Goldman Sachs CEO Lloyd Blankfein Gets 75 Percent RaiseSubmitted by go213mph on Mon, 01/21/2013 - 18:28
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.