at MarketWatch.com (Fri, 12:59PM)
In 2011, Goldman Sachs' (GS -3.5%) earnings fell 47%, its stock price tumbled 46% and the company cut loose 2,400 employees. By those measures, Lloyd Blankfein's 35% cut in total compensation to $12M seems generous. His pay compares to $10.5M for James Gorman (MS), $15M for Vikram Pandit (C) and $23M for Jamie Dimon (JPM).
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