Friday, December 11, 2009

Top 30 at Goldman Will Get Stock, Not Cash, as Bonus - NYTimes.com

Top 30 at Goldman Will Get Stock, Not Cash, as Bonus - NYTimes.com:
"Goldman Sachs announced on Thursday that its top executives would forgo cash bonuses this year and that it would give shareholders a say in determining compensation......While Goldman will give shareholders a say on pay, the bank would not be required to bow to its investors wishes. Still, a vote against Goldman would be deeply embarrassing for the bank."

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