div > div.group > p:first-child"> The bank cut compensation and benefits set aside for employees in the quarter by 20 percent to $3.26 billion, or about $90,780 for each of the bank's 35,900 workers. A year ago, that figure was $119,323 for each of the bank's 34,000 workers.
Goldman posted first-quarter revenue that missed analysts' expectations, dropping 13% to $8.81 billion amid a tougher market for trading and investing businesses. But it beat analysts' expectations for profit, posting $5.71 a share, compared with the $4.89 estimate, the New York-based firm said in a release.
The beatings will continue until morale improves!
Why doesn’t he take a pay cut he’s the CEO!!! HE should take responsibility not his employees
Will raise his own later
9 Wall Street Execs Who Cashed In on the Crisis. Meet the moguls who made out like bandits. (NO JAIL TIME) BIG FAT BONUSES.!! 2008.!! TAX CUTS TO THE RICH DON'T WORK!! … WHEN YOU DON'T PUT THESE SOB'S IN JAIL YOU GET MORE OF THE SAME.!!
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