Goldman Sachs CEO Could Get Record $100 Million Bonus

Having payed back billions of taxpayer bailout dollars it borrowed and raked in $1.8 billion in profits last year, Goldman Sachs, that "vampire squid wrapped around the face of humanity," is getting ready to pay record bonuses to its top executives. Anonymous bankers in Davos for the World Economic Forum (WEF) told The Times of London that Lloyd Blankfein and other top Goldman bankers are about to get record-setting bonuses. "This is Lloyd thumbing his nose at Obama," said an unidentified banker at one of Goldman’s rivals.

Last month President Obama proposed a tax and other regulations on Wall Street's biggest banking firms. The Times's sources say Goldman will pay Blankfein about $100 million in bonuses, which would eclipse his biggest bonus so far, the record $67.9 million he was paid in 2007. But put those pitchforks down—the payouts will be made in shares rather than cash "to make them more politically palatable," so it's all good!

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By John Del Signore in News on February 1, 2010 10:45 AM

Comments [rss]

NannyState

Meanwhile, Barbara Corcoran hurriedly digs all the condoms out of her purse and throws them away...

LB

Man the hell with all that shit youall talking . All I wanna know is ..... WHERE'S MY CUT ???????

Think2wice

The GOP is plotting to kill financial regulatory reform, in spite of all the populist teabaggery against profligate banks.

If the Dems are too dumb or cowardly to call out the GOPers as the hypocrites they are, then the Dems deserve to loose all their seats.

petes

OUR LEADERS BAILED THESE GUYS OUT WITH OUR MONEY, DOES THIS TELL ANYONE SOMEHTING?????

Amanda Harletsch

OUR LEADERS?!

BUSH AND HIS 8 YEARS OF RECKLESS PILLAGE!?

It is called "deregulation" brought to you by the mighty lobbyists and the GOP supported in the ever present "small government" BS.

valeriob

Only that you can't spell, your caps lock is stuck, and you are angry at the world. Oh, and your calling for the murder of someone is pretty sick.

I've got a special jacket for you my friend; won't you please try it on to see if it fits?

Dead Himmler

Who is calling for a murder?

HypocraticOath

I was Dialing M...

valeriob

The comment was erased by editors. Petes made two comments, this was his second.

valeriob

I refuse to squabble with you if you don't understand basic concepts or continue to write inaccurate garbage.

Please jump on the huffpo boards, they're all eager to agree with you over there.

bullishnyc

Here here!

just saying

It's hear, hear--dingdong.

Dead Himmler

Bank bailouts = Moral Hazard FAIL.

valeriob

Wall street is an easy target. It's easy to turn on your TV and join in on blaming some DB for taking some bonus that doesn't mean shit to you. It's even easier to have no grasp of how finance works; therefore it has to be corrupt and unjust!

It's human nature to fear something we don't understand. Sorry most of you up there so are scared, just don't be so bitter.

"Oh, look at that guy in the nice suit walking out of his shiny building, he's making so much monies! Ugh what a dick." :nom nom sammich:

FelixtheCat & Christine Quinn'

seriously, the economy is failing why GS is pile high on our dough. This isn't capitalism but robbery. The same with bloomberg, the city HAS NO money (in his own words) and yet his wealth his increased 10X. This isn't about jealously but they are robbing us and prospering from our misery which they caused.

hotstepper

you sound bitter. and self-righteous. and kinda like my old man. and you spun my comment. i was using the chinese example because their businesses and entire economy is booming. remember the "can-do" americans? where are they now? maybe you should quit complaining about worker rights and start a business of your own. that's all. good luck to you.

FelixtheCat & Christine Quinn'

This is why Fox and their teabaggers' cries of socialism is a joke and how the masses just follow without thinking.

Sketto

Spare me the Econ 101 lectures and brainwashed defense of "capitalism". Just tell the bankers that they better spend their extra cash on good security systems.

I think it's time some rocks started going through some windows.

Think2wice

Oh, New York State better get it's bonus taxes worth from these vampire squids.

nicemarmot

America's not a democracy, it's a corpocracy. The Dems and Repubs banded together to put our country under the control of large industries (and unions, natch) and they succeeded because every one of you idiots fell for their bs. They distract you with their claims to care about political issues, but all they care about is money and power. Now, corporations and unions are somehow the ones running our country. The result is sexually molesting teachers making $100k/yr to sit in a rubber room for ten years, and Goldman Sachs dickwad CEOs paying themselves $100 million bonuses. Don't expect any of this to change anytime soon. And remember, every one of you who fell for the "Republican vs Democrat" crap is responsible.