In a regulatory filing posted Friday morning, the New York
investment bank detailed Blankfein's compensation for last year. Goldman paid
its chairman and CEO a salary of $2 million, a bonus of $3 million and stock
awards worth $10.7 million according to HuffPo.
Blankfein's total pay included $9,800 in matching payments
to his retirement plan, $51,467 for a car and driver and $258,701 for security
services. The amount Goldman paid for his security more than doubled from the
year before.
Blankfein's pay rose even as Goldman Sachs endured an
unusually tough year. Goldman reported a 47 percent drop in earnings to $4.4
billion in 2011, as rocky financial markets battered Goldman along with the
rest of Wall Street. That included a third quarter in which the bank lost money
for only the second time since it became a publicly traded company in 1999….
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