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Article: BRIEFS.(Business)
- Article from:
- Rocky Mountain News (Denver, CO)
- Article date:
- February 22, 2007
CopyrightCOPYRIGHT 2007 Rocky Mountain News. All rights reserved. Reproduced with the permission of the Dialog Corporation by Gale Group. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NATIONAL
Goldman Sachs' big paydays continue to tune of $53 million
Goldman Sachs Group Inc. paid $53 million each to Gary Cohn and Jon Winkelried in their first year as co-presidents of the securities firm.
Cohn, 46, and Winkelried, 47, both received cash bonuses of $26.7 million, $15.4 million in restricted stock, options that the firm estimates are worth $10.3 million and $600,000 in salary, New York-based Goldman said Wednesday in a proxy filing with the Securities and Exchange Commission.
Goldman set a new all-time high for Wall Street compensation in December when it granted Chairman and Chief Executive Officer Lloyd Blankfein ...