The New York Times‘ Dealbook reports that Goldman Sachs will give its employees bonuses totaling $23 billion at the end of 2009, the largest sum ever, and double what Goldman workers received for 2008.
“Compensation continues to generate controversy and anger…And, in many respects, much of it is understandable and appropriate,” says Lloyd Blankfein, the chief executive of Goldman Sachs. (If people are viscerally upset, perhaps it’s because of the $10 billion which taxpayers loaned to Goldman a year ago, via the U.S. Treasury’s Troubled Assets Relief Program.)
Latest posts by JacobSloan (see all)
- For Sale: Poveglia, The Haunted Italian Island With A Chilling History - Apr 20, 2014
- Lab Is Missing 2,000 Vials Of The Deadly SARS Virus - Apr 19, 2014
- Essential Vitamin B3 May Have Arrived From Space On Meteorites - Apr 18, 2014