Word: weinberg
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...Investment Banker Sidney J. Weinberg, senior partner in Manhattan's Goldman Sachs & Co. and once a director of 35 companies (he has cut it to six), all this corporate tolerance is no laughing matter. Annual meetings are becoming a "circus," says Weinberg, thanks to "publicity-seeking characters who attend primarily to ask impertinent, irrelevant, sometimes abusive questions. This kind of behavior must be stopped right now, before stockholders lose respect for management. The vast majority of stockholders resent these characters. I was delighted when many companies that dispensed free lunches and free products at meetings stopped...
...students demanded Weinberg's release, and the immediate reinstatement of four persons suspended from the university Wednesday night. The suspended students had defied a university ban on soliciting membership and funds for political organizations on campus...
...Jack Weinberg, a leader of protests against recent university restrictions on campus political activity, had been imprisoned in the back seat of a patrol car for 32 hours at sunset last night. Thousands of his compatriots were sitting on all sides of the car preventing police from moving...
With the exception of a few minor incidents, the massive demonstrations have remained non-violent. But student leaders, who yesterday climbed atop the battered university police car to address their cohorts, warned of police attempts to break up the crowd and remove Weinberg in the wee hours of the morning...
University officials said that last night Weinberg would be taken to police headquarters, booked, and released. Student leaders hope that Monday's negotiations will see the reinstatement of the eight suspended students. However, if their demands are not met, leaders warned that they will renew demonstrations...