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DJIA10465.94  chart-1.22
NASDAQ2254.70  chart+3.01
S&P 5001101.60  chart+0.07
2010-07-30 16:02

Goldman Exec’s Forgo Bonuses

Over the weekend Goldman Sachs’ announced that CEO Lloyd Blankfein and six other top executives will forgo their 2008 bonuses. The move came as a result of increasing mortgage defaults and declining profits at the Wall Street bank.  Even though Goldman has weathered the financial storm better than their competition, it’s clear that this [...]