Goldman Sachs CEO pay cut to $13.3 million
Lloyd Blankfein's total compensation dropped 18 percent in 2012 as value of stock awards fell by half
Found 1 month ago on channel CBS
Goldman Sachs CEO Blankfein pay fell to $13.3 million last year
NEW YORK - Goldman Sachs Group Inc Chief Executive Lloyd Blankfein received $13.3 million in compensation last year, an 18 percent drop from his pay in 2011, according to a securities filing on Friday.
Found 1 month ago on channel Reuters
Goldman Gets Reprieve on Chairman's Post
Goldman Sachs agreed to boost the role of its lead outside director as an activist shareholder group withdrew its proposal for the bank to separate the roles of chairman and CEO, currently held by Lloyd Blankfein.
Is the U.S. Manufacturing Renaissance Real?
U.S. manufacturing is back. That’s been the conventional economic wisdom now for several months, and there’s plenty of proof to back it up – rising factory output, strong manufacturing production gains, and lower labor costs that make American workers more attractive. Couple that with the natural gas boom underway in the U.S., which many experts believe will lower energy costs for U.S. manufacturers, and you’ve got a resurgence of a sector that has been shrinking as a percentage of the economy for several decades. “We are probably the most competitive, on a global basis, than we’ve been in the past 30 years,” says GE CEO Jeff Immelt. “Will U.S. manufacturing go from 9% to 30% of all jobs? That’s unlikely. But could you see a steady increase in jobs, over the next quarters and years. I think that will happen.” But at least one economic seer, Goldman Sachs’ chief economist Jan Hatzius, is throwing a bit of cold water on the idea. He recently released a report, which is ...
Goldman Sachs CEO Lloyd Blankfein: Same-sex marriage support "a business issue"
Lloyd Blankfein tells CBS MoneyWatch Editor-at-Large Jill Schlesinger that supporting same-sex marriage helps recruit good workers
Found more than 1 month ago on channel CBS