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Goldman Sachs CEO Lloyd Blankfein Gets 75 Percent Raise

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.


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They've Done a Great Job...

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.

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

He is doing such a wonderful job so why not?

Southern Agrarian

Actually, he's not. Since the

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.

:) I was being sarcastic.

:) I was being sarcastic.

Southern Agrarian