Goldman Bankers Get Stiffed, As Q1 Compensation Is The Company's Lowest Ever!

Maybe to save money, or perhaps to blunt some of the outrage over bonuses, Goldman Sachs (GS) only accrued 43% of net revenues for compensation. It frequently accrues close to 49% or 50% for bonuses.

The company says it was its lowest ever for the first quarter!

Read more in the release.

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