Top Goldman Brass To Get 2009 Bonuses Entirely In Stock

goldman lloyd blankfein

In order to deal with the bank’s ongoing PR nightmare, Goldman Sachs (GS) will pay its top 30 executives entirely in restricted stock.

It’s a start, though it probably won’t do much.

Of course, that means there will be plenty of underlings still getting paid in cash, so there should be plenty of homebuying still.

NOW WATCH: Money & Markets videos

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.