Live from New York....

No it's not the crazy stock market, which at last check was back down after making up all its earlier losses. It's the crazy Goldman Sachs annual meeting, which stars CEO Lloyd Blankfein and features any number of disgruntled shareholders. (You know it's a big deal because Jesse Jackson showed up to say a few words.) Blankfein says he wants to clean up the firm's cruddy image, though he hasn't said much about the SEC case. His own job appears safe - shareholders turned down overwhelmingly splitting up the chairman and CEO positions, which was the beginning of the end for Disney's Michael Eisner. From the WSJ's live blogging:

A shareholder asks if the current issues have hurt business. Blankfein said it is "hard to tell" because "you don't hear a call you don't get" but things look positive. "On the whole our business has held up quite well given the support from our clients," Mr. Blankfein said. "It sets me back a bit, the enthusiasm we have gotten."

More by Mark Lacter:
American-US Air settlement with DOJ includes small tweak at LAX
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Amazon keeps pushing for faster L.A. delivery
Another rugged quarter for Tribune Co. papers
How does Stanford compete with the big boys?
Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
Further fallout from airport shootings
Crazy opening for Twitter*
Should Twitter be valued at $18 billion?
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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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