MARKET CURRENTS
real-time news and commentary for investors
- Friday, February 3, 5:54 PM Goldman Sachs' (GS) earnings dropped 47% and its stock price slid 46% in 2011, but CEO Lloyd Blankfein received a $7M restricted stock bonus for the year. He received the 61,702 share award on Feb. 1, Bloomberg reports; additionally, he received a $2M salary, an increase from his previous base of $600K.
Other date
Latest Articles on Financials
This news story has 6 comments:
I am sure the average Joe who bought some of their crap understands how difficult it is to dream up ways to fleece the sheeple.
$7 Million hardly seems adequate.
I believe in freedom: they have the freedom to award him the compensation they think appropriate - investors have the freedom to boycott the stock.
Simple!
Everyone should get less until it comes to your wallet then the song changes. Too bad most of you are on food stamps.