Lawsuit: Goldman's Bonuses Eclipsed Earnings

By Ben Popken on January 8, 2010 12:14 PM 6081 views

(Photo: 666isMONEY)

Goldamn Sachs gave out more in bonuses than it earned in income last year, according to a lawsuit filed by a pension plan. The suit says that Goldman's revenue was inflated by government bailouts, yet it continued to pay out 50% of revenue as bonuses. [Reuters]

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