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Nuns

Lloyd, Sister Mary Margaret would like to see you in her office.

Submitted by Roanman on Tue, 04/05/2011 - 07:03

 

From Katya Wachtel at Business Insiders, who has been doing a real nice job lately of providing fun but useful stories.

As always, the photo will link you up with the story.

 

Nuns Demand Goldman Sachs Explain Why It Paid $69.5 Million To The Top 5 Execs In 2010

Katya Wachtel   Apr. 4, 2011
 

 

Goldman Sachs will pay its top five executives just under $70 million for their work in 2010, and four orders of catholic nuns are demanding that the firm launch a review over whether the pay is excessive.

Lloyd Blankfein and his top lieutenants were awarded between $13 and $14 million for their work last year; they all received a cash bonus of $5.4 million.

The nun and charity group has asked that the firm's Compensation Committee reveal extremely detailed information about the compensation.

 

Hope she still has that damn yardstick.

 

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