Goldman Sachs' CEO Lloyd Blankfein Takes 35% Pay Cut For 2011

Goldman Sachs Group, Inc. (NYSE:GS) recently announced that CEO Lloyd Blankfein took $12.4 million in total compensation for 2011 which is down 35% from 2010, when he earned $19.1 million.  The pay cut comes after the bank posted lower profits and share price.  The CEO received $2 million in actual salary, $3 million bonus and $7 million in restricted stock . . .


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