The world’s largest Jewish-Supremacist controlled predator bank, Goldman Sachs paid its chief executive, Lloyd Blankfein, $21m last year – and granted him a further $5m in bonus shares in January.
This means that the bank handed Blankfein $13.3m in restricted shares and a $5.7m cash bonus on top of his $2m annual salary last year, boosting his pay from the previous year by $9m more than in 2011, and the highest since the $68m he received in 2007, before the “financial crisis” struck.
The payout, disclosed in a filing with the US regulator the Securities and Exchange Commission (SEC), makes Blankfein, 58, the world’s best paid banker.
On top of his annual pay Goldman granted him long-term incentive plan (LTIP) shares worth an additional $5m at today’s share price.
Blankfein’s top four lieutenants collected a total of $72m in annual pay, bonuses and share options last year.
Gary Cohn, president and chief operating officer, and David Viniar, chief finance officer, both received $19m, while Michael Evans and John Weinberg, both vice-chairmen, collected $17m each. Cohn, Evans and Weinberg were also each granted LTIP shares worth $4m.
Goldman paid its bankers an average of $400,000 last year, $30,000 more than in 2011. The total pay, bonuses and perks bill to its 32,400 staff came in at $13bn.
The payroll figures come after the bank, which was dubbed “a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money” by Matt Taibbi in a Rolling Stone magazine article on the bank in 2010, reported a near-doubling of full year net profits to $7.5bn.
Goldman’s compensation committee said the bank’s bosses had “demonstrated exceptional leadership” and “performed extremely well throughout the year and made significant contributions to our firm’s overall success”.
* Goldman Sachs & Co. agreed in July 2010 to pay $550 million to settle civil fraud charges that it misled investors about mortgage securities before the housing market collapsed in 2007.