the firm's operations,
performance or reputation.
Supporting Statement
Although the firm currently has a Corporate Governance,
Nominating and Public Responsibilities Committee with its Public
Responsibilities Subcommittee to “assist our Board in its oversight of our
firm’s relationships with major external constituencies and our reputation” and
to “review our firm’s philanthropic and educational initiatives,” it is neither
sufficient nor effective to deal with the increasingly worldwide complicated public policy concerns. In the dynamic Pacific Asia region, the
Japanese government has utilized the Tiananmen Tragedy of China in 1989 to abandon its own peace
constitution (the cornerstone of Asia’s peace after WWII) towards rearmament,
militarization and fascism to mislead the U.S. forces under the U.S.-Japan Security Treaties to crash with the rising power of
a nationalistic China. For example, although the Japanese government
signed the G-7 Summit declaration in 1989 in France to protect Chinese
students, I, as a graduate student in Osaka University organizing Chinese
democratic movement in Japan, was persecuted in Japan because I refused Japanese
government’s offer to betray my fellow Chinese students in Japan (refer to Asahi
Daily’s interviews with me on February 10, 1990, October 20, 1992 and June 8,
2009, and my long article “The Betrayal of Democracy: Tiananmen's Shadow over
Japan,” Historia Actual Online. ISSN 1696-2060. 2004. Issue 4 Volume 2). On the other hand, the international public
is concerned on recent media coverage of the U.S.financial industry (including our firm) bribing Chinese high officials through
their families to obtain business deals in China. It is obvious that without a public policy committee, our firm cannot legally
and ethically deal with this kind of complicated international business. In fact, partly to respond to my proposal,
Microsoft established such a committee in 2012. Isn’t it more necessary for a leading finance
firm than a leading tech firm to establish a public policy committee?
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