Tuesday, September 23, 2008

Goldman Sachs which has become a bank to joint the line for huge taxpayer handout paid its Chairman and CEO Lloyd Blankfein $70 million last year. Co-Chief Operating Officers Gary Cohn and Jon Winkereid were paid $72.5 million and $71 million, respectivel

CEO pay: What those involved in the financial meltdown made

As Congress considers a $700 billion bailout for Wall Street and the banking sector, there are calls to restrict the pay and severance packages for CEOs at investment houses, Executives from some of the major investment and commercial banks involved in the financial upheaval and bailout earned hefty paychecks last year, according to proxy statements outlining their salaries, bonuses and stock options:

Posted by jaffa100 @ 08:39 PM (574 views)
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2 thoughts on “Goldman Sachs which has become a bank to joint the line for huge taxpayer handout paid its Chairman and CEO Lloyd Blankfein $70 million last year. Co-Chief Operating Officers Gary Cohn and Jon Winkereid were paid $72.5 million and $71 million, respectivel

  • When Barclays bought the New York chunk of Lehman Bros., one of the conditions was that all the top guys got paid their bonuses. For what….for Crookedness? Certainly not for being a successful enterprise!

    Nomura out-bid Barclays for the London activities…Did Nomura shell out bonuses too?

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  • The Financial World is morally corrupt.

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