Investment Banking and Consulting is the "in-thing" these days. Many of the people who graduate from post B-Schools want to go straight join an ivy league firm in Investment Banking. Why not, one might ask, if the pay is so good!
Goldman Sachs, which had one of its most profitable year, is distributing its huge wealth to all its employees. Take for instance what the CEO Lloyd Blankfein is getting!
Goldman CEO's $53.4M bonus breaks record! The bonanza for Blankfein included a cash bonus of $27.3 million, with the rest paid in stock and options. The record payday, disclosed by Goldman Sachs Group Inc. in a filing with the Securities and Exchange Commission on Tuesday, breaks the one set just last Thursday when Morgan Stanley disclosed that it paid CEO Mack $40 million in stock and options.
Link via: Bala
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