Goldman Sachs Bonuses

"Give Me Your Tired, Your Poor... Well, Maybe Not"

Brett Ashley McKenzie | Posted 11.17.2008 | Business

Read More: Statue of Liberty, Poverty, Bailout, Wall Street, Wealth, Goldman Sachs, Goldman Sachs Bonuses, AIG Bailout, Financial Crisis, Business News
Brett Ashley McKenzie

Just across the river from the Statue of Liberty's promise of welcome, the tired and poor are not even an afterthought.

Read Post

Goldman Sachs Chiefs Give Up Bonuses: Last Year Blankfein Took $70 Million

Bloomberg | Posted 11.17.2008 | Business

Read More: Lloyd Blankfein, Goldman Sachs, Bailout, Finance, Economy, Banks, Financial Crisis, Lloyd Blankfein Bonus, Goldman Sachs Bonuses, Bailout Bonuses, Business News

Goldman Sachs Group Inc., the firm that set a record for Wall Street pay last year, became the first U.S. bank to scrap 2008 bonuses for senior office...

Read Whole Story

Broken Securities Industry Still Has $20 Billion To Pay In Bonuses

Bloomberg News | Posted 10.27.2008 | Business

Read More: Financial Crisis, Merrill Lynch Bonuses, Morgan Stanley Bonuses, Goldman Sachs Bonuses, Business News

Five straight quarters of losses and a 70 percent slide in its stock this year haven't stopped Merrill Lynch & Co. from allocating about $6.7 billion ...

Read Whole Story

Bonus Time: You Give, Wall St. Takes

Robert Reed | Posted 10.22.2008 | Chicago

Read More: JP Morgan Chase, Merrill Lynch, Morgan Stanley, Wall Street Crisis, Goldman Sachs Bonuses, Bailout, Financial Crisis, Henry Paulson, Wall Street Bonuses, Chicago News
Robert Reed

Yuletide Cheer is rare, except on Wall Street, which is licking its collective chops in anticipation of yet another round of big annual payouts.

Read Post

Goldman Cuts Corners By Depriving Junior Execs Of Flying Business Class

New York Post | Mark DeCambre with Zachery Kouwe | Posted 06.18.2008 | Business

Read More: Lloyd Blankfein, Goldman Sachs Perks, Goldman Sachs, Goldman Sachs Junior Executives, Goldman Sachs Cut Corners, Riches to Rags, Housing Crisis, Subprime Mortage Crisis, Goldman Sachs Bonuses, Business News

Goldman Sachs has been best of breed among its mortgage-mangled brethren, but even it is starting to feel the pinch of a slackening deal flow, which h...

Read Whole Story

On The Night Before Christmas, All Through the House...Oops We Just Lost the House

Danny Schechter | Posted 12.23.2007 | Business

Read More: Bush Economy, Goldman Sachs, Subprime Mortgages, Goldman Sachs Bonuses, Subprime Mortgage Crisis, Economy, Business News
Danny Schechter

Whole neighborhoods pay the price for the subprime scandal that has yet to be ended or prosecuted.

Read Post

Wall Street Bonuses Surge 14 Percent Despite Dismal Earnings

AP | Joe Del Bruno | Posted 12.21.2007 | Business

Read More: Investment Banks, Goldman Sachs, Morgan Stanley, Goldman Sachs Bonuses, Wall Street, Lehman Brothers, Wall Street Bonuses, CEO Compensation, Business News

This might have been one of Wall Street's most dismal years in a decade, but that hasn't stopped bonus checks from rising an average of 14 percent. F...

Read Whole Story