The problem with Goldman (GS) bonuses: Beyond the generic problem that bonuses are usually based on an un-risk-adjusted IRR, the problem with bonus for banks in general, and Goldman in particular, is that the government is backing short-term bank borrowing, and so banks can borrow at very depressed rates and make a lot of money on spreads. This seems more like playing the government than playing the market.
By Richard K. Green Nov 9, 2009, 2:43 PM
- Share:
- Stumble it!
- Buzz
- Goldman to Limit Bonuses for its London-based Staff to £1M
- Goldman Critics vs. Little Goldmans
- Goldman Set to Pay the Biggest Bonus Payouts in its 140-Yr. His…
- Credit Suisse to Cut Bonuses of Its U.K Managing Directors By 30%
- The Case for a Supertax on Big Bank Bonuses
- Goldman: The Perfect Lightning Rod for Populist Outrage
- Goldman Sachs CEO Expecting $100 mln Bonus
Leave a Comment
| INDU | 0.00 | |||||||
| NASDAQ | 2823.49 | |||||||
| S&P 500 | 1312.31 | |||||||
| DJIA Fut | 12425.00 | |||||||
| Nasdaq Fut | 2522.75 | |||||||
| S&P Fut | 1312.50 | |||||||
| Oil Fut | 105.68 | |||||||
| Gold Fut | 1658.50 | |||||||
| Nikkei | 8563.38 | |||||||
| Shanghai | 2350.973 | |||||||
| UK | 5350.05 | |||||||
| France | 3038.25 | |||||||
| Germany | 6315.89 | |||||||
-
Blog Roll
-
Blog Roll (Random)






