Thursday, August 11, 2011

Guess How Many Millions Lloyd Blankfein's Personal Fortune Is Losing Right Now

Lloyd C. Blankfein, chairman and chief executive officer of Goldman Sachs Group Inc. (GS), lost about $52 million of his personal wealth this month -- more than the combined losses of four other Wall Street CEOs, Bloomberg reports

The heads of Bank of America Corp. (BAC), Citigroup Inc., JPMorgan Chase & Co. (JPM), Morgan Stanley and Goldman Sachs saw the value of their combined shareholdings fall by $94 million on paper since July 29, based on regulatory filings. That includes a $40 million plunge yesterday..

Read more at http://www.bloomberg.com/news/2011-08-11/blankfein-s-52-million-loss-leads-wall-street-ceos-amid-august-bank-rout.html

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