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February 8th, 2010

U.S. special pay master for TARP Kenneth Feinberg said that Goldman-Sachs Chief Executive Officer Lloyd Blankfein’s recent $9 million bonus is still an excess bonus package, but he was quick to point out that the group has been following his “prescription” for better executive payout packages. (more)

February 5th, 2010

Goldman Sachs on Friday took a dramatic step to stem the public backlash against its compensation practices, awarding chief executive Lloyd Blankfein a $9m stock bonus for 2009, far lower than his payouts during the boom years that preceded the financial crisis. (more)

January 7th, 2010

NEW YORK (AP) — An Illinois pension fund that bought shares in Goldman Sachs Group Inc. in January of last year is suing the company to recover “billions in compensation” that the investment firm paid its employees in 2009. (more)

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