Tuesday, July 19, 2011

Risk pays

New York Times reports that Goldman Sachs’ chief CEO Lloyd C. Blankfein—and other Goldman executives—will collect $111.3 million in stock, delayed compensation from 2009 and 2007. The CEO gets a $24 million piece of this pie.

Meanwhile Goldman Sachs second-quarter profit of $1.85 a share fell short of analysts’ expectations of $2.27 a share, according to Reuters reports.

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