Goldman sends exit signal to about 100 dealmakers

• Around the industry, it's known as getting "blanked," or getting a "goose egg," or "doughnut." Goldman Sachs (NYSE:GS) didn't pay any 2016 bonus to about 100 investment bankers, according to Bloomberg. It's more or less a signal that their services are best provided elsewhere.
• According to sources, the move is more draconian than in the past when underperformers still got a little something. The absolute number (100) is also larger than past years.
• Despite an 11% decline in investment banking revenue in 2016, Goldman did remain the #1 global merger adviser.