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Goldman Bosses Take a Pass on Bonuses

Wall Street's meltdown prompts top 7 execs to settle for $600,000 base pay

By Jim O'Neill,  Newser User

Posted Nov 17, 2008 7:10 AM CST

(Newser) – After an abysmal year, Goldman Sachs' top seven executives—including CEO Lloyd Blankfein—will give up their 2008 bonuses, totaling tens of million of dollars, reports the Wall Street Journal. The decision could force other execs on Wall Street to follow suit, reducing some of...   Read full story »

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