The American Prospect: Goldman Sachs Finds No Problem With Forced Arbitration

A review conducted by the law firm that represented Jeffrey Epstein determines that Goldman blocking employee access to courts is no problem.

At first glance, it looked like great news for the movement to quash mandatory arbitration of employment claims.

In early June, Goldman Sachs & Co. said it would undertake a review of its practice of barring employees from suing the firm in court. It was a surprise turnaround by the company, which had fought and narrowly defeated a shareholder proposal seeking the arbitration probe.

But 49 percent of shareholders voting in favor of having Goldman investigate the controversial policy was enough to shame the company into switching gears.

Hopes immediately ran high. “This is for all women who’ve been harassed and then SILENCED,” tweeted arbitration foe and former Fox News anchor Gretchen Carlson, on the news of Goldman’s June decision. “No more! America is awake and we have a voice.”