Goldman CEO Stands to Collect $100M Bonus: Report

Posted on: February 5, 2010
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Goldman Sachs is disputing reports that its chief executive could pocket a bonus of $100 million.

Lloyd Blankfein, who leads Goldman — the world’s richest investment bank — stands to collect the staggering amount in defiance of the White House, which has leveled strong criticism on excessive bonuses for top executives on the heels of last year’s credit crisis.

The Times of London, which cites unidentified bankers in Davos at the World Economic Forum, reported Monday that Blankfein and other top execs will “receive some of the bank’s biggest ever payouts.”

“This is Lloyd thumbing his nose at Obama,” a banker from a rival company told The Times.

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