Bankonomics

[AtW]

"Goldman Sachs pay and bonuses rise to £250,000 each

Bank has set aside $13bn to cover the salaries, bonuses and perks for staff worldwide – a rise of more than $30,000 a head on 2011"

Source: Goldman Sachs pay and bonuses rise to £250,000 each | Business | guardian.co.uk

Same bank dividends history in 2011 -

$0.35 per share x 4 times or $1.40 per share which is 1% yield on current price of $139, total amount paid out in dividends in 2011 - based on market cap of $65 bln it follows total amount paid out as dividends was around $0.65 bln

Source Goldman Sachs Group, Inc. (The) (GS) Dividend History - Nasdaq.com



EDIT: to be fair to GS they've dramatically increased dividends in 2012... to 1.5% yield!

[BrilloPad]

Good news. A USA bank handing out loads of money. Lots will go to London employees and HMRC will collect loads of it.

[Robinho]

Good news. A USA bank handing out loads of money. Lots will go to London employees and Bermuda will collect loads of it.

FTFY

[Scrag Meister]

Always really annoys me how they say $250000-400000 per employee, as the majority recieve little bonus and the majority of the bonus goes to the minority of employees.

Would have thought by now they would realise this and explain this is the case, rather than all bank employees being tarred with the same brush. And people thinking they all received a 250k bonus when the reality is more likely to be <20k.

[BrilloPad]

Always really annoys me how they say $25000-400000 per employee, as the majority recieve little bonus and the majority of the bonus goes to the minority of employees.

Would have thought by now they would realise this and explain this is the case, rather than all bank employees being tarred with the same brush. And people thinking they all received a 250k bonus when the reality is more likely to be <20k.

The truth does not sit well with the media. Or banks.