Biz.PeanutButterNews.com

Bonus, given again. Why so much to handle money? What did he and all the others do to desire that big of a bonus? A lot of Americans do a good job every day and we are lucky we get paid. I didn’t understand why they have to get so much for a bonus.

Full Story at money.cnn.com

NEW YORK (CNNMoney.com) — Goldman Sachs stunned many in the Wall Street community Friday by awarding chief executive Lloyd Blankfein $9 million as his year-end bonus, far less than many were anticipating, and none of it in cash.

Following weeks of speculation about what the top executive at Wall Street’s leading investment bank would take home as his discretionary pay for 2009, the company revealed in a securities filing it was paying Blankfein 58,381 shares of company restricted stock.

This entry was posted on Monday, February 8th, 2010 at 5:05 am and is filed under Bonuses, Business, Financial, Investors, Market, Money, Stocks, Wall Street. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.