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« Business News- Obama- 10.6% unemployment rate reported as 9.7% after creative math by government- Top Story | Politics- News- Palin Emails show Todd Palin influence on ex-Alaska Governor »
Business News- Goldman Sachs hands out $9 mil bonus to blankfein
Goldman Sachs’s Blankfein Receives $9 Million Bonus for 2009- Business Week- Bloomberg
Feb. 6 (Bloomberg) — Goldman Sachs Group Inc. gave Chairman and Chief Executive Officer Lloyd Blankfein a $9 million all-stock bonus for 2009, about half the award granted by JPMorgan Chase & Co. to CEO Jamie Dimon, even as profit reached an all-time high and the shares doubled.
“This is certainly lower than my best estimate would have been,” said Rose Marie Orens, a senior partners at Compensation Advisory Partners in New York. “There was a very definite decision that they weren’t going to have the discussion be all about them and pay.”