Goldman: "Blankfein $100 Million Bonus Is Speculative Nonsense"
In response to The Times' article on Lloyd's alleged $100 million bonus, Goldman has sent out an email early Monday in which it refutes the number and claims the whole story is "speculative nonsense." As the Dow Jones reports, Goldman's email appeals to everyone's heartstrings in realizing just what a generous, competitor-friendly, bailout-free and, in a word, godly organization it truly is:
"Everything Goldman Sachs has said and done in terms of compensation this year gives the lie to The Times story," the spokesman said. He added that Blankfein received no bonus in 2008, and that Goldman's ratio of compensation and benefits to net revenue in 2009 was the lowest in its
history as a public company.
Goldman has yet to state if the actual bonus number is lower or higher.