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Goldman CEO: Populist Rage 'Appropriate'...

... For money-losing banks, not Blankfein's, which hiked pay 33%

By Jason Farago, Newser Staff

Posted Sep 10, 2009 1:53 AM CDT

(Newser) – The CEO of Goldman Sachs joined the debate over executive compensation yesterday, telling a conference in Frankfurt that public anger was "understandable and appropriate" for money-losing institutions who hand out fat bonuses. But, notes the Wall Street Journal, Lloyd Blankfein stopped short of... Read full story »

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Goldman CEO: Populist Rage 'Appropriate'...

... For money-losing banks, not Blankfein's, which hiked pay 33%

executive compensation • Goldman Sachs • bonuses • Lloyd Blankfein • investment banks • executive bonuses

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Goldman May Force More to Donate to Charity

Face-saving program would be similar to 4% rule at Bear Stearns

Once-Reserved Goldman Turns on the Charm

Ahead of record result, normally reticent bank puts on a smile

Wall Street Bonuses to Plummet

Falling revenues behind expected 40% plunge

Wall St.'s Top Bonuses Go to No-Names

Lloyd Blankfein's pay looks puny compared to John Stumpf's

Obama OK With Fat Bonuses for Blankfein, Dimon

Compares bank CEOs to overpaid baseball players

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