Friday, January 28, 2011

Blankfein awarded $12.6m in shares

By Justin Baer in New York
Published: January 29 2011 00:45 | Last updated: January 29 2011 00:45
Goldman Sachs awarded its chief executive, Lloyd Blankfein, $12.6m in restricted stock and
more than trebled his annual salary, in a sign the public backlash against the bank’s pay
practices may have waned.

Waning public backlash? Or waning political backlash?