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04 October 2023

Goldman CEO to get lower bonus

Lloyd Blankfein (SUPPLIED)

By Staff Writer

In a sign it is concerned about Main Street anger over bankers' compensation, Goldman Sachs Group decided to give its CEO Lloyd Blankfein and other top executives lower bonuses than many had expected. Goldman, which reported a record profit for 2009, will pay the executives bonuses in stock worth $9 million (Dh33m) each, far below what they got in 2007.


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