Tuesday, February 1, 2011

Money for nothing at Goldman

America's favorite bankers have outdone themselves yet again. How might you compensate management for a year in which profits plunged, you spent $550 million of shareholder money to settle a fraud investigation and your stock ended up more or less exactly where it started (see chart, right)? You might be tempted to nix raises or [...]

Source: http://finance.fortune.cnn.com/2011/01/30/money-for-nothing-at-goldman/

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