Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
 

denem

(11,045 posts)
Fri Jan 31, 2014, 01:31 AM Jan 2014

Goldman Said to Boost CEO’s Bonus 11% to $21 Million

Source: Bloomberg

Goldman Sachs Group Inc. (GS) Chief Executive Officer Lloyd C. Blankfein, the highest-paid head of a U.S. bank for 2012, saw his bonus increase 11 percent to $21 million for his work last year.

Blankfein, who also serves as chairman, received 88,422 restricted shares on Jan. 28 valued at $14.7 million, according to a regulatory filing. He also got a cash award amounting to the typical 30 percent of his total bonus, according to a person with knowledge of the payout. On that basis, the cash portion of his bonus would be about $6.3 million.

Read more: http://www.bloomberg.com/news/2014-01-30/goldman-increases-blankfein-s-stock-bonus-11-to-14-7-million.html

9 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Goldman Said to Boost CEO’s Bonus 11% to $21 Million (Original Post) denem Jan 2014 OP
Even with the Libya and NYState suits, elleng Jan 2014 #1
Why? :/ tofuandbeer Jan 2014 #2
. Wilms Jan 2014 #3
Another Lord of Wall Street for all us peasants to worship mdbl Jan 2014 #4
You may kiss my Ring denem Jan 2014 #5
"Forgive me father, for I have sinned." Thav Jan 2014 #6
Layoff our almighty job creators everyone Dopers_Greed Jan 2014 #7
should they get bonuses while "quantitative easing," backdoor bailouts from Fed, continue? yurbud Jan 2014 #8
Business as usual, Greed is a disease. sarcasmo Jan 2014 #9

elleng

(141,926 posts)
1. Even with the Libya and NYState suits,
Fri Jan 31, 2014, 01:40 AM
Jan 2014

they do this? Bad news, imo, if those suits are successful, but will take a while.

mdbl

(8,741 posts)
4. Another Lord of Wall Street for all us peasants to worship
Fri Jan 31, 2014, 07:10 AM
Jan 2014

I'll meet you all at Stock Market for church services!

Thav

(950 posts)
6. "Forgive me father, for I have sinned."
Fri Jan 31, 2014, 10:25 AM
Jan 2014

It has been 22 days since I last crashed an economy for my own profit....

yurbud

(39,405 posts)
8. should they get bonuses while "quantitative easing," backdoor bailouts from Fed, continue?
Fri Jan 31, 2014, 01:27 PM
Jan 2014

Kick in to the DU tip jar?

This week we're running a special pop-up mini fund drive. From Monday through Friday we're going ad-free for all registered members, and we're asking you to kick in to the DU tip jar to support the site and keep us financially healthy.

As a bonus, making a contribution will allow you to leave kudos for another DU member, and at the end of the week we'll recognize the DUers who you think make this community great.

Tell me more...

Latest Discussions»Latest Breaking News»Goldman Said to Boost CEO...