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Whose Worse: BP or Goldman Sachs?

Jun

03

2010
ChartPoppers

It’s been a tumultuous few years for U.S. investors and the U.S. economy as a whole. We’ve had a nasty financial crisis, a housing meltdown, and the unemployment rate now sits just under 10%. On top of all of that, we’re now dealing with one of, if not the, worst U.S. environmental disasters in recorded history.

If we’re looking to put a face on our troubles, we don’t have to look much further than BP (NYSE: BP) and Goldman Sachs (NYSE: GS). But in a showdown of these corporate rascals, who deserves the lion’s share of the ire?

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Goldman Sachs’s Top Managers to Get All-Stock Bonuses

Dec

10

2009
ChartPoppers

Goldman Sachs Group Inc., derided for allocating $16.7 billion to pay employees after a bailout by taxpayers, said its top 30 executives will get year-end bonuses in stock they can’t sell for five years.

The awards will be comprised of so-called shares-at-risk, allowing Goldman Sachs to repossess them if the firm determines that the executive failed to adequately analyze or raise concern about risks, the New York-based company said in a statement today. Goldman Sachs will also give shareholders a non-binding vote on compensation.

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