February
2012
Friday, December 21, 2007
David Ellis, CNNMoney.com, 

Goldman’s Blankfein collects $68M bonus

Payday in restricted stock, options and cash marks biggest ever for Wall Street CEO.

NEW YORK (CNNMoney.com) -- Goldman Sachs Chairman and CEO Lloyd Blankfein will take home nearly $68 million in restricted stock, options and cash, making it the largest bonus ever given to a Wall Street CEO.

Blankfein was awarded $26.8 million in cash and $41.1 million in restricted stock and stock options, according to a company filing with the Securities and Exchange Commission issued Friday.

With this year's bonus, Blankfein shatters the record he set a year ago, when he was awarded $54 million.

News reports had originally projected that Blankfein will take home as much as $70 million, after helping to lead the company through this summer's market meltdown and the ongoing credit crisis.

Posted by Editor on 12/21/07 at 01:20 PM •  (0) Comments

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