Just read a report on CNNMoney about Goldman Sachs' awesome earnings this year; when most of other banks either reporting losses or huge writedowns, and the remaining few showing moderate gains (thankfully, DB is one of them), Goldman has shown record profit. However, what made me post this entry is one statistic on the report - "If ($20.2 B on employee salaries and bonuses) were to be handed out evenly among the 30,522 employees of Goldman ..., that would come to about $661,400 a person".
$661,400 on an average ... wow!!!
Wednesday, December 19, 2007
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