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Goldman Sachs says credit crisis is not their fault Seattle Times

18.04.10

CEO pay

Goldman Sachs filed its annual proxy statement April 7. According to an Associated Press calculation of the compensation data in the filing, CEO Lloyd Blankfein received pay valued at $9.86 million for 2009, including a restricted stock bonus worth $9 million on the day it was granted, a $600,000 salary and $262,657 in other compensation and perks including car service and retirement benefits.

While Blankfein's stock-based award was to reward his work in 2009, the award was not included in the calculation of total compensation that Goldman presented in its proxy statement since it was approved 2010. The pay amount included in the proxy only reflects what was granted and paid in the fiscal year 2009. Blankfein's latest stock award will be included in calculations of his total pay for 2010.

The AP's executive-pay calculation aims to isolate the value the company's board placed on the CEO's total compensation package. The figure includes salary, bonus, incentives, perks and the estimated value of stock options and awards.

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help you obtain them easily. You can continue to apply for funds despite an adverse credit score. Be it CCJS, bankruptcy situations or ...

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Macroeconomic Review - ISI - Emerging Markets
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Macroeconomic ReviewThe labour market indicators will continue deteriorating in annualised terms due to the adverse effects on external and domestic demand, as well as further efforts in the corporate sector to cut labour costs. The cost-cutting sentiments are thus likely

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Chrysler's Bankruptcy Hiccup
Reuters - Jun 09, 2009
The unemployment rate is important to banks because "loan losses tend to track the rate of unemployment, as out-of-work consumers typically find themselves unable to stay current on their monthly payments including car loans, mortgages and credit cards

credit cards
Bankrate.com - May 21, 2009
If you're about to apply for a car loan or mortgage, though, use caution. Ulzheimer warns that it may take some time for the score to recover, and "if you're trying to finance something in the interim, it may cost you much more than you saved.

The Basel II accord on credit risk management: The imperative of ... - BusinessDay
BusinessDay, Nigeria - Jun 11, 2009
The Basel II accord on credit risk management: The imperative of The overall responsibility of the board and management of each bank is to ensure that adequate policies are put in place to manage and mitigate the adverse effects of all risk elements in its operations. The board's responsibilities should include: