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Executive Investigator
Tracking and Analyzing Executive Salaries, Bonuses, and Perks
# Monday, March 30, 2009
Goldman Sachs Group Inc. CEO Lloyd Blankfein received compensation from stock and options valued at $42.9 million during fiscal 2008 according to the Associated Press.

Though the compensation was for performance prior to 2008 and Blankfein received no compensation tied to his performance last year, examples like this once again question whether drastic collapses should require CEOs to forgo performance pay promised in good years.

Goldman Sachs took $10 billion in TARP money while reporting its first ever quarterly loss last year - facts that led to a drop in its share price that erased all gains since 2005.

Monday, March 30, 2009 6:18:56 PM UTC  #    Comments [5]  |  Trackback