Saturday, February 06, 2010

Wall Street bankers switch to preferred stock instead of cash for bonuses



Goldman CEO gets $9 mln restricted stock award Goldman Sachs Group awarded Chief Executive Lloyd Blankfein $9 million in restricted stock units, according to a regulatory filing by the investment bank late Friday. Blankfein got 58,381 restricted stock units... The stock can't be sold until January 2015, Goldman added in the filing. At current prices, the award is worth just over $9 million.
And here are other Bank CEOs' compensations: Click here.

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