Wednesday, October 29, 2008

Goldman Sachs bonus pool

In spite of a implosion in their stock price and financial ruins all around, Goldman Sachs partners are getting ready to become enriched once more . . . . Goldman's profit through the first nine months of its fiscal year was $4.44 billion, down 47 percent from last year's record. The company has set aside $11.4 billion for compensation and benefits this year, down 32 percent from the same time in 2007.

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