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Goldman Sachs CEO Lloyd Blankfein Gets 75 Percent Raise

Submitted by go213mph on Mon, 01/21/2013 - 18:28
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Angry about your paycheck shrinking this year because the payroll tax cut expired? Well, this should cheer you right up: Goldman Sachs's CEO got a 75 percent raise this year.

Lloyd Blankfein made $21 million last year, including a $2 million salary and a $19 million bonus, CNN/Money reports. That bonus includes $5.6 million in cash. Bloomberg pegs the total pay at $19 million, but what's a couple of million dollars, really?

Blankfein's haul represents a 75 percent pay increase from the year before, CNN/Money notes. It is also nearly double the paltry $11.5 million that Jamie Dimon, CEO of the nation's biggest bank, JPMorgan Chase, took home.

http://www.blacklistednews.com/Goldman_Sachs_CEO_Lloyd_Blank...


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They've Done a Great Job...

Submitted by Pablo77 on Mon, 01/21/2013 - 19:36.

of destroying the United States economy, currency and financial system. So maybe they deserve it on that account.

I was paid 20 cents silver in my day. Happy to get it.

Submitted by Mark Twain on Mon, 01/21/2013 - 19:22.

75¢ in silver is what it used to be... A fortune! I was paid upwards of 20¢ silver per word, & happy to get it.

      Mark Twain Writing Contract, 1903

Two contracts were signed October 1903. The key points of the contract dated October 22, 1903 between Harper & Brothers & Samuel L. & Olivia L. Clemens were:

  • All rights to Mark Twain's works were assigned to Harper & Brothers.
  • Clemens would receive 20% royalties for individual copies of his books.
  • Clemens would receive 17% royalties for uniform editions of his books that sold between $12 & $25.
  • Clemens would receive a guaranteed income of not less than $25,000 a year for the first five years of the contract.
  • Clemens would receive 10% royalties for any collections of short stories of less than 20,000 words.
  • Clemens would receive 40% royalties after five years.
  • Clemens would receive 30 cents per word for magazine & periodical articles.

Now, I ain't needing that contract anymore. If it suits your purposes, be my guest. Use it.

If it ain't suiting you, please be respectful... & keep quiet.

—

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul ☑

He is doing such a wonderful

Submitted by Ulfilas on Mon, 01/21/2013 - 18:45.

He is doing such a wonderful job so why not?

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Southern Agrarian

Actually, he's not. Since the

Submitted by Velveeta Underground on Mon, 01/21/2013 - 19:21.

Actually, he's not. Since the market collapsed and Obama came into office, Goldman Sachs' stock has done terribly... the only time in their entire company's history.

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www.gunowners.org

:) I was being sarcastic.

Submitted by Ulfilas on Mon, 01/21/2013 - 19:35.

:) I was being sarcastic.

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Southern Agrarian