Lloyd Blankfein, the CEO for Goldman Sachs Group Inc., has just been awarded a $67.9 million bonus for 2007. The payout will be distributed as $26.8 million in cash and $41.1 million in restricted shares and options. Most of us would be lucky to make $68 million in our lifetime, and this guy is getting this as his annual bonus!
Man… I am definitely in the wrong business!
Read the Reuters or Bloomberg stories for more info.
[tags]Money, Wall Street, Finance, 2007[/tags]