Goldman Bonuses

There are dozens of articles everywhere about this. All the major websites, newspapers, CNBC.

Anyone working there currently wish to throw out a number? (Percentage preferably)

When I worked there last year doing bitch work in Prime Brokerage Operations no one I know at the firm doing operations made over a 10% bonus, IF THAT.

I know the traders and Investment banking dudes make good bank come bonus time. I'm interested in hearing some numbers.

 

Think it comes out to approx: $620,000 a person.

 

Yea thats whats in the papers. Lets be realistic. I doubt some entry level operations dude entering trades one year out of college is getting a 620k bonus.

 

Only profit centers get sweet bonuses, ops is a cost center... therefore "NO SOUP FOR YOU!" j/k

-Neo

 

How much $ did Goldman make in 2006 to be able to justify 16 billion in bonuses.

 

For the year ended November 2006, they had roughly $37 billion in Revenue.

http://finance.yahoo.com/q/ae?s=GS

 

Yep, I also googled it. How can they justify to their shareholders giving up 43% of their revenue as bonuses. If I were a shareholder I would riot.

 

Because talent is the source of all there revenue

 

I've heard a janitor at Goldman makes more than $620k a year.

 

Well, I would say talent combined with insider info.

Anyway, 10 thumbs up to the ones who approved and got it.