It does not seem to matter that the government and much of the public are outraged over Wall St pay. It also does not seem to matter that Goldman Sachs (NYSE: GS) ran afoul of the SEC or that the bank had only modest profits this year.
CEO Lloyd Blankfein and a number of his seconds-in-command received huge raises. Blankfein, Goldman’s CEO and chairman, received a raise. His base salary will be $2 million.
Blankfein was also granted 78,111 in restricted shares.
All together that adds to about $13 million, not much for Blankfein based on his past compensation, but a king’s ransom for almost anyone else.
Douglas A. McIntyre
Travel Cards Are Getting Too Good To Ignore (sponsored)
Credit card companies are pulling out all the stops, with the issuers are offering insane travel rewards and perks.
We’re talking huge sign-up bonuses, points on every purchase, and benefits like lounge access, travel credits, and free hotel nights. For travelers, these rewards can add up to thousands of dollars in flights, upgrades, and luxury experiences every year.
It’s like getting paid to travel — and it’s available to qualified borrowers who know where to look.
We’ve rounded up some of the best travel credit cards on the market. Click here to see the list. Don’t miss these offers — they won’t be this good forever.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
You can follow him investing $500,000 of his own money on our top AI stocks for free.