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Economy |
Goldman Sachs CEO Lloyd Blankfein stands to collect $100 million bonus |
2010-02-01 |
He's been grilled by Congress and blasted by critics, but the chief executive of Goldman Sachs may soon have $100 million reasons to smile. Lloyd Blankfein, who leads the world's richest investment bank, stands to collect an eye-popping $100 million bonus in defiance of President Obama, according to bankers meeting in Davos, Switzerland, for the World Economic Forum. "This is Lloyd thumbing his nose at Obama," a banker at one of Goldman's rivals told The Times of London. The prospect of a $100 million bonus would dwarf the $67.9 million Blankfein collected in 2007. It also would come after Obama called such payments "shameful." Goldman Sachs refused to comment, but will have to report the pay of its top executives by the end of next month. |
Posted by:tipper |
#7 The ONLY '60s counter-culture BS bumper sticker I ever brought into was, "Eat the Rich..." IMHO, the Rich would probably taste unsavory, funky, putrid and rancid. But as a 21 year-old 'Nam-era vet listening to(and getting) Barry Farber's WABC nightly NYC radio talk show; I was a happy young man with a dream. That dream probaly won't be an option for my daughter & son-In-Law. We've had it. -at- "BLANKFEIN, LAURA NEW YORK,NY 10028 SELF EMPLOYED/ATTORNEY 3/12/07 $2,300 Clinton, Hillary (D) BLANKFEIN, LAURA NEW YORK,NY 10028 SELF EMPLOYED/ATTORNEY 3/12/07 $2,300 Clinton, Hillary (D) BLANKFEIN, LAURA NEW YORK,NY 10028 8/28/08 $-2,300 Clinton, Hillary (D) BLANKFEIN, LLOYD GARDEN CITY,NY 11530 GOLDMAN SACHS/INVESTMENT BANKER 11/27/07 $28,500 Democratic Senatorial Campaign Cmte (D) BLANKFEIN, LLOYD GARDEN CITY,NY 11530 GOLDMAN SACHS/INVESTMENT BANKER 9/30/09 $2,400 Pagliuca, Steve (D) BLANKFEIN, LLOYD C NEW YORK,NY 10004 GOLDMAN SACHS/INVESTMENT BANKER 11/2/09 $5,000 Goldman Sachs BLANKFEIN, LLOYD C NEW YORK,NY 10004 GOLDMAN SACHS/INVESTMENT BANKER 3/21/07 $5,000 Goldman Sachs BLANKFEIN, LLOYD C NEW YORK,NY 10004 GOLDMAN SACHS/INVESTMENT BANKER 6/16/08 $5,000 Goldman Sachs BLANKFEIN, LLOYD C NEW YORK,NY 10028 GOLDMAN SACHS/INVESTMENT BANKER 9/29/09 $2,400 McMahon, Michael E (D) BLANKFEIN, LLOYD C NEW YORK,NY 10004 GOLDMAN SACHS & CO./INVESTMENT BANK 2/21/07 $2,300 Clinton, Hillary (D) BLANKFEIN, LLOYD C NEW YORK,NY 10028 GOLDMAN SACHS & CO/INVESTMENT BANKE 2/21/07 $2,300 Clinton, Hillary (D) BLANKFEIN, LLOYD C MR NEW YORK,NY 10028 GOLDMAN SACHS/CHAIRMAN AND CEO 5/10/07 $2,300 Dodd, Chris (D) |
Posted by: Asymmetrical Triangulation 2010-02-01 22:15 |
#6 The ONLY '60s counter-culture BS bumper sticker I ever brought into was, "Eat the Rich..." IMHO, the Rich would probably taste unsavory, funky, putrid and rancid. But as a 21 year-old 'Nam-era vet listening to(and getting) Barry Farber's WABC nightly NYC radio talk show; I was a happy young man with a dream. That dream probaly won't be an option for my daughter & son-In-Law. We've had it. -as- "BLANKFEIN, LAURA NEW YORK,NY 10028 SELF EMPLOYED/ATTORNEY 3/12/07 $2,300 Clinton, Hillary (D) BLANKFEIN, LAURA NEW YORK,NY 10028 SELF EMPLOYED/ATTORNEY 3/12/07 $2,300 Clinton, Hillary (D) BLANKFEIN, LAURA NEW YORK,NY 10028 8/28/08 $-2,300 Clinton, Hillary (D) BLANKFEIN, LLOYD GARDEN CITY,NY 11530 GOLDMAN SACHS/INVESTMENT BANKER 11/27/07 $28,500 Democratic Senatorial Campaign Cmte (D) BLANKFEIN, LLOYD GARDEN CITY,NY 11530 GOLDMAN SACHS/INVESTMENT BANKER 9/30/09 $2,400 Pagliuca, Steve (D) BLANKFEIN, LLOYD C NEW YORK,NY 10004 GOLDMAN SACHS/INVESTMENT BANKER 11/2/09 $5,000 Goldman Sachs BLANKFEIN, LLOYD C NEW YORK,NY 10004 GOLDMAN SACHS/INVESTMENT BANKER 3/21/07 $5,000 Goldman Sachs BLANKFEIN, LLOYD C NEW YORK,NY 10004 GOLDMAN SACHS/INVESTMENT BANKER 6/16/08 $5,000 Goldman Sachs BLANKFEIN, LLOYD C NEW YORK,NY 10028 GOLDMAN SACHS/INVESTMENT BANKER 9/29/09 $2,400 McMahon, Michael E (D) BLANKFEIN, LLOYD C NEW YORK,NY 10004 GOLDMAN SACHS & CO./INVESTMENT BANK 2/21/07 $2,300 Clinton, Hillary (D) BLANKFEIN, LLOYD C NEW YORK,NY 10028 GOLDMAN SACHS & CO/INVESTMENT BANKE 2/21/07 $2,300 Clinton, Hillary (D) BLANKFEIN, LLOYD C MR NEW YORK,NY 10028 GOLDMAN SACHS/CHAIRMAN AND CEO 5/10/07 $2,300 Dodd, Chris (D) |
Posted by: Asymmetrical Triangulation 2010-02-01 21:48 |
#5 ...or the Russian Revolution or for that matter any place where the Marxist eventually gained control of power. It may be Spring Time at Sachs now, but their paid agent of Hope and Change is not a capitalist. |
Posted by: Procopius2k 2010-02-01 20:12 |
#4 the French Revolution had no lessons for them? |
Posted by: 3dc 2010-02-01 19:43 |
#3 Opensecrets.org: Lloyd and Laura Blankfein Nothing pays off as handsomely as buying politicians. |
Posted by: ed 2010-02-01 09:54 |
#2 The bonus must be for getting taxpayer funds for the stockholders. |
Posted by: Glenmore 2010-02-01 09:40 |
#1 Well, Fannie Mae and Mac just had another $200 billion dollar infusion of Treasury [that's yours and mine] money, but the exec's still get million dollar bonuses. Goldman Sachs just had a better year. /sarc off |
Posted by: Procopius2k 2010-02-01 09:36 |